Gov. Jeff Landry discusses insurance crisis, collateral sources [Video]

BATON ROUGE, La. (BRPROUD) — Gov. Jeff Landry held a press conference about legal reforms, including the insurance crisis at the Louisiana State Capitol on Tuesday afternoon.

During the press conference, Gov. Landry discussed the problems with property, auto and healthcare insurance. Landry noted that he is aware of the high premiums for property insurance in the state, making it unaffordable for residents.

“As governor, I have consistently said that I am committed to finding a balanced solution that supports both the industry but protects citizen’s rights,” said Landry. “Commissioner of insurance, Tim Temple, has recommended changes to the property and auto insurance laws, emphasizing market demands. We’ve recently signed several bills into law aimed at providing relief to homeowners.”

Landry reports that since 1994, the Louisiana Legislature has passed 250 bills that were pro-insurance industry with the promise of reducing rates.

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