Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Weather blows through top stories of 2007
Dec 23 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
La. Insurance Regulatory Panel Approves Rate Hikes at Final Meeting
Dec 21 2007 // At its final meeting on Dec. 19, the Louisiana Insurance Rating Commission – which will officially be abolished next month – approved homeowners rate increases for two insurance carriers. The Legislature...
New La. AG not Ready to Comment on Insurer Lawsuit
Dec 19 2007 // Louisiana Attorney General-elect Buddy Caldwell said he wants his office free of politics and speedier on issuing guidance on legal matters when he takes office in January 2008. Caldwell, who moves into the job Jan. 14,...
Insurance Fraud Charges Dropped Against Former La. Cop
Dec 17 2007 // Charges against a former Shreveport, La., police officer were dropped in Caddo District Court and his wife pleaded guilty to a lesser offense, the prosecutor and the couple’s attorney said. Ronald Small, who resigned...
La. and Fla. Governors to Work Jointly on Insurance, Other Issues
Dec 14 2007 // Florida Gov. Charlie Crist and Gov.-elect Bobby Jindal met in Baton Rouge, La., on Dec. 12 as new allies on issues like insurance, ethics, the environment and alternative energy. Crist, who has made insurance and...
La. Workers’ Comp Insurer Promotes Jorgensen
Dec 12 2007 // Louisiana Workers’ Compensation Corporation (LWCC) has promoted Geoff Jorgensen to business unit manager for the company’s small accounts production team. In this position, Jorgensen will be responsible for...
Grimstad to Lead La. Medical Liability Insurer as President, CEO
Dec 11 2007 // The Louisiana Medical Mutual Insurance Company (LAMMICO) Board of Directors elected Thomas H. Grimstad, M.D., as its new president and chief executive officer. Dr. Grimstad will succeed John E. Lemoine, M.D., effective...
Former La. State Agency Employee Pleads Guilty to Insurance Fraud
Dec 11 2007 // A former assistant manager of the New Iberia field office of the Louisiana Department of Motor Vehicles pled guilty to allegations of federal disaster relief fraud, according to the Louisiana State Police Insurance Fraud...
Police: Jailed La. Couple Had Home Torched to Get Bail Money
Dec 10 2007 // A Monroe, La., couple already jailed on drug charges now face more trouble over an alleged scheme to have someone set fire to their home so they could collect insurance money to make bail. Orrell M. “Red”...
Three Accused of Criminal Activity in La. While Acting as Bail Bond Agents
Dec 6 2007 // Louisiana Department of Insurance Fraud Investigators and Jefferson Parish Sheriff’s Deputies charged three Jefferson Parish men with aggravated burglary, aggravated false imprisonment, impersonating a police...
La. Man Convicted of Insurance Fraud Related to Staged Auto Crashes
Dec 5 2007 // A Ville Platte, La., man recently was convicted on charges of insurance fraud and theft related to alleged staged traffic accidents. On Nov. 29, 2007, a six person jury in the 15th Judicial District Court of Lafayette...
Rate Cut Approved for 55,000 La. Citizens Customers
Nov 28 2007 // Property insurance rates for 55,000 customers of Louisiana Citizens Property Insurance Corp. will be lowered, after a state insurance regulatory panel approved the decreases on Nov. 26. The average rate decrease statewide...
I-10 Businesses Hurt by Lengthy Interstate Closure in La.
Nov 28 2007 // Businesses along Interstate 10 between Lafayette and Baton Rouge, La., say they lost numerous potential customers when a gas well blowout forced detours along a 55-mile stretch. The interstate was closed Nov. 15 and...
4th Circuit Sides with La. Homeowner in Katrina Lawsuit
Nov 21 2007 // An insurance company should have paid for Hurricane Katrina damage to a policyholder’s home because it’s unclear what types of flood damage were excluded from coverage by its homeowner policies, a state appeals...
La. AG Alleges Price-Fixing, Conspiracy
Nov 18 2007 // Outgoing Louisiana Attorney General Charles C. Foti, Jr. has filed suit against property insurers in his state alleging price-fixing and conspiracy to lower claims payments stemming from 2005 Hurricanes Katrina and Rita...
State Farm Wins One, Loses One in Wind vs. Water Cases
Nov 18 2007 // A federal jury in New Orleans in early November sided with a south Louisiana couple who sued State Farm Insurance Cos. over damage to their property from Hurricane Katrina. Around the same time, a U.S. appeals court...
La. DOI Files Petition in Response to Citizens Probe Subpoena
Nov 16 2007 // Attorneys for the Louisiana Department of Insurance filed a Petition for Declaratory Judgment and a Request for Expedited Hearing in response to a subpoena related to an investigation into Louisiana Citizens Property...
La. Insurance Department Subpoenaed in Citizens Fraud Probe
Nov 14 2007 // Louisiana Insurance Commissioner Jim Donelon said his office received a subpoena for e-mails from Louisiana’s taxpayer-backed property insurance company and that his staff was working on its court challenge of the...
Group Urges Buyout Plan for Hurricane-Damaged Homes in New Orleans
Nov 12 2007 // Louisiana’s Road Home program could end up buying about 7,000 hurricane-damaged properties in New Orleans, creating what one faith-based group sees as a golden opportunity for new homeownership in a city that had a...
La. Citizens Seeks New Broker for Reinsurance Coverage
Nov 12 2007 // Louisiana’s taxpayer-backed property insurance company will seek a new broker for reinsurance coverage because its current broker failed to disclose that it hired a daughter of the insurer’s embattled former...
