Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Med Liability Insurer to Return 20% Dividend to Policyholders
Dec 30 2008 // Louisiana Medical Mutual Insurance Company reported it will return a 20 percent dividend to all LAMMICO policyholders in Louisiana and Arkansas. Nearly 6,000 policyholders will be affected; the dividend amount is based on...
Brown & Brown Acquires Louisiana’s Insurance 1 Inc.
Dec 22 2008 // Brown & Brown Inc. announced it is acquiring Alexandria, La.-based Insurance 1 Inc. With annualized revenues of approximately $800,000, Insurance 1 focuses on property and casualty, as well as health and life...
Katrina Recovery Program: New Push to Help Small Landlords
Dec 19 2008 // An $849 million Hurricane Katrina recovery program hobbled by red tape and the national credit crunch will seek to issue rebuilding money directly to small landlords without the involvement of banks, officials said Dec....
Brown & Brown Acquires Louisiana Agency
Dec 18 2008 // Florida-based Brown & Brown Inc. announced it has acquired Alexander & Bolton Inc., of Alexandria, La. Alexander & Bolton, founded in 1890, is one of Louisiana’s longest operating insurance agencies....
Judge Orders Lawyer in Louisiana Citizens Insurance Case Jailed
Dec 17 2008 // A lawyer was led out of a New Orleans court in handcuffs Dec. 15 after an altercation with another attorney on the rival side of a hurricane insurance case. A state judge in New Orleans held attorney J. Robert Ates in...
Hallmark Financial Services E&S Carrier Expands Into Texas, Louisiana
Dec 16 2008 // Hallmark Financial Services Inc. (Hallmark), based in Fort Worth, Texas, reported its subsidiary TGA Insurance Managers Inc. (TGA) will start issuing excess and surplus lines policies through its affiliate Hallmark...
Construction Worker’s Widow Sues Over Louisiana Bridge Accident
Dec 15 2008 // The widow of a construction foreman who died in October after he and nine other workers fell from the bridge they were building filed a lawsuit against the state of Louisiana and two companies involved in the project. The...
Louisiana Parish Official: Red-light Cameras Help Prevent Crashes
Dec 12 2008 // Officials say ticket-generating cameras that photograph drivers cruising through red lights have helped make Jefferson Parish, La., roads safer in the past year. Parish council Chairman John Young says the steady decline...
Post-Hurricane Planning Efforts Falter in Louisiana
Dec 9 2008 // Hurricane Katrina’s devastation sparked a sweeping planning survey in Louisiana that called for improved transit operations, stronger land-use policies and coordinated state work to make it all happen. The 2007...
Ex-Louisiana Citizens Chief Charged With Theft, Fraud
Dec 8 2008 // The former chief of Louisiana’s state-backed insurance company was booked on 14 counts of theft and released from custody on bond, as he prepares to fight allegations that he fraudulently spent about $30,000 of the...
Louisiana Regulators Take Auto Theft Awareness to Public Schools
Dec 4 2008 // The Department of Insurance Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) has been conducting presentations at middle schools in Bossier City, Benton and Plain Dealing on Auto Theft...
Agents Speak Out on ‘Putting Back the Pieces’ after Brooke
Dec 4 2008 // “Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/owner of RKC Financial in the Dallas/Fort Worth Texas,...
Bright Spots and Challenges Go Hand in Hand in Louisiana
Dec 3 2008 // Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana...
Louisiana Revises Online Auto, Homeowners Comparison Rate Guides
Dec 2 2008 // Louisiana Commissioner of Insurance Jim Donelon announced revised online auto and homeowners rate comparison guides are now available for viewing on the Department of Insurance Web site at www.ldi.state.la.us. “The...
Storm Planners Reflect on Strategies for Busy Hurricane Season
Dec 1 2008 // In New Orleans, a dire warning to flee emptied the city before Hurricane Gustav in early September. In Houston less than two weeks later, a plea to say in place might have kept evacuation routes from clogging before...
Agents Speak Out on ‘Putting Back the Pieces’ After Brooke
Nov 30 2008 // Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and...
Agents ‘Putting Back the Pieces’ After Brooke
Nov 30 2008 // Brooke Group Declares Bankruptcy, Faces More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” says Roger Cunningham, former Brooke franchisee and agent/owner of RKC...
Study: Barges Source of Volatile Organic Compounds in Miss. River
Nov 25 2008 // Preliminary results of a new study by a Louisiana state agency show Mississippi River barges could be a major source of ozone-causing volatile organic compounds. The Louisiana Department of Environmental Quality recently...
Successive Hurricanes: Potential Windfall for Insureds?
Nov 24 2008 // The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana...
State Auditor Disputes 2006 Rate Cuts for Louisiana Citizens
Nov 20 2008 // A state audit says the Louisiana Department of Insurance may have broken the law in 2006 by cutting rates for the state’s insurer of last resort to levels competitive with private insurance companies. Legislative...
