News roundup: Companion Animal Alliance moving to new location … Starmount parent company acquires California dental insurance firm … Baton Rouge millennials have fifth highest car debt, says LendingTree

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Paws: Companion Animal Alliance is moving Nov. 12 from its former shelter near the Baton Rouge airport to a new facility near LSU’s campus on Gourrier Avenue near River Road, the organization announced today. The new $12.75 million shelter, paid for with donations and built on land donated by LSU, will have easier to clean kennels that will help keep the animals healthy. The new shelter will also have a retail store that will help support CAA operations. The location on LSU property is expected to boost adoptions and volunteering, and will let LSU School of Veterinary Medicine students test the latest techniques and care for the pets until they are adopted.

Beach bound: Unum, the parent company of Baton Rouge-based insurance firm Starmount has acquired California-based dental insurance firm Jaimini Health Inc., the company announced today. Although Starmount/Unum has experienced success with its dental PPO plans, the company realized certain areas have a high demand for dental HMOs and this acquisition allows Unum to expand into that area in Southern California.  

Indebted: A study from online loan marketplace LendingTree found that millennials in the South owe more on their car loans than young adults elsewhere in the country, and Baton Rouge checks in at No. 5 when it comes to millennials with the highest car debt. Local millennials had a median loan balance of $20,124. Read the full report.

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