@CommTemple received a warm welcome today before he addressed members of the @nabipsocial. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗮𝘁 𝗮 𝗴𝗹𝗮𝗻𝗰𝗲: He gave an overview of the Louisiana insurance market including trends in homeowners, health coverage and auto. ⬆️ Health: Individual market is facing an average rate increase of 18.6% for 2027. ⬇️ Homeowners: Licensing new companies and seeing a slight decrease in the average rate. Indicators are showing an improving market. ↕️ Auto: An overall decrease in rates for the private passenger market … but offset by 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗿𝗮𝘁𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨.𝗦. Key cost drivers are excessive litigation + high bodily injury claims. 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆 𝗺𝗲𝘀𝘀𝗮𝗴𝗲: “While we are seeing signs of an improving insurance market, we have more work to do.”