Louisiana REALTORS® Association Celebrates 100 Years in 2019
LOUISIANA REALTORS • January 9, 2019
Baton Rouge, LA – January 9, 2019
– This year marks the centennial anniversary for Louisiana REALTORS® Association. Founded in 1919, Louisiana REALTORS® membership has grown to over 14,500 knowledgeable real estate professionals. Over the past 100 years, Louisiana REALTORS® has remained committed to representing REALTORS® on important real estate-related issues, creating professional development opportunities, and providing other unique and focused services.
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Louisiana REALTORS® will continue to evolve and expand in 2019. From sustained legislative engagement and advocacy for the protection of homeownership to highlighting the work of their members from across the state to a technological commitment to providing the best online resources for homebuyers, sellers, and their members; Louisiana REALTORS® is looking forward to the next century.
About Louisiana REALTORS®
Louisiana REALTORS® is a member-based trade association established to assist its members in the business of real estate in Louisiana. Louisiana REALTORS® represents its membership on important real estate related issues to state and federal government, while providing legal assistance, professional development opportunities, discounts, and other unique services for its membership. Real estate licensees who join a local Member Board of REALTORS® also become members of the State Association and the National Association of REALTORS®.
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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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