This week, Hy and Christopher explore how Louisiana government is doing nothing about either the Hundreds of American Queen cruise ship personnel who received a termination notice last week, or the announcement that Marsh McLennan, the world’s largest insurance broker, acquired two middle-market agencies—Querbes & Nelson (Q&N) and Louisiana Companies. These mergers may constitute one of the largest buyouts of local insurance agencies/brokers in decades, with tens of thousands of customers affected.
The question remains whether the consolidation of the “insurance middlemen” in Louisiana is good for the consumer? Critics fear these consolidations — and many others like it—may leave smaller agents with fewer insurance markets to offer to their customers—driving up personal and commercial insurance rates.
We then talk about it crime initiatives in the special session, and whether the death penalty is the “pro-life” position.
Finally, on a related note, we an initiative by the Hungarian government which has cut abortions in half, without outlawing the practice. Basically, a woman had four children, she never pays income tax for the rest of her life. Should that be part of the Louisiana debate on abolishing the state income tax? Federally? Viktor Orban is wrong on many things, but the use of tax incentives bolster family demographics family demographics and reduce abortions?