The Louisiana legislature adjourned its 2007 regular session last week on a disappointing note for insurers, a trade group said Thursday.
John Marlow, assistant vice president, American Insurance Association, Southwest Region, said that while several positive bills were passed by the legislature and sent to Governor Kathleen Blanco for signature, other bills passed could make it more difficult for insurers to write homeowners policies in the state.
"At the end of the day, the positive impact of abolishing the Louisiana Insurance Rating Commission was negated in the final days of the session," he said.
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