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Louisiana governor calls special session over state’s property insurance crisis

January 23, 2023

Recognizing the instability of Louisiana’s property insurance market, Governor John Bel Edwards has called for legislators to convene a special session to address the issue.

Edwards’ call comes after State Insurance Commissioner Jim Donelon appeared before the Joint Legislative Committee on the Budget last week to request a special session.

Donelon proposed setting aside $45 million for an incentive fund previously established by lawmakers, to entice up to seven insurers to start writing policies in Louisiana.

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