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flag Louisiana’s governor asks LWCC to fund roof grants using surplus to combat rising insurance costs.

flag Louisiana Governor Jeff Landry has asked the state-created LWCC insurer to use its financial reserves to help fund fortified roofs for homeowners, aiming to ease the ongoing homeowners insurance crisis. flag In a letter dated February 25, 2026, Landry highlighted LWCC’s strong financial position—$1.6 billion in assets and a $901 million surplus—and urged it to support the state’s $30 million annual roof grant program, which helps reduce insurance premiums. flag The request, which lacks specific funding details, raises questions about legal authority, as LWCC’s role in residential insurance is unclear and may require legislative approval. flag Despite efforts like tax credits and a lottery-based grant system, only about 20% of applicants receive aid. flag The push reflects a shift in Landry’s approach, as he previously avoided direct involvement but now supports measures to address rising premiums driven by climate risks and reinsurance costs.

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