Don’t drink insurance Kool-Aid

Special to the Herald-Guide
April 25, 2007 at 11:20 am  | Mobile Reader | Pring this storyPrint 

Last January, Florida enacted sweeping property insurance “reforms.” Unfortunately, those reforms will do little to increase coverage or, in the long run, decrease the cost of property insurance.

Instead, they put the state and all policyholders on the hook for huge potential tax increases and assessments.

Louisiana’s Legislature will address the property insurance issue in the current session. Thank goodness, Gov. Kathleen Blanco isn’t drinking the Florida property-insurance Kool-Aid.

She is standing behind a reasonable package of bills that stands a much better chance for success in addressing our property insurance problems than the Florida approach is likely to accomplish.




View other articles written Special to the Herald-Guide

featured merchant

BENT'S RV
BENT'S RV Bent's RV is a Full Service RV Dealership in Louisiana.

Fireman uses 'mouth-to-snout' to save poodle
Fireman uses 'mouth-to-snout' to save poodle
- 3065 views
All Barry Minnich knew as he crawled into a smoldering house in Luling last Thursday was "I gotta find this dog" and then he saw Angel lying on the floor under the kitchen table.

Become A Herald-Guide Insider

Get breaking news, sports and lifestyles straight to your inbox