Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Agent Charged with Pocketing Fraudulent Commissions
Nov 20 2008 // A Baton Rouge, La., insurance agent has been arrested, issued a cease and desist order, a notice of license revocation and a fine for insurance fraud, theft and forgery. The Louisiana Department of Insurance alleges...
Louisiana Gov.: Data Shows Residents Are Leaving State
Nov 18 2008 // Gov. Bobby Jindal says a recent survey shows residents are leaving Louisiana and it would be a mistake for state officials to blame Hurricane Katrina or any other storm for the migration. The American Community Survey...
La. Citizens OKs $35M Settlement; Pays $90M in Hurricane Claims
Nov 17 2008 // The board of Louisiana’s last-resort insurance company approved paying up to $35 million to settle a class action lawsuit alleging that the firm took too long to pay off policyholders’ claims after the 2005...
Successive Hurricanes: Potential Windfall for Insureds?
Nov 16 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...
Declarations
Nov 16 2008 // No Texting While Driving “When you see accidents that have happened or you hear about near-misses, it is just a step we can take to ensure the safety of our citizens.” —Austin, Texas, City Councilman Mike...
Brooke Corp. Troubles Continue as Stock is Sold
Nov 16 2008 // Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has...
Ex-Louisiana Citizens CEO Targeted in Legislative Audit
Nov 12 2008 // The former chief executive at Louisiana’s last-resort insurance company “extravagantly” overspent the firm’s money, with over $100,000 in questionable expenses including first-class airfare,...
Deadlines Loom in Louisiana for Post-Hurricane FEMA Assistance
Nov 10 2008 // The Louisiana Recovery Authority says even people who have insurance should register with FEMA if they were affected by hurricanes Gustav or Ike – and they need to do it soon. The deadline is Dec. 3 for people...
Advocacy Group Launched to Assist Existing Louisiana Businesses
Nov 7 2008 // The Louisiana Department of Economic Development (LED) is moving forward with the creation of a Business Retention and Expansion (BRE) Group that will focus solely on addressing the challenges and opportunities of...
Louisiana Agents Arrested on Fraud Charges
Nov 6 2008 // Two Ferriday, La., area insurance agents recently were arrested and issued cease and desist orders, summary suspensions and fine notices for violating various provisions of Louisiana’s insurance code. The Louisiana...
Second Suspect Arrested in Louisiana School Fire
Nov 6 2008 // Police have arrested a second suspect in a fire that left a Louisiana high school with an estimated $2 million in damage. A Louisiana State Police spokesman says 30-year-old Steven Warren, of Mount Hermon, was apprehended...
Teen Confesses To Arson in Louisiana Apartment Complex
Nov 4 2008 // A teenager already in custody has been booked with arson in connection with a January fire at the Village Square apartments in Chalmette, La. The sheriff’s office says the teenager, who is now 17 but was 16 at the...
Louisiana School Fire Damage Estimates Near $5 Million
Nov 4 2008 // An overnight fire at the St. Helena Central High School left the building a total loss, Louisiana Fire Marshal Butch Browning said on Nov. 3. “I’d say there are between $4 and $5 million in damages,”...
Brooke Corp. Troubles Continue as Stock is Sold
Nov 2 2008 // Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has...
Bright Spots and Challenges Go Hand in Hand in Louisiana
Nov 2 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...
$115M Settlement in Louisiana Teachers’ Fund Dispute With Former AIG Execs
Nov 2 2008 // The Delaware Chancery Court has given preliminary approval to a $115 million settlement in a shareholder derivative action brought by the Teachers’ Retirement System of Louisiana against four former AIG executives...
Louisiana Saints’ Nesbit Files Lawsuit Against Diet Pill Manufacturer
Oct 30 2008 // New Orleans Saints offensive guard Jamar Nesbit filed suit against the maker of a weight-loss supplement on Oct. 26, alleging it was improperly spiked with a diuretic that is banned by the NFL. The lawsuit against the...
Storms Take Toll on Louisiana Nonfarm Jobs
Oct 29 2008 // Louisiana experienced a loss of 17,500 jobs in the seasonally adjusted number of nonfarm jobs from August to September 2008, the Louisiana Workforce Commission announced recently. However, the September nonfarm job total...
Insurance Checkpoints Continue to be a Priority in Louisiana
Oct 24 2008 // Louisiana State Police reported that due to the high numbers of uninsured drivers identified during recent insurance checkpoints conducted throughout the state, state troopers will continue random checks for insurance...
Jury Convicts Louisiana Woman in Money Laundering Scheme
Oct 23 2008 // A federal jury has convicted a woman of conspiring with a former Louisiana lawmaker to conceal her illegal operation of an insurance business by laundering money. Prosecutors contend Gwendolyn Moyo sold bogus construction...
