npub14h…annmt on Nostr: Louisiana has a non-profit property insurance corp b/ all insurers pulled out ...

Louisiana has a non-profit property insurance corp b/ all insurers pulled out starting before Katrina, but definitely after. It lost money every year until this year b/ we had few disasters, so the 1.36% fee EVERY other homeowners was paying to absorb those cost can end https://www.ktbs.com/news/louisiana/louisianas-property-insurer-of-last-resort-to-end-1-36-assessment-by-april/article_2d1743c5-d69b-5dd3-99c4-367016d729fc.html