This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Wednesday, September 14th, 2022
 
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Louisiana Citizens wants 63% rate increase for homeowners' policies amid failures

By ADAM DAIGLE | Acadiana Business Editor​ ​ ​

Good morning, Acadiana. Let's get down to business this morning.

Louisiana Citizens Insurance Corp., the state’s insurer of last resort, wants to raise its already-high prices by more than half, following a dramatic increase in demand for coverage after eight private insurers collapsed and nearly a dozen others exited the state.

The organization has asked the Louisiana Department of Insurance for a 63% rate increase for personal property coverage, which would hit its more than 102,000 homeowners policies, records show.  You can read the story here. 

Have a great day and see you back here Thursday morning. 

 
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Louisiana Open faces uncertain future after news that Korn Ferry event is dropped

Louisiana Open executive director Danny Jones began facing the reality about two weeks ago. Read more

LHC Group signs deal with Maryland-based medical system

LHC Group and the University of Maryland Medical System signed a definitive agreement to form a new joint venture partnership to provide enhanced in-home health care services in the Baltimore area and 20 counties in Maryland. Read more

Acadiana newsmakers: Angelle Architect promotes 2 to senior associate

Dione Sonnier and Bryan Estes were promoted to senior associates by Angelle Architects. Read more

 
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