Louisiana lawmakers discuss reducing auto insurance rates through meetings, addressing inflation, repair costs, natural disasters, and tort reform.
Louisiana lawmakers are actively working to reduce the state's high auto insurance rates through a series of monthly meetings. Contributing factors include inflation, increased repair costs from advanced vehicle technology, and natural disasters. The discussions also involve a contentious debate over tort reform, affecting business and insurance interests versus personal injury lawyers. Governor Jeff Landry has signed some industry-backed measures but vetoed a significant proposal to limit claim payouts.
September 06, 2024
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