In a surprising turn of events, Louisiana Commissioner of Insurance Tim Temple held a separate news conference on auto insurance reform, distancing himself from Gov. Jeff Landry’s recent news conference on expected insurance legislation. Temple revealed that he has not spoken to the governor about insurance reform since May 7th, 2024, suggesting a disconnect between the two officials.
Temple disputed some of Landry’s claims from the previous day, stating that he has the authority to regulate insurers effectively and can deny rate increases if they are deemed too high. He also refuted Landry’s assertion that insurance companies can conceal information from the Department of Insurance, stating that insurers are required to provide requested information.
Temple challenged Landry’s use of statistics, claiming that Louisiana insurers actually have higher losses compared to other states, despite lower loss ratios. In response, Landry criticized Temple for failing to address the state’s insurance crisis, raising questions about why no action has been taken. The relationship between Landry and Temple appears strained, raising concerns about the future of insurance reform in Louisiana.
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