Landry Valued Policy Law: Louisiana Supreme Court rules for Citizens Property

I heard about the Louisiana Supreme Court's decision in Landry vs. Louisiana Citizens Property Insurance Corp. yesterday morning, but had no time at all to do a post. Got too busy even to do an emergency post linking to the decision. But now I've read it, and I have a few moments to comment briefly. By the way, here is the Landry decision. Here is a link to a story by Rebecca Mowbray in the Times-Picayune.This decision is the first thing I've read in Landry that has made sense to me. The Court of Appeals' decision was more or less completely incomprehensible. The state Supreme Court went for the simplest analysis, which is always a good idea and keeps courts out of trouble, and that analysis is basically as follows: when the state's Valued Policy Law was re-enacted in 1991 aft