Louisiana News

Recovery Slow for Gulf Oyster Industry 5 Years after BP Spill

Five years after the largest oil spill in U.S. history spewed millions of gallons of crude into the Gulf of Mexico, many Louisiana oystermen are fearful that a once-bountiful population of the mollusks may never recover. “My kids are losing …

Trademark Dispute Over ‘Bayou Classic’ Football Game Set for Trial

A dispute over the ownership of a trademark for an annual football contest is set to go to trial May 31. The suit, filed last May in federal court in Baton Rouge, La., involves the “Bayou Classic,” the annual football …

Approval of New Orleans East Levees a Good Sign for Flood Insurance Rates

Levee officials say the Federal Emergency Management Agency has certified non-federal levees in New Orleans East, a step which should help spur economic development in a part of the city lagging in its comeback from Hurricane Katrina. FEMA officials certified …

All Risks South Central Adds Producers in Dallas, Houston, New Orleans

Insurance wholesaler All Risks Ltd. has added three new producers in the South Central region: Zach Burdine in Dallas; Alan Doyle in Houston; and Aaron Ross in New Orleans. Burdine joins the Dallas office as a broker and brings proven …

Sinkholes Added as Threat in Louisiana Disaster Plan; Salt Domes to be Mapped

Sinkholes will be recognized as threats in the state’s updated hazard mitigation plan. The Daily Comet reports the state is working on a five-year update to its hazard mitigation plan, which must be in place to receive federal money after …

Texas, Louisiana Improve Building Code Rankings; More Work Needed

Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to improving the ability of properties throughout the nation to withstand catastrophic …

Insurance, Corporate Law Intersect in Louisiana Agent Liability, UM Cases

Nothing is more exciting than reading the latest updates on insurance law, unless, of course, you can get updates on corporate law at the same time. Fortunately, there are two recent Louisiana cases where the outcome of insurance law issues …

A.M. Best Affirms Ratings of Louisiana-Based AMERISAFE, Subsidiaries

A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” of DeRidder, La.-based AMERISAFE Inc. and its property/casualty subsidiaries: American Interstate Insurance Co.; Silver Oak Casualty Inc.; and American Interstate Insurance Co. in Austin, Texas. Concurrently, …

Family Sues Tangipahoa Parish Jail over Inmate’s Death

The parents of a Louisiana prisoner who died in custody at the Tangipahoa Parish Jail last year has filed a wrongful death suit. The Advocate reports the lawsuit alleges the jail staff failed to monitor the health of Keith Joseph …

Eagan Insurance Agency President Named a ‘Driving Force’ in New Orleans Area

Marc F. Eagan, president of Louisiana-based Eagan Insurance Agency, has been named a “Driving Force,” a special honor given to community leaders who have made significant contributions to the New Orleans area, in particular during the 10 years following Hurricane …