re: Louisiana Legislature repeals law blocking homeowner’s insurance cancellations

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Landry, Temple and the conservative legislators will have hell to pay once homeowners who have been with their carriers for years are dropped now. I predict this will be a total cluster making more people end up in Citizens. I hope I am wrong but after dealing with a legit claim from Ida and the absolute BS the carrier put me through I don't trust any of them in that business. Make no mistake the legislators are getting donations from the industry with no intentions of benefitting the insured.

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Your prediction will become reality.

Insurance companies are evil. They don’t make $$$ on your premiums, they make money on investments. You’re just a loss leader for them. They slow pay, and deny legit claims bc they think nobody will fight them.

The real devils are the reinsurers. They can charge whatever they want, and they truly DGAF about you.

Any law that forces an insurance company to do what it promised, I’m all about.

This will end badly. It won’t lower premiums and will make it easier for insurers to just leave.