Ag Industry Rallying Behind Bill to Reduce Auto Insurance Rates
By Annie Ourso Landry, Greater Baton Rouge Business Report
Several business leaders are backing a bill—set to be heard Tuesday in committee—to reduce auto insurance rates in Louisiana, but the industry pushing the hardest is also one that could need it the most: agriculture. Farmers, mill operators and agriculture leaders are rallying behind the effort to reduce rates, which House Bill 372 by Rep. Kirk Talbot aims to do, saying their industry is on the brink of an insurance crisis because there are so few carriers willing to insure agriculture businesses in Louisiana, driving rates sky high.