According to a recent report, 63% of Louisiana homeowner's insurance policyholders saw an increase in their policy premium over the past year. For those with flood insurance, 54% saw an increase in their cost of coverage. Now, auto insurance rates are also going up.
On May 12, 2020, at the Louisiana State Legislature, Insurance Commissioner Jim Donelon boldly stated that automobile insurance companies should be able to charge women higher rates. “Racial discrimination is unfair discrimination,” he said, “gender discrimination is fair discrimination.” For all those who asked yesterday, here’s the video of Louisiana Insurance Commissioner Jim Donelon saying […]
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