Best’s Commentary: Louisiana’s Proposed Property Market Fix a … – Business Wire
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best is of the view that Louisiana’s plan to appropriate $45 million in funds to attract insurance companies to take on more property risk and reduce the burden on the state-run insurer of last resort is likely to be a short-term stopgap as opposed to as an effective long-term fix given ongoing …
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