Mr. Donelon said there is no question that many Louisianans are considering an exit.
Risky business: Insurers quit homeowner policies or jack up rates to escape natural disaster payouts
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While the program -- which is a revival of the one created in 2006 when insurers packed up and left the market in droves following hurricanes Katrina and Rita -- has been described as a “band-aid solution,” Donelon said it is necessary to keep people from losing their homes.
Louisiana Insurance Commissioner will not seek reelection
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