In recent weeks a handful of insurance companies nixed just over 80,000 policies in the Bayou State. As carriers bow out, not only are residents scrambling to find new coverage, but they are faced with limited choices. (Credit: Bryan Tarnowski/Bloomberg)
(Bloomberg) — After meteorologists warned of another active Atlantic hurricane season this year, insurance companies have closed shop in Louisiana and Florida, leaving in the lurch thousands of homeowners in those storm-prone states.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
