Louisiana Citizens exposure down 50% from 2008 high

Louisiana's insurer of last resort Citizens has reduced its
total of personal and commercial policies to below 88,000, the firm
announced last week (4 December).
Following its eighth round of depopulation, Citizens said it had
cut its policy count by 50 percent from an all-time high of 174,000
policies in 2008.
Citizens' market share is expected to fall to around 1.8
percent, down from 9.8 percent in 2008.
Louisiana insurance commissioner Jim Donelon said that many
policyholders who left