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High auto insurance premiums have remained a pressing issue in Louisiana for decades. A report by the National Association of Insurance Commissioners shows that Louisiana held the most expensive combined average premium in the nation from 2015 to 2020. In fact, Louisiana has ranked among the top three highest states since 2006.
Louisiana has started removing tens of thousands of people from the state’s Medicaid program, more than 50,000 so far, either because they no longer qualify for the taxpayer financed health insurance or at least haven’t proven they remain eligible.
As the epicenter of climate disasters, hurricane-battered Louisiana is in the middle of a property insurance crisis. The destruction of Hurricanes Delta, Ida, Laura and Zeta have pushed several insurance providers to the point of insolvency, costing billions of dollars in damages and paid losses.