Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Citizens Offers to Settle Katrina-Rita Suit for $80M
Feb 13 2012 // Louisiana’s property insurer of last resort has offered to settle a dispute over slow handling of hurricane claims from 2005 for up to $80 million, with no more than $25 million of that for attorneys’ fees —...
Louisiana Officer in Federal Insurance Fraud Probe Found Dead
Feb 10 2012 // The St. Tammany Parish coroner ruled that the death of a New Orleans police officer under investigation by the FBI was a suicide. Officer Salvadore Battaglia’s body was found in his house on the night of Feb. 7. Dr....
Louisiana AG Recovers $25.2M from Drug Companies Charged with Fraud
Feb 8 2012 // Louisiana Attorney General Buddy Caldwell announced that his office has recovered $25.2 million from five pharmaceutical companies that he sued alleging unlawful inflation of drug costs paid by Louisiana taxpayers through...
Arthur J. Gallagher Acquires Louisiana’s Detlefs Johnson & Partners
Feb 8 2012 // Insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has acquired of Detlefs Johnson & Partners located in Baton Rouge, La. Terms of the transaction were not disclosed. With operations...
Officials: Louisiana Man Accused of Setting 12 Fires
Feb 7 2012 // Louisiana State Fire Marshal H. “Butch” Browning says a 55-year-old Kaplan man is accused of setting a dozen fires, including one that destroyed the vacant Kaplan Rice Mill. Browning and Kaplan Police Chief...
Louisiana Senator Co-Sponsors Bill to Protect Agent Health Commissions
Feb 6 2012 // Two U.S. senators have filed a bill to clarify that agent compensation should be excluded from the federal health reform Medical Loss Ratio (MLR) requirement for the individual and small group markets. Sen. Mary L....
Declarations
Feb 6 2012 // No More Funds-Holding “I have received numerous constituent complaints regarding a mortgage company holding onto funds for weeks while homeowners face emergency repairs that must be made quickly.” —Oklahoma...
$92.7M Louisiana Citizens Judgment Stands
Feb 6 2012 // The Louisiana Supreme Court won’t reconsider a $92.7 million judgment against Louisiana Citizens Property Insurance Corp. for handling claims too slowly after Hurricanes Katrina and Rita in 2005. Citizens will ask...
No Decision Made on Louisiana Citizens Judgment Appeal
Feb 3 2012 // Commissioner Jim Donelon says a decision won’t be made until next week on whether the state’s property insurer of last resort will pursue a U.S. Supreme Court appeal of a $93 million judgment against the...
U.S. Supreme Court Refuses to Stop Louisiana Citizens Judgment
Feb 2 2012 // 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...
Judge Frees $100M in Louisiana Citizens’ Claims Dispute
Feb 1 2012 // The governing board of Louisiana’s property insurer of last resort held a special meeting on Jan. 31 to discuss how to deal with a judge’s order that lifted a freeze on more than $100 million at issue in a...
Louisiana State Police Bust Staged Crash Ring
Jan 27 2012 // Louisiana State Police have arrested four people for allegedly staging traffic accidents in Ouachita Parish. Detectives tell The News-Star they looked into six of 20 crashes where individuals filed false bodily injury...
Allstate Wants a Rate Increase in Louisiana
Jan 25 2012 // Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. According to the state insurance department, Northbrook, Ill.-based Allstate wants an...
Louisiana High Court Refuses to Overturn $92.7M Citizens Ruling
Jan 23 2012 // The Louisiana Supreme Court says it won’t reconsider a $92.7 million judgment against Louisiana’s state-backed insurer of last resort for handling claims too slowly after Hurricanes Katrina and Rita in...
Texas Ranks Low in Study of Statewide Building Codes
Jan 23 2012 // Neighboring Louisiana Fares Better That Texas was ranked among the bottom three states in a recently released analysis of residential building codes in the 18 hurricane-prone coastal states does not sit well with the...
Texas Ranks Low in Study of Building Codes; Louisiana Fares Better
Jan 20 2012 // That Texas ranked among the bottom three states in a recently released analysis of residential building codes in the 18 hurricane-prone coastal states does not sit well with the state’s insurance regulators. In the...
Report: Louisiana Homeowners Insurance Rates Rising More Slowly
Jan 16 2012 // Homeowners insurance premiums in Louisiana remain among the nation’s highest, but are rising much more slowly than they did in the first two years after Hurricane Katrina, new data from by the National Association of...
Bollinger to Head Louisiana Workers’ Compensation Corp. Board
Jan 16 2012 // The board of directors of Louisiana Workers’ Compensation Corporation (LWCC) has elected its officers for 2012. They are: Donald T. “Boysie” Bollinger, chairman; Murphy J. “Mike” Foster, Jr.,...
More Louisiana Property Owners Move to Private Insurers
Jan 9 2012 // Fresh data shows Louisiana’s insurer of last resort keeps churning away on getting private insurers to pick up policyholders, a problem largely stemming from the 2005 hurricanes. For policyholders of Louisiana...
Louisiana Citizens Owes More than $100M to Policyholders, High Court Says
Jan 9 2012 // Louisiana’s highest court has reinstated a nearly $100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005. The Louisiana...
