Louisiana Associations Recognized for Excellence in Advocacy
LOUISIANA REALTORS • February 13, 2019
Each year the National Association of REALTORS® awards the Triple Crown and the President’s Cup to the Associations around the country who dedicate time and effort to achieving REALTOR® Party goals. Many local associations step up to the plate and make these goals happen.
Louisiana REALTORS® wants to recognize the Local Associations in our state and commend all the hardworking PAT members for their efforts. Out of 436 local associations, we had 6 recognized as Triple Crown. In order to receive Triple Crown, you must meet or exceed National RPAC fundraising goals and participation. And out of 224 Local Associations, we had 6 recognized for President’s Cup. In order to qualify for President’s Cup, there must be a response rate of 20% or more on NAR Calls for Action.
Louisiana REALTORS® overall was recognized for achieving the President’s Cup for the 5th year in a row!
From the Louisiana Department of Insurance: Insurance Commissioner Tim Temple joined Governor Jeff Landry and Senate Insurance Committee Chairman Kirk Talbot today to announce that Louisiana is investing an additional $20 million in Fortified homes, bringing the total amount invested in state Fortified projects this year to $100 million. Governor Landry announced that $20 million from the U.S. Department of Housing and Urban Development will be transferred to the Louisiana Office of Community Development Restore Resilient Opportunities for Overhead Fortification (Restore ROOF) program to strengthen residential structures and reduce long-term disaster risk. Earlier this year, the Legislature passed a bill that allows $50 million in additional Katrina and Rita bond money from Louisiana Citizens Property Insurance Corporation to be added to the Department of Insurance’s Louisiana Fortify Homes Program (LFHP). Also beginning this year, LFHP is projected to receive approximately $30 million annually from taxes and fees the Louisiana Department of Insurance collects from the insurance industry. “Building stronger homes is a vital part of making homeowners insurance affordable in Louisiana,” said Commissioner Temple. “I appreciate Governor Landry’s leadership and support as we work with legislators like Chairman Talbot to make Louisiana a national leader in the adoption of Fortified roofs.” The Louisiana Department of Insurance (LDI) has finalized its promulgation of Regulation 136—Fortify Homes Premium Discounts. The purpose of Regulation 136 is to implement the statutory provisions set forth in La. R.S. 22:1483, et seq. , which require that all Louisiana property and casualty insurers provide premium discounts or insurance rate reductions for homes constructed or upgraded in accordance with the fortified standards created by the Insurance Institute for Business and Home Safety. View Regulation 136 here .
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