Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
New Suit Filed in Louisiana Claims Chinese Drywall Destroyed Homes
Aug 1 2014 // Lawyers for people who say their homes were wrecked by defective drywall made in China have filed a new lawsuit against the manufacturers and a new defendant — the Chinese Cabinet agency that oversees the country’s...
Louisiana Agent Booked with 29 Counts of Insurance Fraud
Jul 31 2014 // Louisiana State Police have booked a 58-year-old West Monroe man with 29 counts of insurance fraud and one count of theft. Trooper Albert Paxton tells The News-Star that John Whittington, a licensed insurance agent,...
Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance
Jul 31 2014 // Stonetrust Commercial Mutual Insurance Holding Co. announced it has agreed to be acquired by Dhandho Holdings LP and Dhandho Holdings Qualified Purchaser LP, based in Irvine, Calif. Stonetrust is a Louisiana-based mutual...
Louisiana Parish Audit Finds Most School Bus Drivers Not Drug-Tested
Jul 29 2014 // An internal audit has found that the Caddo Parish school system has been testing far fewer bus drivers than it should for drugs and alcohol. Federal regulations require random testing each year of at least half the...
Louisiana Commissioner to Ridesharing Drivers: Check Insurance Coverage
Jul 29 2014 // Louisiana Insurance Commissioner Jim Donelon is urging potential drivers for ridesharing services like Uber to make sure they closely check their insurance policies before signing up with one of the companies. The...
Louisiana Private, Non-Farm Employment at All-Time High
Jul 24 2014 // The Louisiana Workforce Commission says the state in June set records for both private sector and total nonfarm employment, according to seasonally adjusted employment data released by the federal Bureau of Labor...
Assessors in Louisiana Seek Updated Valuation Rules for Oil Wells
Jul 23 2014 // A group of Louisiana tax assessors is advocating for a series of property valuation changes that, if approved, could significantly increase property tax rates for oil and gas well operators, as well as revenues for local...
Improvements to Lafourche, Louisiana Levee System Underway
Jul 22 2014 // The South Lafourche Levee District in Louisiana plans to finish raising the levees protecting Larose to Golden Meadow in the coming year. The district began raising the system’s levees to 16 feet in the more...
Some in Louisiana to See Lower Fire Insurance Rates
Jul 21 2014 // Louisiana insurance regulators say St. Charles Parish homeowners can expect significant rate reductions in their fire insurance premiums, effective Aug. 11. Commissioner of Insurance Jim Donelon says the new rates will...
State Farm Hurricane Deductibles in Louisiana Jump to 5%
Jul 21 2014 // State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm spokesman Gary Stephenson told The...
Peremption for Me, But Not for Thee
Jul 21 2014 // The Difference Between Insurance Agents and the Insurers They Represent Hurricane season 2014 had barely begun when Hurricane Arthur formed and wreaked havoc along the East Coast during the 4th of July weekend. Whether the...
Surplus Lines Tax Sharing Solution Still Up for Debate
Jul 21 2014 // Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has...
Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible
Jul 17 2014 // Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance...
Louisiana Parishes Buying Out Flood Prone Homes
Jul 16 2014 // Terrebonne Parish in Louisiana has a $4 million grant it’s using to buy nine storm-damaged or flood-prone homes throughout the parish. Lafourche Parish has a similar program, but only two households are...
Ratings of Louisiana-Based Imperial Fire and Casualty Upgraded
Jul 11 2014 // A.M. Best removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from B+ (Good) and the issuer credit rating (ICR) to “a-” from...
State Farm Increases Hurricane Deductible in Louisiana to 5%
Jul 10 2014 // One month into the hurricane season, State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm...
Louisiana’s Calcasieu Parish to Pass School Athletic Insurance Costs to Parents
Jul 10 2014 // The Calcasieu Parish School Board has voted to eliminate the district’s student athletic insurance policy because of rising premium costs and budget constraints. The Calcasieu Parish School Board has voted to...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Atlantic Specialty Lines Opens New Louisiana Office with Danny Gendusa to Lead Initiative
Jul 10 2014 // Hammond, LA, 7/10/14– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, auto, professional, and personal lines coverages, continues its expansion by...
Louisiana Won’t Disclose Oil Train Transport Records
Jul 9 2014 // Louisiana officials are refusing to disclose the details of crude oil shipments railroads haul through the state. The state Department of Public Safety and Corrections says the information freight railroads are required to...
