Louisiana’s property insurer of last resort has gotten permission to secure a $75 million cash line of credit in case a hurricane damages the state. The Louisiana Citizens Property Insurance Corp. has enough money set aside to cover a $110 …
Louisiana senators refused on April 26 to repeal a law that bans employers from discriminating against smokers, after opponents said the change could lead to widespread firings. More than 20 years ago, legislators passed a law protecting smokers from workplace …
A New Orleans U.S. representative from the New Orleans area has objected to Louisiana Gov. Bobby Jindal administration’s plan to redirect federal hurricane recovery money from housing aid programs to Superdome upgrades. U.S. Rep. Cedric Richmond sent a letter to …
A behind-the-scenes firestorm in Louisiana’s legislative session centers on a big-money, years-long dispute between landowners and the oil and gas industry over how cleanup should be handled of environmental damage from drilling years ago. More than a dozen bills have …
A state lawmaker has been ousted from his leadership position, a day after voting against a tax break sought by Louisiana Gov. Bobby Jindal. Bogalusa Rep. Harold Ritchie says he was told he was removed as vice chairman of the …
A nearly $103 million offer by Louisiana’s property insurer of last resort to settle claims disputes was rejected on Feb. 24 by lawyers representing the policyholders, who objected to several pieces of the proposal, including a cap on attorneys’ fees. …
Louisiana’s property insurer of last resort is offering nearly $103 million to settle disputes over its handling of claims after hurricanes Katrina and Rita more than six years ago. The governing board of the Louisiana Citizens Property Insurance Corp. voted …
The U.S. Supreme Court has refused to stall payment of a $93 million judgment against Louisiana’s property insurer of last resort, a decision that could get money within six months to policyholders who won the lawsuit against the company. The …
More than 650 new laws took effect in Louisiana this week, including revisions to existing statutes and arcane adjustments of insurance and health care regulations. New abortion regulations will require ultrasound exams for all women getting abortions, and also will …
A ban on insurance companies dropping coverage of homeowners who have found corrosive Chinese drywall in their homes is headed to Gov. Bobby Jindal after getting final legislative passage. The bill by Rep. Julie Quinn, R-Metairie, would prohibit insurers from …
