Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
USG Insurance Services Adds Lee as Producer/Broker in Louisiana
Nov 5 2013 // USG Insurance Services Inc., a national wholesaler and managing general agent, announced the expansion of its Louisiana operations with the return of Gina Lee as a producer/broker based in Mandeville, La.. Lee most...
BP Oil Spill Settlement Opponents Ask Court to Rescind Approval
Nov 4 2013 // Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement. The...
Business Moves
Nov 4 2013 // Aspen Re Bermuda-based Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Ltd., has formed Rock Re, a new dedicated brokered property facultative unit within its U.S. operation. Rock Re will build on...
Louisiana Citizens Insurance Settles Remaining 2005 Hurricane Claims
Nov 1 2013 // A state-run insurance company of last resort in Louisiana has settled the remaining claims in a class-action lawsuit tied to how it handled claims after Hurricanes Katrina and Rita in 2005. The New Orleans Advocate reports...
Louisiana Insurance Companies Stonewall on Enrollee Data
Oct 28 2013 // The three main companies offering health insurance plans to Louisiana residents on the federally run online health marketplace have refused to say how many people have been able to sign up for coverage. The marketplace...
Louisiana Lawmakers Urged to Act on Flood Insurance Rate Hikes
Oct 24 2013 // Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in flood insurance costs around the nation. Don Cravins, chief of staff for U.S. Sen....
Louisiana Forensic Firms Move into New Business Lines
Oct 24 2013 // After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed with thousands of damage claims. Since the storm, the companies that remain in New...
Flood Insurance Price Increases Affecting Home Sales
Oct 24 2013 // Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would remain about the same. After reading recently about a change in the federal...
Louisiana Legislature Plans Flood Insurance Meeting
Oct 22 2013 // The Louisiana Legislature’s insurance committees have scheduled an Oct. 23 meeting to discuss what can be done to help residents facing skyrocketing flood insurance increases. Changes in the National Flood Insurance...
Imperial Management Corp. Acquires National Automotive Insurance
Oct 18 2013 // Imperial Management Corp. (IMC) announced an agreement to purchase National Automotive Insurance Co. (NAIC) headquartered in Metairie, La. The transaction is pending approval of the Louisiana Department of Insurance and is...
Report: Louisiana Could Have More Than 2M Jobs in 2015
Oct 18 2013 // Growth in the Lake Charles and Baton Rouge, La., areas is expected to help boost employment in Louisiana to an all-time high of more than 2 million jobs in 2015 in spite of plodding national growth, a new report...
Louisiana High Court Strikes Down Immigrant Driver Law
Oct 18 2013 // The Louisiana Supreme Court has struck down a state law that made it a crime for people who aren’t U.S. citizens to drive here without carrying proof of their immigration status. The divided court ruled that the...
Univ. of Louisiana-Lafayette Gets Grant for Disaster Database
Oct 16 2013 // A research center at the University of Louisiana-Lafayette has received a $1.3 million grant to build a tool to educate property owners about the potential for flooding or other risks in their area. The Advocate reported...
Louisiana Shuffling Dollars to Pay for Sinkhole
Oct 10 2013 // The Louisiana Department of Natural Resources borrowed $8 million from the state treasury to meet the day-to-day expenses of Bayou Corne. Now, that money is almost gone. The Advocate reports DNR’s biggest expense is...
Louisiana Researchers Studying Coastal Land Values
Oct 9 2013 // It’s no surprise that some coastal wetlands are more valuable than others, but the question several researchers at LSU are trying to answer is how much more valuable. Walter Keithly, associate professor and Richard...
Virginia Families in Chinese Drywall Case Forging Ahead
Oct 9 2013 // Seven Virginia families fighting for compensation over Chinese drywall that wrecked their homes have their eyes on Louisiana this week, where a federal appeals court will hear arguments over whether the manufacturer of the...
Louisiana Commissioner: Citizens Insurance Policy Count at New Low
Oct 7 2013 // Louisiana Citizens Property Insurance Corp. has its lowest number of customers since Hurricane Katrina struck Louisiana eight years ago, according to state Insurance Commissioner Jim Donelon Louisiana Citizens now has...
Gulf Coast Braces for Flooding from Tropical Storm Karen
Oct 3 2013 // Tropical Storm Karen may bring more than 7 inches (18 centimeters) of rain, isolated tornadoes and power outages to the U.S. Gulf Coast, where it is expected to go ashore over the weekend, forecasters said. Karen, with top...
State Farm Raising Louisiana Homeowner Insurance Rates
Oct 3 2013 // State Farm is raising Louisiana homeowner rates an average of 8.7 percent statewide for its nearly 308,000 policyholders. According to State Farm’s filing with the insurance department, the statewide increase will...
Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims
Oct 3 2013 // BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the...
