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Insurance agents say as premiums for property insurance rise customers have few options, especially in southeast Louisiana following Hurricane Ida and back-to-back hurricanes last year.
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Insurance Commissioner Jim Donelon expects property insurance premiums to increase 10 to 12% in the wake of Hurricane Ida and policyholders are hoping that is not the case.
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It could be beneficial to some Hurricane Ida victims to itemize property damage on their federal tax returns.
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Roof shingles can be hard to get as tens of thousands need roof repairs due to Hurricane Ida. The Homebuilders Association of GNO also says prices for shingles and wood are up.
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La. Insurance Commissioner Jim Donelon explained a new mediation program his office launched for Hurricane Ida victims who feel their insurers are not dealing fairly with them.
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Sen. Bill Cassidy, the state's senior U.S. senator toured a FEMA site in Plaquemines Parish to see the operation and hear about damage in the parish.