The state Department of Insurance has approved a rate increase of 63 percent for customers of the state-run insurer of last resort, Louisiana Citizens. The increase will take effect on January 1st, but Insurance Commissioner Jim Donelon hopes to have new insurance companies arranged to offer cheaper coverage to those under Citizens’ protection…:
Cut 14 (09) “…Citizens’ policyholders.”
The consumer financial company Bankrate conducted a survey and 80% of holiday travelers are changing their plans this year due to rising costs. Senior Industry Analyst, Ted Rossman says inflation will impact lower-income households at a higher rate, and planning ahead will help keep holiday travel costs more affordable.
The survey says 25% will make less expensive accommodations this year for the holidays.
John Deere announces plans to expand its Thibodaux plant which will result in 70 new jobs on the Bayou.
Cut 2 (30) “…I’m Don Molino”
It was a violent night in Shreveport last night as three separate shootings led to three fatalities. Police say the shootings occurred within an hour of each other and there’s no word from authorities on whether these shootings are connected or if anyone has been arrested.
Superintendent of Education Cade Brumley told the Senate Education Committee the number of teacher vacancies in the classroom statewide has been cut in half in one year from 25-hundred to 12-hundred. Brumley says legislation approved by lawmakers this year helped out.