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Louisiana's state-run property insurer



Buck-passing on the bayou: A Katrina class action lawsuit against the state-run Louisiana Citizens Property Insurance Corp. could wind up inflicting a $95 million liability on ratepayers of privately owned property insurers, and the state's insurance commissioner favors legislation to shield the entity from the payout.

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Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.