Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Mohr Named President of La. Independent Agents Association
Aug 13 2007 // The Independent Insurance Agents and Brokers of Louisiana announced that Jeffrey M. Mohr, of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, recently was named president of the organization. Mohr previously...
La. Posts New Online Personal Lines Rate Comparison Guides
Aug 10 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that new 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...
La. Independent Agents Group CEO Lauds Flood Limitation Rulings
Aug 8 2007 // The CEO of a major insurance agent trade group in Louisiana says two recent federal appeals court decisions affirming flood limitations in property policies will enhance the state’s recovery from Hurricane...
Katrina at Two Years: $40.6 Billion Paid on 1.7 Million Insurance Claims
Aug 7 2007 // Two years later, the “overwhelming majority of claims” in Gulf Coast states from Hurricane Katrina have been settled in what has been the single largest loss — $40.6 billion — in the history of the...
La. Citizens’ Bonds Upgraded
Aug 6 2007 // Standard & Poor’s Ratings Services has removed Louisiana Citizens Property Insurance Corp. bonds from its CreditWatch negative list and upgraded the bonds’ outlook to stable. “Probably the most...
It Figures
Aug 6 2007 // 500 The number of current and former residents of a West Dallas, Texas, neighborhood who showed up for an asbestos screening in July. The neighborhood was also home to a vermiculite plant. Parkland Memorial Hospital was...
Blanco, Donelon and business coalition deliver market reform laws
Aug 6 2007 // The 2007 legislative session in Louisiana resulted in three major pieces of legislation recently signed into law which will improve the ability of insurers to rate and underwrite homeowners insurance on a more competitive...
La.’s minimum auto coverage stays the same; Citizens won’t be sold all at once
Aug 6 2007 // In mid-July, Louisiana Gov. Kathleen Blanco vetoed two major pieces of insurance legislation passed by state lawmakers in 2007. One would have raised the minimum auto liability coverage requirement for the state’s...
Construction, Insurance Costs Eating Into Rental Repair Aid in La.
Aug 1 2007 // Rental housing programs for storm-damaged south Louisiana won’t rebuild as many rental units as state officials had hoped because of skyrocketing construction and insurance costs, a Louisiana Recovery Authority...
FEMA: La. Sees Drop in New Flood Policies
Jul 31 2007 // A large number of people who bought flood insurance after the devastating 2005 hurricane season have not renewed their policies, according to Federal Emergency Management Agency figures. About 100,000 new flood insurance...
La. Couple Admits Staging Car Crashes
Jul 30 2007 // A New Orleans man and woman have admitted that, from 1997 through 2004, they collected at least $51,000 in insurance on fender-benders they caused on purpose. Elton Calloway, 36, and Rosalyn Bradley, 28, were ordered to...
La. Tax Agency Issues New Insurance Tax Credit Form
Jul 27 2007 // Louisiana taxpayers due a credit because of insurance assessments can use a new form to get the money, rather than waiting until the 2008 tax season, the state Department of Revenue said. The credit is available to nearly...
Judge: La. Road Home Suit Should Name State as Well as Contractor
Jul 26 2007 // Sue the state as well as its contractor for Louisiana’s troubled Road Home problem, a federal judge in Baton Rouge, La., told the attorney who filed a class-action lawsuit alleging the contractor is cheating...
La. Officials Report Requests for Insurance Tax Credit Lagging
Jul 24 2007 // More than a million Louisiana homeowners apparently have overlooked a large tax refund due to them as state reimbursement on their insurance premiums following Hurricane Katrina, state officials say. The claim is available...
La. Gov. Vetoes Bill to Sell All State-Backed Insurer Policies
Jul 23 2007 // Louisiana Gov. Kathleen Blanco on July 20 vetoed legislation to sell off all policies covered by the state “insurer of last resort,” a bill that conflicted with her own plan to reduce the size of the firm. The...
After Formaldehyde Complaints, FEMA to Test Air Quality in Trailers
Jul 23 2007 // Federal agencies will test air quality in trailers housing Gulf Coast hurricane victims, an official said July 20, a day after documents revealed that government lawyers discouraged investigating reports of high...
The tale of two states
Jul 23 2007 // For years the insurance industry has fought desperately to reduce or eliminate burdensome governmental regulation, insisting that competitive market forces will adequately regulate the industry. Deregulation has dominated...
Package of insurance measures passes La. legislature
Jul 23 2007 // Louisiana’s Legislature in June approved a package of insurance bills promoted by Louisiana Gov. Kathleen Babineaux Blanco and Insurance Commissioner Jim Donelon. Among the bills passed were one that provides for...
The tale of two states
Jul 23 2007 // For years the insurance industry has fought desperately to reduce or eliminate burdensome governmental regulation, insisting that competitive market forces will adequately regulate the industry. Deregulation has dominated...
La.’s Gov. Blanco Vetoes Minimum Auto Insurance Legislation
Jul 20 2007 // Louisiana Gov. Kathleen Blanco has vetoed legislation that could have increased auto insurance costs for over 1 million Louisiana motorists, her office said. The Legislature in June 2007 approved the bill by Sen. Mike...
