The Louisiana Bond Commission is scheduled to take up a request on Thursday (Aug. 18) to raise the line of credit for Louisiana Citizens, the state's insurer of last resort, as it is flooded with policies left behind by failed or departing insurers.
The 2022 hurricane season is upon us and we have already checked off the first name on the list which was Alex earlier in the year with the next one being Bonnie.
Despite these high numbers, Southwest Louisiana was left with a needed break from a hurricane landfall which just goes to show it doesn’t matter how active the season is forecast to be, because it just takes one storm!