The number of homeowners insurance policies written by the so-called insurer of last resort remains near its 20-year high. Andrew Greenstein reports.
Cut 1 (35) “…I’m Andrew Greenstein.”
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A task force has started meeting to discuss energy use in Louisiana with the possibility multiple data centers could be built in this state. Jeff Palermo has the story….
Cut 2 (34) “…I’m Jeff Palermo.”
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Today is early national signing day and LSU’s 2026 recruiting class looks much different than it did 48 hours ago. Andre Champagne has more…
Cut 3 (30) “…I’m Andre Champagne.”
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The number of homeowners insured by Citizens Insurance, the state’s insurer of last resort, remains near its 20-year peak. As of the end of last month, Citizens accounted for more than 122-thousand policies. Ben Albright, the president and CEO of the Independent Agents and Brokers Association of Louisiana, says in some areas, the only option besides Citizens are smaller insurance companies.
Cut 4 (13) “…much more capitalized.”
Albright says in some instances, Citizens is a more attractive option since the legislature suspended the ten-percent surcharge that is customary for all insurance carriers of last resort. Albright says it’s important that the surcharge be reinstated so that people have an incentive to move to a private insurer.
Cut 5 (14) “…because of claims.”
Albright says the insurance reforms that the legislature recently passed are starting to show positive returns, but he says they’re going to take time.
Cut 6 (14) “…passed onto policyholders.”
The 20-year low came in February of 2021, when Citizens had less than 36-thousand policies.
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New LSU football coach Lane Kiffin is a “yogi” which means he is a yoga lover and has already found his spot in Baton Rouge. Since arriving in the capitol city, Kiffin has been taking morning classes at the Yoglates Studio on Perkins Road in Baton Rouge. Yoglates owner Kate Fox says her clients were shocked to see the new LSU football coach at their 6:30 AM class…
Cut 7 (11) “…everyone did awesome.”
Kiffin arrived in Baton Rouge on Sunday and Fox got a call from someone at LSU about Kiffin’s desire to get a class in on Monday before he went back to work…
Cut 8 (10) “…yes (giggles)
Fox hopes Kiffin is a longtime client at her studio…
Cut 9 (12) “…part of it”
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Meta is building a ten-billion-dollar AI data center in Richland Parish and state economic development officials say more data centers are on the way. That is why a new task force has begun meeting to make sure Louisiana has enough power to provide electricity for everyone. Louisiana Senate President Cameron Henry says it’s a valid question to ask…
Cut 10 (10) “…current businesses.”
Entergy Louisiana broke ground this week on two new power plants in Rayville that will support Meta’s A-I data center. Entergy says Meta is paying for the state-of-the-art generation facilities, but environmental groups have raised concerns that the data centers will lead to higher energy costs for everyone. Henry says that’s what they want to find out with this task force…
Cut 11 (12) “…with that”
Henry says energy costs are going up nationwide and one of the driving forces behind that is the consumption of power by data centers. He says the task force will produce its findings to the Senate by March first…
Cut 12 (08) “…some adjustments.”
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The early national signing day period begins today and there have already been several de-commitments and new additions to LSU’s Class of 2026. Jerit Roser with Louisiana vs All Y’all says the major changes that have occurred are what come with a coaching change.
Cut 13 (09) “…fit differently.”
LSU’s two top commitments, Lamar Brown and Richard Anderson are expected to delay signing to a school until February. Roser says that it’s possible that the two players’ NIL packages could have changed due to the new coaching staff.
Cut 14 (15) “…for college.”
Four-star wide receiver Jabari Mack is one of LSU’s top commitments. Mack is rated as the No. 34 wide receiver in the nation. Roser says there’s many things to like about the 6 foot, 200-pound receiver out of Destrehan.
Cut 15 (14) “…to be a weapon.”