Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state’s property insurance market is “more competitive than ever.”
The Town Talk reports Donelon spoke on May 8 to the Alexandria Rotary Club about the recovery of the property-insurance market and dangers of hurricanes.
Donelon said more companies are doing business in Louisiana today than the day before Hurricane Katrina hit in August 2005.
With hurricane season approaching, Donelon urges residents to have coverage through the National Flood Insurance Program.
Donelon told the Rotarians that only 40 percent of the flood victims of Hurricanes Katrina and Rita had flood insurance in place.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
How Niche Insurance Shielded Bad Bunny From Bad Weather 
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
