Insurance crisis could reshape Lafayette’s economy
Tightening commercial and residential development could upend Lafayette’s economy and, in turn, crimp funding for local government.
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Tightening commercial and residential development could upend Lafayette’s economy and, in turn, crimp funding for local government.
Several lawmakers who voted for the bill spoke on the floor to express their frustration with the fund, which many have described as a Band-Aid on a large wound.
Source: Louisiana Illuminator
The program would offer grants to certain insurance companies that underwrite new homeowner policies in the state.
Gov. John Bel Edwards called legislators into a special session to address Louisiana’s worsening insurance crisis. Top officials say thousands could lose homes without a fix.
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