Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
La. Lawmakers Support Overhaul of Citizens Insurance Company
Mar 19 2007 // Two Louisiana lawmakers said they support a plan to overhaul the state-backed insurance company by opening much of its business to bidding among private firms. Sen. James David Cain, chairman of the Senate Insurance...
La. Rating Commission to Meet March 21
Mar 16 2007 // The regular monthly meeting of the Louisiana Insurance Rating Commission will be held on Wednesday, March 21, 2007, at 11 a.m., the Louisiana Department of Insurance announced. The meeting will be held in the Plaza Hearing...
La.’s Road Home Program Hits the Road for Katrina Victims
Mar 16 2007 // Louisiana’s Road Home program, criticized by lawmakers for too slowly disbursing grants for homeowners ousted by hurricanes Katrina and Rita, is hitting the road to reach more applicants. The program, which provides...
Former La. Cop, Wife, Plead Not Guilty to Insurance Fraud
Mar 14 2007 // A former Shreveport, La., police officer and his wife have pleaded not guilty to charges arising from an allegedly altered police report. Ronald Small and his wife, Tracey, entered the plea Mar. 12 in state district court...
Bangs Joins LWCC as Vice President of Agency Relations
Mar 13 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced it has hired William B. Bangs IV as vice president of agency relations. In this position, Bangs will plan, direct and coordinate agency relations with...
Study: High Disability Retirement in LA County Safety Agencies
Mar 12 2007 // Employees of the Los Angeles County sheriff’s and fire departments retire on disability pensions at a nearly 50 percent higher rate than their counterparts in 19 other California counties, according to a report by a...
La.’s Citizens Agrees to Mass Settlement of Hurricane Suits
Mar 12 2007 // Louisiana’s state-run insurer has agreed to a mass settlement with more than 100 policyholders, a deal believed to be the first of its kind in the state since hurricanes Katrina and Rita spawned thousands of...
La. Officials Try to Allay Wall Street Concerns About Insurer
Mar 12 2007 // Louisiana officials tried to ease Wall Street worries on Mar. 8 about the state-run insurer of last resort, whose financial records are in disarray and possibly lost for the last year and a half. State Treasurer John...
Allstate: La. Insurance Chief Overstepped Authority on Policies
Mar 12 2007 // Allstate Insurance is resisting an order from Louisiana’s insurance department to reinstate 4,700 homeowner policies that the company canceled in four parishes hit by Hurricane Katrina. Louisiana Insurance...
La. Isn’t the Only Coastal State With Insurance Troubles
Mar 12 2007 // Eighteen months after the hurricanes, “crisis” is the term everyone uses to describe Louisiana’s insurance problems. The governor spends much of her time begging insurance companies to continue doing...
Business Moves
Mar 12 2007 // Carpenter Moore, USI Southwest Houston-based USI Southwest and Car-penter Moore, a subsidiary of The Nasdaq Stock Market Inc., are partnering to provide executive liability services to public companies in Texas, Louisiana...
10 La. regulators question Allstate cancellations
Mar 12 2007 // Insurance department tells company to reinstate policies 11 Former Okla. commissioner arrested, jailed Fisher broke terms of appeal bond, AG says N1 Industry gears up for more federal terrorism insurance debates Advocates...
News Currents
Mar 12 2007 // La. insurance regulators probe Allstate’s policy cancellations Louisiana insurance regulators are investigating whether Allstate Insurance Co. is canceling policies without properly inspecting homes to see if they...
News Currents
Mar 12 2007 // La. insurance regulators order Allstate to reverse cancellations Louisiana Commissioner of Insurance Jim Donelon on Mar. 6 ordered Allstate to scrap its property inspection process that led to the cancellation of more than...
Computer Data Bugs Lead to Shakeup, Lawsuit by La.’s Citizens
Mar 9 2007 // With its financial records in disarray, Louisiana’s state-run insurance company of last resort will get a new chief administrator and beef up its management with a chief financial officer and internal auditor,...
La. Appeal Court Won’t Rehear Decision in Tobacco Case
Mar 9 2007 // A five-judge state appeal court panel has refused to revisit its Feb. 7 decision to slash a New Orleans jury’s 2004 verdict that required four big tobacco companies to pay $591 million to help Louisiana smokers kick...
Computer Problem Blacks Out La. Citizens’ Records
Mar 8 2007 // Computer problems have blacked out the financial records of Louisiana’s state-backed insurer of last resort for months, and it may have to recreate its books from scratch, state officials acknowledge. The problem...
Hurricane Rita’s Claims Total $5.8B in Texas and Louisiana
Mar 6 2007 // The final tally for the cost of claims from Hurricane Rita in both Louisiana and Texas came to $5.8 billion. Hurricane Rita’s 120 mile per hour winds plowed into the Texas/Louisiana border on Sept. 24, 2005, one...
La. Commissioner Orders Allstate to Reinstate Policyholders
Mar 6 2007 // Louisiana Commissioner of Insurance Jim Donelon has ordered Allstate to scrap its property inspection process that led to the cancellation of more than 4,700 homeowners policies and reinstate coverage on those homeowners...
La. AG Says Contractor Fraud Fugitive Arrested in Fla.
Mar 5 2007 // Attorney General Charles C. Foti, Jr., recently announced that his office has arrested an individual suspected of defrauding numerous homeowners in Orleans, Jefferson and St. Charles Parish who were trying to repair their...
