Over 100-thousand Louisiana Citizens Policyholders are facing a 63-percent rate increase on their homeowners coverage as a result of rising re-insurance costs. Insurance Commissioner Jim Donelon says state law forced the approval of the rate hike, but he’s looking to bring back an incentive program to attract more private insurers into Louisiana…
cut 15 (09) “…business at Citizens”
The increase will go into effect next year so Donelon encourages Citizen policyholders to shop around now.
For the first time in about a month, there’s a chance of rain across Louisiana today. State Climatologist Barry Keim says we are not looking any significant rainfall totals and more rain will be needed…
cut 11 (13) “…that promising”
John Deere will invest nearly 30-million dollars to expand operations at its Thibodaux facility. The expansion will create 70 new jobs and the Thibodaux plant will eventually produce medium-chassis cotton harvesting models that will replace existing models built in China. Lafourche Parish President Archie Chaisson says these new cotton harvesters shows how compeitive Lafourche can be…
cut 9 (07) “…..to work”
The company expects production of the new cotton harvesters to begin within the next two years and reach full capacity by 2025.
Bankrate has found that 79-percent of holiday travelers are changing their plans, opting for shorter trips, cheaper activities and less expensive accomodations because of rising costs. Senior Industry analyst Ted Rossman says the days you decide to fly will impact how much you spend…
cut 6 (12) “…less crowded”