RECORDING: Navigating Eviction Stays & Moratoriums with COVID-19
LOUISIANA REALTORS • June 5, 2020
Louisiana REALTORS took a deep dive into the subject of evictions. This webinar recording provides resources and information for REALTORS about navigating evictions and the information that will be required to go through the process once business resumes and legal deadlines resume. The panelists included: Judge Doug Saloom and attorneys Barry Grodsky and Hanna Adams.
It is important to note that the information provided in this session is current as of June 4, 2020 when the session took place and things change as the state enters different phases. The materials and charts provided are great reference materials for REALTORS to know as well as to use in communications and dealings with their clients.
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.
Built for How You Work
Confused about debt and mortgage approval? Learn how lenders view debt, what DTI really means, and how to protect your buying power before shopping.
