Latest Louisiana Headlines

All the headlines from our Louisiana Topic Page, ordered by recency.

Insurance industry in Louisiana’s legislative ‘crosshairs’

May 7 2007 // This session will be tough, next one even worse, lobbyist says Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which began April 30, is certain to have plenty of impact on the insurance...

Insurance industry in Louisiana’s legislative ‘crosshairs’

May 7 2007 // Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which began April 30, is certain to have plenty of impact on the insurance industry, according to one industry lobbyist. And it’s not...

La. Measures Would Shrink Citizens Insurance, Change Building Codes

May 3 2007 // While Louisiana struggles to retain insurance markets and affordable coverage, the state’s lawmakers are targeting problems with the state’s insurer of last resort and building codes. A Louisiana State Senate...

FBI: Former La. Police Union Head Lied About Insurance Scam

May 3 2007 // A former police union president in Monroe, La., is accused of lying to federal investigators about a former officer’s alleged insurance scam. Federal agents arrested Paul Brown, 41, a 16-year department veteran who...

La. State Police Charge Bondsman with Theft and Insurance Fraud

May 2 2007 // The Louisiana State Police reported that its Insurance Fraud and Auto Theft Unit on April 30, 2007, arrested a bail bondsman in the Rapides Parish area on theft and insurance fraud charges. Wayne Thomas, 36, McKeithen...

Burns & Wilcox Adds Woods as Personal Lines Underwriter in LA

May 2 2007 // Burns & Wilcox announces that Aaron Woods has joined the company’s Los Angeles office, which is located in Woodland Hills, Calif., as a personal lines underwriter/broker. Previously, Woods spent three years as a...

La. Gov. Pitches $100M Insurance Plan

May 1 2007 // With Louisiana’s hurricane recovery stymied in part by skyrocketing property insurance rates, Gov. Kathleen Blanco has a plan to ease the problem: Offer insurance companies $100 million in incentives. But in an...

Proposal Would Give La. AG Muscle in Insurance Disputes

Apr 30 2007 // Mississippi Attorney General Jim Hood didn’t wait long to take on the insurance industry for denying the claims of thousands of policyholders after Hurricane Katrina. Less than a month after the Aug. 29, 2005, storm...

Big ‘I’ Honors N.Y’s Emek and Louisiana Affiliate

Apr 30 2007 // The Independent Insurance Agents & Brokers of America (the Big “I”) honored an agent leader and one of its state associations for their legislative accomplishments in 2006 at the Big “I”...

La. Lawmaker Wants AG’s Opinion on Gov.’s Insurance Incentive Plan

Apr 27 2007 // A lawmaker from Acadiana has asked Louisiana’s attorney general to determine the constitutionality of Gov. Kathleen Blanco’s plan to grant up to $100 million in state money to private insurance...

Coming La. Legislative Session to Target Insurance, Lobbyist Says

Apr 27 2007 // Despite its focus on fiscal matters, Louisiana’s 2007 legislative session, which begins April 30, is certain to have plenty of impact on the insurance industry, according to one industry lobbyist. And it’s not...

La. Hurricane Safe Rooms Fitted with Pump Automation Systems

Apr 26 2007 // Engineers in Jefferson Parish, La., said recent tests show flood pumps can be turned on automatically by workers holed up in nearby safe rooms during major hurricanes. When a major hurricane threatens the parish, pump...

Industry Veteran to Take No. 2 Spot at La. Insurance Department

Apr 25 2007 // The chief executive officer of the Slidell, La., Chamber of Commerce – a Baton Rouge native who spent more than 30 years in insurance – will take the No. 2 job in the state insurance department beginning in...

People

Apr 23 2007 // Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the...

Figures

Apr 23 2007 // $43.5 billion Total insurance revenues of the nation’s bank holding companies in 2006, a slight drop from 2005, according to Michael White Associates and the American Bankers Insurance Association. 58% The increase...

Declarations

Apr 23 2007 // Declarations A balancing act “The legislation we are supporting this session is intended to balance the need to create a competitive regulatory environment while ensuring that our citizens are afforded adequate...

With La. session on horizon, governor and commissioner unveil package of bills

Apr 23 2007 // Louisiana Governor Kathleen Babineaux Blanco and state Commissioner of Insurance Jim Donelon on April 11 unveiled a joint legislative package designed to attract new insurers to the state, drive down rates and protect...

Wortman to Take Over as CEO of La. Citizens

Apr 20 2007 // Louisiana’s “insurer of last resort” has hired an insurance industry veteran as its new CEO, and he’ll face a raft of problems when he takes over next week. J. John Wortman, who’s been in the...

Nationwide Agrees to Readjust 500 Miss. Katrina Claims

Apr 20 2007 // Nationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance Commissioner George Dale said. The so-called...

La. Commissioner to Name New Citizens CEO

Apr 16 2007 // Insurance Commissioner Jim Donelon said on April 12 he has picked a new CEO for the state’s troubled “insurer of last resort” and will make the new chief executive’s name public during the week of...