Louisiana Citizens ups commercial property limits as private carriers exit state
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Louisiana Citizens ups commercial property limits as private carriers exit state

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Louisiana Citizens has increased the amount of commercial property insurance coverage available, aiming to guarantee that businesses can buy enough coverage through the state-backed carrier if they cannot get coverage in the private market.

Commercial coverage limits were temporarily increased to $10mn for a single building, $3.2mn for content, and up to $20mn of aggregate coverage per insured.

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