Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
P/C Insurers Apply Lessons from Hurricane Katrina
Jun 2 2009 // The property/casualty insurance industry is employing advancements in catastrophe modeling and considering the impact of the creation of a national catastrophe fund as it applies lessons learned from Hurricane...
Americas Insurance to Write New Homeowners Policies in Louisiana
Jun 1 2009 // Americas Insurance Co., which previously took on nearly 1,000 homeowner policies that had been covered by Louisiana Citizens Property Insurance Corp., has said it expects to underwrite new policies in most Louisiana...
La. House Considers Hand-Held Cell Phone Ban
May 29 2009 // Louisiana House members are set to debate a proposed ban on the use of hand-held cell phones by motorists. Rep. Austin Badon, a New Orleans Democrat, is sponsor of the bill that would make it illegal to talk on a hand-held...
Americas Insurance to Underwrite New Policies in Louisiana
May 20 2009 // Americas Insurance Co., which took on nearly 1,000 homeowner policies that had been covered by Louisiana’s insurer of last resort, said it is entering the voluntary homeowners’ market. The company said it...
Louisiana Auditor, Citizens Property Insurance Disagree on Rates
May 20 2009 // Louisiana’s state-backed property insurance firm is at odds with the Office of the Legislative Auditor over the rate setting process. The auditor’s office released a report saying the Louisiana Citizen’s...
Bill Banning ‘Step-Down’ Clauses in Auto Policies Advances in Louisiana
May 13 2009 // Louisiana House Bill 208, which would force insurers to provide the maximum policy limits for automobile liability insurance coverage to anyone driving the insured’s vehicle, has been approved by the House Committee...
Louisiana, Alabama, Alaska, Mississippi, Nevada Rank Highest in Gun Death Rates
May 8 2009 // States with higher gun ownership rates and weak gun laws have the highest rates of gun death according to analysis by the Violence Policy Center of just-revealed 2006 national data (the most recent available) from the...
Louisiana House Panel OKs Fee Increase on Homeowners Policy
May 8 2009 // A Louisiana House committee has challenged Gov. Bobby Jindal’s anti-tax stance, approving what amounts to a tax hike on Louisiana homeowners: a proposal to increase an existing fee added to insurance bills. The fee...
Named Storm Deductible Bill Passes Louisiana House
May 7 2009 // Two bills of interest to the insurance industry are making their way through the Louisiana legislative session, which convened April 27. House Bill 333, by Rep. Kleckley, which places limitations on named-storm, hurricane,...
Report Warns of Gaps in Louisiana Emergency Plans, Officials Skeptical
May 7 2009 // Hurricane season is just weeks away, but many south Louisiana parishes cannot show their disaster plans cover evacuation of at-risk populations such as the disabled, the homeless and the elderly, according to the Disaster...
Louisiana Insurance Agent Accused of Pocketing Premiums
May 7 2009 // A Houma, La., area insurance agent has been served with a cease and desist order, notice of license revocation and $5,000 fine for alleged misappropriation of premiums, the Louisiana Department of Insurance announced. Al...
La. Bond Broker’s ‘Straw Man’ Gets Probation
May 1 2009 // A California man described by prosecutors as a “straw man” for a convicted felon’s illegal insurance business in Louisiana has been sentenced to three years of probation. U.S. District Judge Carl Barbier...
La. House Panel OKs Homeowners Insurance Deductible Restriction
Apr 30 2009 // Insurance companies should be restricted in their use of so-called “named storm” deductibles in Louisiana, even though the change will probably trigger a rate increase for homeowners, a House committee voted on...
Gulf States Prepare Together for Hurricane Season
Apr 29 2009 // Officials from three states of the Gulf Coast are meeting this week to discuss preparations for hurricane season. The 2009 Gulf States Hurricane Conference is being held Wednesday through Friday at the Coast Coliseum and...
Louisiana Lawmakers OK $133M in Stimulus Spending
Apr 28 2009 // Four more highway projects, including the widening of Interstate 10 in Baton Rouge, will be funded with Louisiana’s share of the federal stimulus package after receiving quick approval Monday from lawmakers. The $133...
Louisiana Legislative Session Begins; More than 1,100 Bills Pre-filed
Apr 27 2009 // David Tatman of the Tatman Group and lobbyist for the Louisiana Surplus Lines Association, has outlined some of the legislation that group will be following during Louisiana’s legislative session, which opens...
Louisiana Agent Told to Stop Doing Business in State
Apr 24 2009 // A Crowley, La.-area agent was served by Louisiana Department of Insurance Fraud Section Investigators with a cease and desist order, notice of license revocation and a $10,000 fine notice for alleged misappropriation,...
Medical Liability Claims-Made Policies
Apr 20 2009 // Challenges to the Notice Requirement Medical malpractice liability insurance policies, like most professional liability insurance policies, are typically “claims-made” policies. While there are variations,...
Insurance Case Leads to $8K Ethics Fine for Former Louisiana Senator
Apr 10 2009 // The Louisiana Board of Ethics is seeking an $8,000 civil penalty against former state Sen. Derrick Shepherd for failing to disclose his legal work for convicted bond broker Gwendolyn Moyo in her dealings with the Louisiana...
Home-Elevation Grants Increased to $100,000 in Louisiana
Apr 9 2009 // Louisiana officials say they will let applicants for a federal home-elevation grant program collect as much as $100,000 for raising their houses above base flood levels, rather than the $30,000 cap the state originally...
