finanacial institutions

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“I’m insurance poor!”

Whenever someone raises the twin topics of insurance and affordability, a little red flag goes up in my little brain.

In 99% of the cases I see, the problem is not affordability, but effectiveness. Will the coverage you have actually DO what you want it to DO when the car wrecks, or the house burns? The question you should be asking is, “What coverage can our family afford NOT to have?”

BATON ROUGE, La. (AP) — Louisiana's top banking regulator has joined colleagues in a dozen other states asking Congress to clear the way for banks to do business with the marijuana industry.

The Advocate reports that John Ducrest, commissioner of the Louisiana Office of Financial Institutions, was one of 13 state financial regulators signing a letter to congressional leaders in late August seeking "safe harbor" legislation for banks.