La. Citizens Board Delays Assessment Decision
The governing board of Louisiana's state-backed property insurance firm has postponed a decision on whether to change the fee paid by policyholders to pay off debt incurred because of claims from Hurricane Katrina.

All property insurance policyholders in Louisiana pay a 5 percent fee - called an "assessment" - to pay off Katrina debt incurred by the state-backed Louisiana Citizens Property Insurance Corp. The fee is paid by homeowners and commercial insurance policyholders, whether they're with Citizens or private firms.Citizens' board on Thursday put off a decision on whether to keep the assessment at 5 percent or lower it to 4.3 percent.