Louisiana News

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 …

Feds to Study Cracks in Monroe, Louisiana Floodwall

The U.S. Army Corps of Engineers says it will study the 81-year-old floodwall that protects Monroe from the Ouachita River, to try to determine why the structure is cracking. Tensas Basin Levee District personnel first discovered the cracks in 2012. …

Louisiana’s LCTA Workers’ Comp Adds D’Angelo to Board

Louisiana-based workers’ compensation insurer, LCTA Workers’ Comp (LCTA), has added John D’Angelo to its board of trustees. D’Angelo founded Investar Bank in Baton Rouge, La., in 2005, and grew the full-service community bank to eleven locations and $800 million in …