Louisiana special session targets capacity constraints amid high cat losses
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Louisiana special session targets capacity constraints amid high cat losses

Farhin Lilywala
30 January 2023
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Louisiana legislators will gather on Monday for a special session to discuss funding the Insure Louisiana Incentive Fund with $45mn from the state's surplus, in a bid to attract more insurance capacity.

The state is facing capacity constraints in its property insurance market, compounded by heavy cat losses from hurricanes Laura, Delta, Zeta and Ida.

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Farhin Lilywala
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