<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=1IBjXm_0wDVbM5Q00" alt="https://img.particlenews.com/image.php?url=1IBjXm_0wDVbM5Q00" width="980" height="606" ><figcaption>Evan Roberts</figcaption></figure><p>The Louisiana Commissioner of Insurance held a public conference earlier this week to address the public's concern about the state's high insurance rates.</p><h2>Trailing The Country</h2><p>On Tuesday, Commissioner Tim Temple held a town hall at Fountainbleu High School in Mandeville. During this town hall, Temple admitted that the state has one of the highest insurance rates in the country, with the average resident spending 7% of their yearly income alone on car and property insurance. The average American only spends <a href="https://www.valuepenguin.com/insurance-costs-income-study#:~:text=Key%20findings-,American%20households%20spend%20an%20average%20of%205.3%25%20of%20their%20income,%25%20and%2028.0%25%2C%20respectively.">5.3% of their income on car, property, and health insurance</a>.</p><blockquote><p>"We got to make sure companies have a competitive market, atmosphere where they can be competitive, while at the same time handling claims and have the money to pay claims," - Louisiana Commissioner of Insurance Tim Temple</p></blockquote><p>At the town hall concerns were aired over the recent economic impact hurricanes Milton and Helene have had and how they may affect insurance in the state. Commissioner Temple quelled these concerns by stating, "I'm certainly aware of the crisis and how it's negatively impacting people's pocketbooks... I am focused on bringing resolution, bringing solutions to this crisis so that people can keep more of their money in their pockets and not sending it to insurance companies."</p><h2>The Problem at Heart</h2><p>Earlier this month Commissioner Tim Temple testified before the Louisiana House Civil Law and Procedure Committee where many of the state's issues with insurance were put in the spotlight. Temple made note of an issue facing Louisiana drivers in that almost 875,000 of the 2.1 million drivers in the state have the lowest possible provided car insurance. A bigger problem plaguing the state's roads is the abundance of uninsured drivers, <a href="https://www.iii.org/fact-statistic/facts-statistics-uninsured-motorists">with over 13% uninsured</a>.</p><p>Louisiana's legal system is commonly agreed to be plaintiff-friendly in personal injury cases, meaning there is little financial incentive for insurance companies to write policies for a state where a majority of cases are decided against their favor.</p><h2>The Most Populated Cities In Louisiana</h2><p>The biggest cities in Louisiana by population are listed in the 2020 census.</p></div></body>

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The Louisiana Commissioner of Insurance Addresses Emerging Crisis

The Louisiana Commissioner of Insurance held a public conference earlier this week to address the public's concern about the state's high insurance rates. On Tuesday, Commissioner Tim Temple held a town hall at Fountainbleu High School in Mandeville. During this town hall, Temple admitted that the state has one of the highest insurance rates in the country, with the average resident spending 7% of their yearly income alone on car and property insurance. The average American only spends 5.3% of their income on car, property, and health insurance.