Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Jury Favors La. Homeowner in Katrina Damage Suit Against State Farm
Nov 9 2007 // A jury on Nov. 7 sided with a south Louisiana couple in the first federal trial in Louisiana against State Farm Insurance Cos. over Hurricane Katrina damage. An attorney for plaintiffs Michael and Judy Kodrin and a State...
La. AG Sues Insurers, Alleges Price-Fixing and Conspiracy
Nov 9 2007 // Louisiana Attorney General Charles Foti is suing the state’s largest property insurance companies, accusing insurers of conspiring to limit payments to policyholders after hurricanes Katrina and Rita and engaging in...
LA Jurors Award $3.3 Million to Banana Workers in Pesticide Case
Nov 8 2007 // A jury awarded $3.3 million to six workers who claimed they were left sterile by a pesticide used at a banana plantation in Nicaragua operated by Dole Fresh Fruit Co. The workers’ lawsuit accused Dole and Standard...
Six Insurers Apply for $34 Million in La. Incentive Grants
Nov 8 2007 // Six insurance companies, including two newcomers to Louisiana, have applied for $34 million in matching grants from state government, in a program aimed at getting more insurers to write policies along the coast. Insurance...
State Farm Faces First Federal Trial in La. Over Katrina Damage
Nov 7 2007 // A jury in New Orleans heard opening statements on Oct. 5 in the first federal trial in Louisiana against State Farm Insurance Cos. for a policyholder’s lawsuit over Hurricane Katrina damage. The eight-member jury...
Louisiana Medical Mutual Awards Scholarships to Med Students
Nov 7 2007 // Four medical students in Louisiana are recipients of scholarship awards from the Louisiana Medical Mutual Insurance Company (LAMMICO), the company announced. LAMMICO said each fall semester it awards academic scholarships...
La. Gov: ‘Katrina Cottage’ Construction to Begin this Month
Nov 7 2007 // Construction of Louisiana’s first Hurricane Katrina cottages will begin this month at the New Orleans headquarters of the National Guard, nearly a year after the state received federal funds to build them, Gov....
Louisiana Medical Mutual Reports Premium Rate Drop
Nov 6 2007 // All physicians who are insured with Louisiana Medical Mutual Insurance Company (LAMMICO) and practicing medicine in East Baton Rouge Parish will enjoy a 5 percent base rate decrease to their basic limits premium beginning...
La. Dept. of Labor Gets $10.5 Million to Help with Hurricane Recovery
Nov 6 2007 // The Louisiana Department of Labor has received a $10.5 million grant from the U.S. Department of Labor to assist 3,500 citizens in hurricane-affected parishes, the agency reported. LDOL requested the National Emergency...
Lemoine to Step Down as President/CEO of Louisiana Medical Mutual
Nov 5 2007 // Louisiana Medical Mutual Insurance Company announced that John E. Lemoine, M.D., who currently serves as the chairman of the Board, chief executive officer and president of the Louisiana, plans to retire at the end of this...
States under cover
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Ironshore Enters La. E&S Market; Will Cover Property, Cat Risks
Oct 30 2007 // Louisiana insurance regulators have approved Ironshore Insurance Ltd. to provide property and catastrophe insurance in Louisiana on an excess and surplus basis for risks located in the state. The company said it would...
Federal Grand Jury Indicts La. Woman in Construction Bonds Case
Oct 29 2007 // A federal grand jury in New Orleans brought a 15-count indictment against a Louisiana woman who sold construction bonds in several states, including Tennessee, after she was barred from the insurance business. Federal...
People
Oct 27 2007 // Fulwider was inaugurated as the new chair of the Independent Insurance Agents & Brokers of America (the Big “I”), with C. Brett Nilsson, and J. David Daniel assuming the offices of chair-elect and vice...
People
Oct 27 2007 // Kyle Stevens was elected the new president and chief executive officer of Western Security Surplus Insurance Brokers, a wholesale broker and managing general agency with offices in California and Texas. Stevens has served...
LA. SEEKS PROPERTY INSURERS
Oct 27 2007 // LUXURY AND SAFETY Not always the same thing FINDING COMMON GROUND Surplus lines execs debate issues
News Currents
Oct 27 2007 // La.’s $100M incentive program commences Louisiana began taking applications Oct. 2 for a $100 million incentive program designed to get insurers to write more property coverage in the state. The goal of the program...
Off-year election 2007 could provide glimpse into 2008
Oct 27 2007 // This fall is an off-year election season with only a handful of federal races and most state houses gearing up for contests in 2008. However there are some races — a hotly-debated referendum in Washington and key...
La. Agent Fined $14K, Told to Cease Business of Insurance
Oct 25 2007 // An Angie, La., insurance agent was issued a cease and desist order, summary suspension and served with a $14,000 civil fine notice recently for alleged misappropriation, document forgery and filing false public documents,...
PCI Says Re-election of La. Commissioner a Positive Sign
Oct 25 2007 // The re-election of James Donelon as Louisiana insurance commissioner and the election of Republican Congressman Bobby Jindal as governor show that the state’s citizens have decided to continue down a positive path...
