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Louisiana Businesses Worried by Insurance Cuts

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Louisiana Businesses Worried by Insurance Cuts

Katrina & Beyond

Louisiana Businesses Worried by Insurance Cuts

Louisiana Businesses Worried by Insurance Cuts

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Business owners in New Orleans were stunned by the recent announcement that St. Paul Travelers would not renew some commercial insurance policies in the area. The company said the move is part of an effort to rebalance its risk.

State officials are scrambling to work out a deal that would convince insurers not to drop coverage in the area.