Thanks to Stephanie Grace for the Q&A with Insurance Commissioner-elect Tim Temple.
While he’s correct that insurance companies needn’t operate in Louisiana, most other businesses and residents are also free to leave, a fact I’ll impress upon him in January.
It’s unfortunate our state’s “business-friendly” culture is so consumer hostile and, by extension, small-business/nonprofit hostile. As below-average salaries and high living costs are largely responsible for our state’s population losses, I plan to propose these reforms:
Finally, please inform your readers that many of them can bifurcate property/casualty coverage to save substantial sums on their premiums: Place hurricane/wind/hail with CPIC and other perils — fire, theft, etc. — with a private insurer. I look forward to reading about further developments.
BRUCE EVANS
Metairie
