More Louisiana homeowners leave Citizens Insurance
Baton Rouge, La.- The Louisiana Insurance Commissioner says 6,877 homeowners policies have been transferred from Citizens Insurance to private insurers.
That's a positive move for those homeowners who will be paying less for insurance because Citizens is required by law to charge more.
Commissioner Jim Donelon says, "With this Depopulation Program, homeowners now have a broader range of options for insurance and many policyholders have previously lowered their premiums by hundreds or even thousands of dollars after having their policy moved."
The transfers bring Citizens policy count to less than 100,000 residential policies.
The number of Citizens policies reached an all time high of 174,000 policies in February of 2008.
The four companies taking over policies are Access Home Insurance Company, Centauri Speciality Insurance Company, Lighthouse Property Insurance Corporation and Maison Insurance Company. This is the first time Maison Insurance, which is new to the market, participated in the program.
Donelon says, "The increased competition we are currently experiencing along the coastal parishes is a win-win scenario for all Louisiana property insurance policyholders."
A man arrested on drug charges escaped police custody while being treated at the hospital, Morgan City police say. Officers are searching for Jamison Dunigan, 39, after he escaped custody on Thursday.more>>
A man arrested on drug charges escaped police custody while being treated at the hospital, Morgan City police say.more>>
The National Hurricane Center named Tropical Storm Cristobal early on Sunday morning. The storms is slowly organizing and moving very slowly as well. The center actually ended up coming together a bitmore>>
When you look at satellite, an ominous "blob" of storms looms just off the LA coast. However, this is along a trough of low pressure extending from Brownsville, Texas all the way to Tampa, FL. more>>
After several rainy and stormy periods over the weekend, we are going to see more breaks for additional sunshine and a daily rain chance all this week. We are currently on the dry-side of an upper disturbance,more>>
A large cluster of storms in the central Gulf is moving northward. Computer models do not develop anything with this feature, but it will provide for abundant rainfall across the Gulf coast this holiday weekend.more>>
While you were sleeping, the Internet never stopped… Here's what's trending today. ‘Exasperated' boy reacts to mom's pregnancy "What were you thinking? This makes no sense… This is exasperating!" Amore>>
While you were sleeping, the Internet never stopped… Here's what's trending today.more>>
Thursday, August 28 2014 9:33 AM EDT2014-08-28 13:33:06 GMT
SPARTANBURG COUNT, SC (WYFF) - Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office. Deputiesmore>>
Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office.more>>