Is a new version of an old subsidy for insurance companies to write policies in the state the right solution to todays crisis?
We dont know, but the Legislature appears likely to move as quickly as possible to, essentially, use tax dollars to pay private insurers to take over policies now covered by Citizens, the state-owned insurer of last resort.
With Insurance Commissioner Jim Donelon scheduled to appear before the states budget committee at the Capitol on Friday, legislative leaders and officials of Gov. John Bel Edwards administration appear ready to sign off on a special session next month perhaps only five days in length to write a check to subsidize policies taken from Citizens burgeoning rolls.
The key dates: Before the Mardi…
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