Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Asks for Reconsideration of Medical Loss Ratio Waiver Denial
Dec 16 2011 // Louisiana Insurance Commissioner Jim Donelon is requesting the U.S. Department of Health and Human Services (HHS) to reconsider its denial of the medical loss ratio (MLR) waiver that the state requested earlier this...
LA Area Freeway Fire Strands Thousands Of Cars
Dec 15 2011 // Thousands of motorists were stuck on a 10-mile stretch of freeway near Los Angeles after a big-rig tanker truck burst into flames Wednesday. No one was injured. California Highway Patrol officers backed traffic up and...
Insurer of High-Value Homes Expands to Louisiana
Dec 13 2011 // Privilege Underwriters Reciprocal Exchange (PURE), which offers customized property and casualty insurance coverage to owners of well-built, high-value homes, announced it is expanding into Louisiana. PURE serves more than...
State Farm Gets 7.8% Homeowners Rate Hike in Louisiana
Dec 9 2011 // Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into...
Louisiana Insurance Fraud Fugitive Held
Dec 6 2011 // A former Baton Rouge, La., man who once faked his death to elude authorities must remain in custody until more hearings in his case. The Advocate reports that Milton Windsor Harris appeared before U.S. Magistrate Christine...
Louisiana Commissioner Urges Policyholders to Claim Citizens Rebate
Dec 5 2011 // Louisiana Insurance Commissioner Jim Donelon and Department of Revenue Deputy Assistant Secretary Gary Matherne are urging those who have had a property and casualty insurance policy on their property during the last four...
Flood Insurance Rate Falls for Some in Louisiana
Dec 5 2011 // Some residents and business owners in the city of Lafayette, La., and unincorporated parts of the parish will soon be paying 10 percent less for flood insurance. The Federal Emergency Management Agency said the savings...
Judge: Transocean Insurance not Available to BP for Oil Spill
Dec 5 2011 // States May Pursue Punitive Damages Against BP and Others. BP has lost two big rulings in its fight to shield itself from potentially having to pay billions of dollars more in damages related to the worst offshore oil spill...
Louisiana Citizens Sheds More Policies
Dec 5 2011 // Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon...
Declarations
Dec 5 2011 // A Rebounding Market “This reduction in market share of Citizens is a great indicator that the homeowners insurance market as well as the commercial property insurance market in Louisiana is rebounding from the severe...
Louisiana Workers’ Comp Corp. Offers Tips for Hiring Seasonal Workers
Nov 30 2011 // Short-term hiring during the holiday season is a boon to both employers and employees, but businesses should take care to ensure the safety of temporary workers. Richard Perkins, safety and loss prevention outreach...
Doctors Continue to Work While Under Investigation in Louisiana
Nov 22 2011 // Four Louisiana physicians wrote hundreds of bogus prescriptions that powered multimillion-dollar health-care frauds in the Baton Rouge area, according to evidence amassed by the nearly two-year-old local Medicare Fraud...
Deadline at Hand in $750M Rice Settlement
Nov 21 2011 // Rice growers who lost sales after genetically modified rice seed mistakenly entered the U.S. market five years ago have until today to sign on to a $750 million settlement proposed by the company blamed for the...
Kipper’s Back as Nevada Insurance Commissioner
Nov 21 2011 // The second-time commissioner has captives on his mind at the center of a plan to make Nevada more business, and insurance, friendly. Scott Kipper has returned to his role as Nevada’s insurance commissioner, and now...
People
Nov 21 2011 // St. Petersburg, Fla.-based LIG Marine Managers announced that Richard C. Zolty has joined LIG as senior ccnsultant and longshore insurance development director. Zolty has 40 years of underwriting experience in workers...
People
Nov 21 2011 // Dallas-based LevelFirst has named Toni Campbell director of Marketing. Campbell will oversee all marketing efforts for the newly formed wholesale property and casualty insurance broker and MGA. LevelFirst also introduced...
Louisiana Citizens Drops Nearly 11K Policies in 5th Round of Depopulation
Nov 17 2011 // Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon...
BP Told It Can’t Use Transocean Insurance for Gulf Spill
Nov 16 2011 // A federal judge rejected BP Plc’s bid to use insurance coverage from Transocean Ltd to cover costs stemming from last year’s record oil spill in the Gulf of Mexico. Tuesday’s decision by U.S. District...
Judge Allows Alabama, Louisiana to Seek Punitive Damages in Oil Spill
Nov 14 2011 // A federal judge Monday said Alabama and Louisiana may seek punitive damages from companies including BP Plc for damages arising from last year’s Deepwater Horizon oil spill in the Gulf of Mexico. The decision by U.S....
Lighthouse Acquires HomeWise Louisiana Policies
Nov 14 2011 // Lighthouse Property Insurance Corp. (Lighthouse), a Louisiana domestic insurance company has acquired the Louisiana homeowners policies of HomeWise Insurance Co., a Florida-based insurer. The terms of the agreement include...
