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Started By
Message
re: Louisiana Legislature repeals law blocking homeowner’s insurance cancellations
Posted on 5/1/24 at 3:59 pm to Chad504boy
Posted on 5/1/24 at 3:59 pm to Chad504boy
quote:
its bullshite.
Nah, it's not. Companies tend to do more in a state where there are less restrictions.
quote:
companies will be cancelling the frick out of books of business. nothing about this helps or will draw competing carriers.
Both of those comments are assumptions.
Posted on 5/1/24 at 4:04 pm to Lee Chatelain
quote:
Nah, it's not. Companies tend to do more in a state where there are less restrictions.
you're a fool. and you took the bait.
quote:
Both of those comments are assumptions.
not assumptions. i've sat here and watched carriers cancel every piece of business they could and only stayed on what they legally had to. This will generate 99% more non renewals to the 1% it may generate new business over the next 5 years plus. we are in an insurance climate disaster and this timing of this bill passing couldn't be worse.
Posted on 5/1/24 at 7:35 pm to Lee Chatelain
quote:
Companies tend to do more in a state where there are less restrictions.
Are there concrete examples of this in practice?
Posted on 5/2/24 at 7:33 am to Lee Chatelain
quote:
companies will be cancelling the frick out of books of business. nothing about this helps or will draw competing carriers.
quote:
Both of those comments are assumptions.
True.
My assumption is that the insurance companies will gladly set up shop, take your money, and then bail if something happens.
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