New Louisiana laws mandate insurers with larger capital and catastrophe plans
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New Louisiana laws mandate insurers with larger capital and catastrophe plans

Kyoung-son Song
July 07, 2022
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Louisiana’s insurance regulators have passed a new set of rules for insurers, including higher minimum capital requirements of $10mn and a requirement to submit catastrophe response plans.

The new regulations are part of the Catastrophe Reform Package, put together by Louisiana’s insurance officials and recently approved in the 2022 legislative session.

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Kyoung-son Song
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