Louisiana Citizens Proposes 10.5% Homeowners Rate Hike

Louisiana Citizens Proposes 10.5% Homeowners Rate Hike

PropertyCasualty360.com, January 19, 2012
by Melissa Tinklepaugh

Louisiana Citizens Property Insurance Corp. has proposed a 10.5 percent overall increase to homeowners-insurance rates in order to correct inadequate rates for wind-and-hail coverage, according to Richard Robertson, CEO of the state-run, last-resort insurer.

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