Posted On: October 10, 2007, 2:52 pm CDT

Posted By: claim guy

Unfortunately, until you figure out what a fair and properly priced premium is there is no way to even start talking with companies about writing more or new business. The idea of merging together with other coastal states has some merit because the premise of insurance is to spread the risk. The question is who would administer it???

For the candidates that want to force companies into something, MD Ins Lady is correct. Do you think State Farm and Allstate, who insure over 50% of the market in Louisiana, would hesitate to leave the State? Why don't they force every oil company except one out of the state as well, or only allow one grovery store chain who gives the best prices!!