Property insurance rates in Louisiana are out of control. If you have recently renewed your homeowners or business property insurance, you already know about massive increases in premium. Tune in to learn about the property insurance crisis in Louisiana. Jeff and Ben Albright with the Independent Insurance Agents and Brokers of Louisiana (IIABL) join us to talk about where we are, how we got here and where we are headed. Ben and Jeff are the foremost experts on insurance matters in the state of Louisiana. Tune in to better understand why you are paying so much and what we need to do to change that.

The 1st Extraordinary Session of the 2023 Louisiana Legislature has completed their work and adjourned sine die. The Legislature passed two bills that will fund the Insure Louisiana Incentive Program. The legislation will provide $45 million to help attract insurers to write coverages in Louisiana. 

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HB 1 by Rep. Zeringue which provide and appropriation of $45 million to the Insure Louisiana Incentive Program passed the Senate Finance Committee and is headed to the Senate Floor for debate. The Senate Finance Committee stripped the House Floor amendments off of the bill in order to ensure that the legislation has the best chance of being implemented immediately. Those amendments will likely be placed on HB 2.

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Stay up to date on the 1st Extraordinary Session of the 2023 Louisiana Legislature. This Special Session addresses the property insurance crisis in Louisiana. 

The 1st Extraordinary Session of the Louisiana Legislature is underway. The legislature is discussing HB 1 which provides funding for the the Insure Louisiana Incentive Program. HB 1 will be debated on the floor of the Louisiana House of Representatives. You can tune in at https://legis.la.gov/legis/home.aspx. 

The Pelican Brief is a video podcast that provides news and information about Louisiana Government. We cover the Louisiana Legislature, the Executive Branch and politics. Subscribe, Like and Follow us on social media and YouTube @thepelicanbrief225. You can also reach us at [email protected].