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Baton Rouge Business Report
businessreport.com > business > key-reforms-aimed-at-louisianas-property-insurance-crisis-remain-untested

Key reforms aimed at Louisiana’s property insurance crisis remain untested

6+ hour, 43+ min ago  (45+ words) Key reforms aimed at Louisiana's property insurance crisis remain untested'Baton Rouge Business Report Over the past two years, Louisiana lawmakers have worked to reform catastrophe insurance claims laws in an effort to stabilize the state's property insurance market. Whether those…...

Baton Rouge Business Report
businessreport.com > article > investors-bet-big-against-mother-nature-as-hurricane-season-heats-up

Investors bet big against Mother Nature as hurricane season heats up

4+ mon, 4+ week ago  (147+ words) Large investors such as pensions and hedge funds are estimated to have spent $18.6 billion so far in 2025 buying catastrophe bonds, which insurers and reinsurance firms sell to shed some of the risk of massive natural disasters like hurricanes, The Washington…...

Baton Rouge Business Report
businessreport.com > article > new-laws-aimed-at-easing-the-states-insurance-crisis-are-now-in-effect

New laws aimed at easing the state’s insurance crisis are now in effect

6+ mon, 2+ week ago  (177+ words) Louisiana's latest wave of insurance reform took effect Friday, with six new laws targeting property insurance costs through stricter oversight of construction, contractor practices and claims handling, The Center Square reports." Among the most notable changes: Parishes and municipalities must…...

Baton Rouge Business Report
businessreport.com > article > temple-rebukes-landrys-claim-of-insurance-reform-win

Temple rebukes Landry's claim of an insurance reform win

6+ mon, 4+ week ago  (197+ words) Louisiana Insurance Commissioner Tim Temple is pushing back against Gov. Jeff Landry's claims of a major insurance reform win, The Center Square writes." While Landry touted General Motors Insurance's recent product launch in the state as a victory stemming from…...

Baton Rouge Business Report
businessreport.com > article > a-breakdown-of-the-bills-signed-by-gov-landry-on-monday

A breakdown of the bills signed by Gov. Landry on Monday

7+ mon, 3+ week ago  (229+ words) Gov. Jeff Landry signed a sweeping legislative package Monday targeting Louisiana's insurance crisis and overhauling the state's Department of Transportation and Development, Louisiana Illuminator writes." The insurance-related bills aim to increase transparency, prevent age-based premium hikes, and protect consumers from…...

Baton Rouge Business Report
businessreport.com > article > lawmakers-pass-sweeping-insurance-changes-but-will-lower-rates-follow

Lawmakers pass sweeping insurance changes—but will lower rates follow?

8+ mon, 1+ week ago  (487+ words) Louisiana lawmakers ended the 2025 legislative session with a flurry of insurance reforms aimed at addressing the state's sky-high coverage rates'but not without some conflict, Louisiana Illuminator reports." While Gov. Jeff Landry touted a "balanced approach" targeting both insurers and trial…...

Baton Rouge Business Report
businessreport.com > article > op-ed-questions-gov-landrys-commitment-to-lower-auto-insurance-rates

Op-ed questions Gov. Landry’s commitment to lower auto insurance rates

8+ mon, 1+ week ago  (469+ words) An op-ed published this week by The Center Square takes direct aim at Gov. Jeff Landry's handling of insurance reform, accusing him of breaking a key promise made throughout the 2025 legislative session." Landry had pledged to sign any insurance reform…...

Baton Rouge Business Report
businessreport.com > article > state-lawmakers-halt-bills-aimed-at-providing-insurance-relief-to-homeowners

State lawmakers halt bills aimed at providing insurance relief to homeowners

8+ mon, 1+ week ago  (223+ words) With just two days left in the 2025 legislative session, Louisiana lawmakers have stalled two key insurance bills that could have provided much-needed relief to homeowners facing skyrocketing insurance rates, Louisiana Illuminator writes." Senate Bill 235, which proposed a tax credit for…...

Baton Rouge Business Report
businessreport.com > business > landry-signs-contentious-insurance-reform-bill-into-law

Landry signs contentious insurance reform bill into law

8+ mon, 3+ week ago  (256+ words) In a Wednesday morning press conference, Gov. Jeff Landry signed into law what his office is calling the "largest tort reform effort in state history." The package is a response to Louisiana's sky-high insurance rates. Of particular controversy is House…...

Baton Rouge Business Report
businessreport.com > article > auto-insurance-overhaul-advances-amid-debate

Auto insurance overhaul advances amid debate 

9+ mon, 1+ day ago  (246+ words) A major legislative push to reduce Louisiana's auto insurance costs is moving forward, but not without deep debate and division, Louisiana Illuminator reports." On Wednesday, the state Senate advanced several high-profile tort reform bills in a marathon session marked by…...