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Key takeaways. 11 property insurance companies in Louisiana became insolvent between July 2021 and September 2022, reflecting the deepening crisis in the state’s insurance market .
Pages in category "Non-profit organizations based in Louisiana" The following 24 pages are in this category, out of 24 total. This list may not reflect recent changes .
Kin Insurance, Inc. is an American technology company founded in 2016. The company offers home insurance through its data-driven platform. Coverage is issued through the Kin Interinsurance Network and the Kin Interinsurance Nexus Exchange. Kin Insurance surpassed $1bn valuation and gained unicorn status. [1] [2] [3] [4]
Despite new state regulations that required homeowners with Citizen's Insurance to also purchase Federal Flood Insurance, June 2023 saw the number of Citizen’s policies balloon past 1.3 million. [35] Two private companies agreed to accept 26,000 Citizens policies in spring 2023.
To entice private insurance firms back to Louisiana, the state embarked on an industry-friendly recovery plan that offered small, regional insurance companies a chance to make money writing high ...
According to a Bankrate analysis of data from Quadrant Information Services, the average cost of an insurance policy with $250,000 in dwelling coverage for a home in Louisiana is $3,247 annually ...
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