Insurance companies operating in Louisiana will be charged at least $100 million to pay the claims of two failed property insurers who went belly up in Hurricane Ida’s aftermath.
But the cost of dealing with the insolvent insurers ultimately will fall on the state after companies recoup the dollars through a series of tax credits. The Louisiana Insurance Guaranty Association voted for the first time since 2004 to charge insurers 1% of their net written premiums to help fill its coffers.
If you rely on the delivery of pancakes, ice cream or whatever you crave whenever you crave it, you might no longer be able to count on delivery. Struggling with labor shortages and the return of customers to on-site dining, some restaurants are choosing to scale back on delivery and to-go orders.
The Wall Street Journal says Darden Restaurants, Cheesecake Factory, Dine Brands Global and First Watch Restaurant Group are among those scaling back delivery and online orders.
