Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Coast Strongly Influences Louisiana, Texas Property Markets
May 1 2008 // Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the form of tropical storms and hurricanes. The latter greatly influences the rates...
Louisiana Parish President Still Facing Katrina Lawsuits
Apr 30 2008 // On the eve of Hurricane Katrina, massive pumps that keep water out of the New Orleans suburb of Metairie went silent when the roughly 100 workers who run them were allowed to flee under a “doomsday” evacuation...
Louisiana Keeps Pressure on Road Home Contractor
Apr 28 2008 // Even as it met a deadline to avoid a $3.3 million performance penalty, the private company that runs Louisiana’s Road Home program faced a new $1.65 million fine if it did not meet additional benchmarks designed to...
La. Senator Pleads Not Guilty in Illegal Insurance Business Case
Apr 25 2008 // A Louisiana state senator pleaded not guilty to charges of helping a convicted felon launder money to conceal her operation of an illegal insurance business. Sen. Derrick Shepherd, 38, a lawyer from a New Orleans suburb,...
Louisiana Citizens Remains on Rating Watch Negative
Apr 24 2008 // Fitch Ratings said recently that the ‘BBB’ Issuer Default Rating (IDR) of Louisiana Citizens Property Insurance Corporation and the ‘BBB’ underlying ratings on Citizens’ $978.2 million...
Louisiana Senate Approves Bill to Extend Insurance Incentive Program
Apr 24 2008 // The Louisiana Senate has voted to allow the state to continue offering millions in taxpayer dollars to private insurance firms that agree to begin writing homeowners policies along the hurricane-vulnerable coast. Senators...
Corps Plans to Complete South La. Levee System Upgrade in 2011
Apr 22 2008 // The Corps of Engineers told Louisiana Commissioner of Insurance Jim Donelon, staff from the Governor’s Office of Coastal Activities and insurance company representatives that upgrades to the Hurricane Protection...
Recession? In South Central States It Depends On Location
Apr 22 2008 // With some notable exceptions – southern Louisiana for one – the economies of the South Central states seem to be holding steady against the looming prospect of a nationwide recession. Populations are growing in...
Supreme Court Won’t Hear Exxon Appeal of Louisiana Damages Award
Apr 21 2008 // The Supreme Court declined Monday to hear an Exxon Mobil Corp appeal over $112 million in punitive damages awarded for radioactive contamination of a 33-acre tract of industrial property in Harvey, Louisiana. Without...
Coast Has Big Influence on Louisiana and Texas Property Markets
Apr 21 2008 // After two mild catastrophe years, states hope to share better coverage options Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the...
La. State Senator Indicted in Relation to Insurance Fraud Case
Apr 21 2008 // A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New...
Professional Services: Do You Know Them When You See Them?
Apr 21 2008 // The complex medical field with its often personalized treatments can be more difficult to define than other professions “Professional services” can have many different connotations, ranging from racy...
La. Supreme Court: Flood Exclusion in Insurance Policy is Not Ambiguous
Apr 21 2008 // Finding the flood exclusion in an insurance policy sold by Lafayette Insurance Company to a New Orleans policyholder is unambiguous, the Louisiana Supreme Court reversed, in part, a previous ruling by a state appeals court...
Case Watch
Apr 21 2008 // Additional Insured Evanston Insurance Co. v. Atofina Petrochemicals Inc., Texas Feb. 15, 2008. Contract provision requiring that refinery “shall be named as additional insured” sufficient to trigger additional...
La. House Committee Approves Bill Limiting Drivers’ Cell Phone Use
Apr 16 2008 // Cell phone use by drivers would be restricted heavily in Louisiana, if the full Legislature agrees to a bill approved by the House Transportation Committee. The measure would ban the use of text-messaging while driving and...
Louisiana Continued to Add Jobs in 3Q 2007, Report Says
Apr 15 2008 // The number of jobs in Louisiana rose during the third quarter of 2007 by 51,855 over the third quarter of 2006, according to the “Louisiana Employment and Wages – Third Quarter 2007” report released by...
La. State Senator Indicted on Insurance Fraud, Conspiracy Charges
Apr 14 2008 // A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New...
La. AG Drops Predecessor’s Case Against Biotech Company
Apr 10 2008 // Louisiana’s attorney general has withdrawn a multimillion-dollar antitrust lawsuit his predecessor filed on his final day in office against drug-maker Amgen Inc. Former Attorney General Charles Foti hired several...
La. Supreme Court Upholds Flood Exclusion in Insurance Policy
Apr 9 2008 // Stating that the flood exclusion in an insurance policy sold by Lafayette Insurance Company to a New Orleans area policyholder is unambiguous, the Louisiana Supreme Court has reversed, in part, a previous ruling by a state...
Storm Damage Mitigation May Lead to Discounts for La. Homeowners
Apr 8 2008 // Insurance premium discounts are available in 2008 to homeowners in Louisiana who build or retrofit a structure to comply with the requirements of the State Uniform Construction Code, install damage mitigation improvements,...
