From Tort Reform to Rate Relief, Lawmakers Weigh Impact on Drivers Legislative gears are grinding in Louisiana as state lawmakers push forward a series of insurance-friendly bills designed to address the state’s notoriously high auto insurance rates. But here’s the million-dollar question on everyone’s minds (or, more appropriately, the $5-million cap question): Will these changes actually lighten the financial burden for drivers, or are we spinning the same legislative wheel? A Legislative Push for Change Today, the Louisiana House of Representatives approved 16 pro-insurance industry bills, sending them to the…
Read MoreCapping Claims, Cutting Costs? Examining Louisiana’s Auto Insurance Reforms
