https://www.nola.com/news/business/here-are-the-louisiana-insurers-that-have-gone-broke-or-left-the-state-amid-deepening/article_c7f077b4-3e98-11ed-86c9-f7f1103

https://www.nola.com/news/business/here-are-the-louisiana-insurers-that-have-gone-broke-or-left-the-state-amid-deepening/article_c7f077b4-3e98-11ed-86c9-f7f11037202f.html https://www.nola.com/news/business/here-are-the-louisiana-in... The Gulf South has been having a tough time with a string of catastrophic storms and flooding. Since 2005, Louisiana has been struck by 10 hurricanes. Flood policies have become so incredibly expensive that some people are simply saving money and throwing it into an account because it makes more sense than paying $8K+ to get a home insured for a year.