Donate to Relief Fund for Texas
Amy Fennell • August 31, 2017
As our friends and REALTORS® in Texas work to recover from Hurricane Harvey, supplies and relief efforts are underway from a variety of groups and individuals. The Louisiana REALTORS® Disaster Relief Fund is one way members can DONATE to the relief of our Texas neighbors. Your contribution to the fund will be applied directly to aid in Texas.
Last year following several disasters in Louisiana, Associations from all over the country provided monetary contributions that were then dispersed to over 1,000 families in need. Your donation of at least $20 will get you a chance at winning the "You Can't Drown the Blues" framed print by George Rodrigue.
Please consider a donation to the Louisiana REALTORS Relief Fund.
From the Louisiana Department of Insurance: Insurance Commissioner Tim Temple announced today that the Louisiana Department of Insurance (LDI) continues its work to develop a regulation creating benchmark discounts for Fortified roofs in Louisiana. The LDI is working with the National Association of Insurance Commissioners (NAIC) to develop the benchmark discounts using Louisiana-specific data, hurricane modeling and actuarial considerations. “With over 11,000 Fortified roofs in Louisiana and two years-worth of insurer experience with rating for those roofs in our state, now is an appropriate time for the LDI to establish benchmark discounts for homeowners insurance companies operating in our market,” said Commissioner Temple. “These benchmarks are being thoughtfully developed to help consumers receive the discounts they deserve for fortifying their homes while making sure insurers know the benchmarks reflect how much Fortified roofs actually mitigate their exposure to risk across Louisiana.” Like in Alabama’s Fortified benchmark discount structure, the LDI regulation would require Louisiana insurance companies to either meet the minimum benchmark discount established by the LDI or provide actuarial justification for why the company’s discount does not meet the benchmark. Louisiana is the fastest growing state for Fortified roofs in America. To date, over 11,000 Fortified roofs have been installed in Louisiana, including over 4,100 through the Louisiana Fortify Homes Program.
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