Blanco aims to send out insurance checks (AP)

by Populux | October 9, 2006 at 11:36 am
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BATON ROUGE, La. - Gov. Kathleen Blanco on Monday announced a plan to ease homeowners' post-hurricane insurance burden by sending them state checks next year with money raised by selling off what remains of the 1998 tobacco settlement. Blanco's plan would require approval from the Legislature, possibly in a special session later this year, plus statewide voter approval of a change to the state constitution. The governor said she aimed to essentially refund the rate hikes — between 10 percent ...

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