House approves 3-year scrap bill

The Louisiana House approved a bill this week to phase out a rule that a home insurer cannot cancel a customer’s policy for three years except for lack of payment or fraud, sending it to Gov. Jeff Landry for his signature.The bill is at the center of a high stakes push by the new insurance commissioner, Tim Temple, and Landry to reduce regulations on insurers to try to attract more of them to the…

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