Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Agent Group Installs New President, President-Elect
Sep 21 2009 // J. David Daniel was inaugurated as the chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the recent Big “I” Leadership Conference in New Orleans, La. He will...
Louisiana Levee Rating Drop Would Trigger Flood Insurance Requirement
Sep 18 2009 // Northeast Louisiana officials are worried that federal authorities may “de-certify” the Ouachita River levee system. That could mean that virtually all Monroe property owners would be required to buy federal...
It Was No Katrina But Some in Coastal America Remember Ivan’s Terror
Sep 17 2009 // People who lived through Hurricane Ivan can’t forget the haunting images left by one of the strongest storms ever recorded: condo towers collapsed in roiling surf, splintered homes or flat slabs, fragments of...
Monroe Employer Arrested in Louisiana Workers’ Comp Crackdown
Sep 15 2009 // The Louisiana Workforce Commission (LWC) announced a third arrest this month as part of the the agency’s statewide crackdown on employers who are alleged to have committed workers’ compensation fraud. Agents...
Affirmative Insurance Holdings Moving Offices to Louisiana
Sep 15 2009 // Affirmative Insurance Holding Inc. has announced it is consolidating its corporate operations center from Chicago to Baton Rouge, La. Louisiana Gov. Bobby Bobby Jindal, Affirmative Insurance Holdings Inc.’s Chief...
Louisiana Citizens Board OKs Proposed Rate Hike For 2010
Sep 14 2009 // Policyholders of Louisiana’s state-backed property insurance company will see an average statewide rate increase of about 10 percent next year, under a proposal preliminarily approved by the firm’s board on...
Alleged $1.2M in Workers’ Comp Fraud Leads to Arrest in Louisiana
Sep 11 2009 // The Louisiana Workforce Commission (LWC) and the state’s attorney general reported the arrest of a Louisiana couple for alleged workers’ compensation premium fraud. Mauro and Keren Aguirre, owners of Escapade...
Louisiana Agent Accused of Pocketing Insurance Premiums
Sep 10 2009 // A Thibodaux, La., insurance agent and his agency have been issued a cease and desist order, summary suspension of licenses and fine notice for 12 counts of alleged misappropriation of premiums, the Louisiana Department of...
Trial Date Set for ex-Louisiana Citizens CEO Lisotta
Sep 9 2009 // A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana’s insurance company of last resort. Terry Lisotta, former CEO of Louisiana Citizens...
Citizens to Pay Class Action Attorneys, Rather than Post Appeal Bond
Sep 7 2009 // Louisiana Citizens Property Corporation avoided what Commissioner of Insurance Jim Donelon had called a potential disaster when it negotiated an agreement to pay a group of attorneys in a class action lawsuit $6 million in...
People
Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....
Business Moves
Sep 7 2009 // Grain Dealers/Main Street Grain Dealers Mutual Insurance Co., an Indiana-domiciled regional property/casualty insurance company, will become an affiliate of Florida-based Main Street America if approved by the Indiana...
Louisiana Commissioner: Don’t Raise Taxes on Reinsurers
Sep 3 2009 // Now that the hurricane season is well underway, Louisianans remember when Katrina came ashore, late in August 2005, with a storm surge that eventually flooded New Orleans and leveled many Gulf Coast towns, costing more...
Louisiana Insurance Chief Seeks Lawsuit Protection for Citizens
Sep 2 2009 // Louisiana Insurance Commissioner Jim Donelon says that he’ll support legislation to give the state’s “insurer of last resort” immunity against certain lawsuits, a proposal that could retroactively...
Louisiana Insurance Bait Car Nabs New Orleans Murder Suspect
Aug 27 2009 // Louisiana Commissioner of Insurance Jim Donelon says two men wanted in connection with a murder in New Orleans were captured after stealing a bait vehicle provided by the Department of Insurance Louisiana Automobile Theft...
Louisiana State Auditor: Insurance Department Owes $692K in Dispute
Aug 26 2009 // The Louisiana Department of Insurance owes $692,000 for legal fees and other costs in a dispute with the Office of the Legislative Auditor over access to internal documents. Insurance Commissioner Jim Donelon sued the...
Louisiana Citizens Set to Appeal $95M Judgment; No Assessment Needed
Aug 24 2009 // The Louisiana Citizens Property Insurance Corporation will file an appeal today of a $95 million award in a class action lawsuit that accused the state-backed property insurer of last resort of taking too long to pay...
Specialty Risk Associates Is Expanding Management Team
Aug 20 2009 // Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team that will become effective Sept. 1. Thomas Garland was named chief operating officer. Garland joined...
California Insurance Firms Help LA Firemen Stay Fit
Aug 20 2009 // Policemen may have the donut problem. But it is firefighters who get all the love these days, as evidenced by the $24,378 gift from Worldwide Facilities, Inc., and Fireman’s Fund Insurance Co. to the Los Angeles Fire...
Foremost’s Distinct ChoiceAuto Program Available in Louisiana
Aug 19 2009 // Foremost Insurance Group has rolled out its new DistinctChoice Auto program in Louisiana. The auto program features increased limits, deductible options and the important coverages that drivers want. The new DistinctChoice...
