Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Files Suit Against Surety Bond Insurer with Texas Ties
Jan 10 2010 // The Louisiana Department of Insurance filed a lawsuit in late December 2009 against Infinity Surety of Louisiana Inc., Infinity Surety Agency LLC and George D. Black (collectively, Infinity Surety) alleging the firm has...
Panel Restores Louisiana Agent’s License; Says No Evidence for Suspension
Jan 8 2010 // A Shreveport, La.-area insurance agent’s license was reinstated after an administrative law panel found no evidence that it should have been suspended by the Louisiana Department of Insurance. The department...
Louisiana Workers’ Comp Insurer Says Claims Fell 4% in 2009
Jan 8 2010 // Baton Rouge, La.-based LUBA Workers’ Comp policyholders’ claims fell more than 4 percent in 2009 compared with 2008. The company said several of the top categories of accidents dropped as well. Slips, trips and...
Chinese Drywall Lawsuit Filed in Louisiana but Most Claims Are in Florida
Jan 7 2010 // On Jan. 6, the WCI Chinese Drywall Trust, an entity formed in bankruptcy proceedings of residential homebuilder WCI Communities Inc., announced it had filed suit against 14 insurance companies seeking indemnification for...
Louisiana Medical Mutual Declares 10% Dividend to All Policyholders
Jan 7 2010 // For the third consecutive year, the Louisiana Medical Mutual Insurance Company will be returning a dividend to all LAMMICO policyholders in Louisiana and Arkansas. Nearly 6,000 policyholders will receive a 10 percent...
New Orleans Metro Area Ties for Lowest Unemployment Rate
Jan 7 2010 // The New Orleans metro area tied for the lowest unemployment rate among the nation’s largest metropolitan areas, according to a report released by the federal Bureau of Labor Statistics. The Louisiana Workforce...
Louisiana Homeowners Insurance Pricey; Texas, Florida More Expensive
Jan 5 2010 // Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium...
Car Insurance Premiums to Rise for Many Louisiana Drivers
Dec 31 2009 // A law that goes into effect Jan. 1, 2010, increasing the required minimum liability auto insurance coverage is expected to increase insurance rates for more than 1 million Louisiana motorists. Though the change was...
Louisiana Secretary of State Named Chief Deputy Insurance Commissioner
Dec 30 2009 // Louisiana Commissioner of Insurance Jim Donelon has named Secretary of State Al Ater to serve as chief deputy commissioner of insurance, effective Jan. 11, 2010. Ater was chief deputy commissioner of insurance from July...
La. Firm Accused of Selling Bogus Bonds
Dec 28 2009 // Louisiana insurance regulators are suing a company accused of selling worthless construction bonds for bids on hundreds of millions of dollars in government projects, Insurance Commissioner Jim Donelon said last...
Report Recommends Phasing Out Louisiana’s State Insurer Citizens
Dec 23 2009 // Among the many recommendations made by Louisiana’s Commission on Streamlining Government in its Dec. 14 report to the state legislature is one that would phase out the state’s property insurer of last...
Parish Officer in Louisiana Placed on Paid Leave Due to Insurance Ties
Dec 18 2009 // Jefferson Parish, Louisiana, President Aaron Broussard has placed his embattled top aide, Tim Whitmer, on paid leave. Broussard told The Times-Picayune he placed Whitmer on leave pending an investigation into newly...
Louisiana Workers’ Compensation Corporation Declares $15M Dividend
Dec 17 2009 // The Board of Directors of Louisiana Workers’ Compensation Corporation (LWCC) has declared a 2009 dividend of $15 million, to be paid to qualifying policyholders in early 2010 upon authorization by the Louisiana...
Louisiana Regulators Crack Down on Agents Ruston and Shreveport
Dec 16 2009 // Insurance agents in Shreveport and Ruston, La., have been cited by the Louisiana Department of Insurance for allegedly participating in fraudulent or illegal activities. Carlos Vandarryl Boston of Shreveport has been fined...
Louisiana Agency Employee Fined Again for Operating Without a License
Dec 10 2009 // Michelle Danielle Coco, an employee of Quality Insurance Agency LLC, in Marksville, La., has been fined once again by Louisiana Department of Insurance Fraud Section Investigators for allegedly accepting commissions while...
Louisiana Agent Accused of Pocketing Premiums, Forgery
Dec 10 2009 // A St. Bernard Parish, La., agent has been arrested by the Louisiana State Police Insurance Fraud/Auto Theft Unit and served by Department of Insurance Fraud Section Investigators with a cease and desist order, summary...
Louisiana Homeowners With Drywall Problems Asked to Report Them
Dec 9 2009 // The Louisiana Recovery Authority is urging homeowners who suspect they might have contaminated Chinese drywall in their homes to report the problems to the state. A federal consumer product safety commission is asking each...
Rathbun Named Medical Director at Louisiana Workers’ Comp. Corp.
Dec 8 2009 // Katharine C. Rathbun, MD, MPH, is now serving as medical director for Louisiana Workers’ Compensation Corporation, the company announced. Dr. Rathbun will be responsible for providing medical support for programs...
Louisiana Lawmakers, Regulators Responding to Chinese Drywall Issues
Dec 6 2009 // The controversy over drywall from China is heating up in Washington and in the Southeastern states most affected by the use of the product following the 2004 and 2005 hurricane seasons, including Louisiana. In a letter to...
Louisiana Non-Resident Producer Licensing Goes Fully Electronic Jan. 1
Dec 4 2009 // The Louisiana Department of Insurance is reminding insurers and agents that all non-resident licensing and license renewal requests must be submitted electronically beginning Jan. 1, 2010. The LDOI says the changes are due...
