Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
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...
Fraudulent Auto Crash Claims Result in Arrest in La.
Mar 5 2007 // The Louisiana State Police Insurance Fraud Unit announced it arrested Becky Roberts, of West Monroe, in Ouachita Parish on Feb. 23, 2007, for insurance fraud (2 counts) and forgery. State Police said an investigation...
La. DOI to Inspect Some Allstate Insured Properties
Mar 2 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that Department of Insurance staff will be inspecting the properties of 18 Allstate policyholders in Jefferson, Orleans and St. Bernard Parishes who complained to...
Katrina lawsuits: Are the winds of fortune changing for insurers?
Feb 26 2007 // In the immediate aftermath of Hurricane Katrina when it became apparent that property losses would total billions of dollars, the insurance industry was understandably concerned that courts in Mississippi and Louisiana...
Reaping the wind will be the responsibility of insurers
Feb 26 2007 // There seem to be many questions on the minds of consumers, agents and public policy makers about coastal insurance issues presently and in the future. As an industry, we have been forthright about insurance issues facing...
La.’s Blanco: Insurance industry over-reacting to 2005 hurricanes
Feb 26 2007 // The insurance industry is over-reacting to Hurricanes Katrina and Rita, threatening the region’s recovery by withdrawing coverage and charging exorbitant rates, Gov. Kathleen Blanco told a gathering of insurance...
Reaping the wind will be the responsibility of insurers
Feb 25 2007 // There seem to be many questions on the minds of consumers, agents and public policy makers about coastal insurance issues presently and in the future. As an industry, we have been forthright about insurance issues facing...
News Currents
Feb 25 2007 // La.’s Blanco: Insurance industry over-reacting to 2005 hurricanes The insurance industry is over-reacting to Hurricanes Katrina and Rita, threatening the region’s recovery by withdrawing coverage and charging...
Katrina lawsuits: Are the winds of fortune changing for insurers?
Feb 25 2007 // In the immediate aftermath of Hurricane Katrina when it became apparent that property losses would total billions of dollars, the insurance industry was understandably concerned that courts in Mississippi and Louisiana...
Lawyer: La. Citizens Nearing Mass Settlement of Hurricane Suits
Feb 21 2007 // Louisiana’s state-run insurer is nearing a mass settlement with policyholders that would be the first deal of its kind in the state since hurricanes Katrina and Rita spawned thousands of lawsuits, an attorney for the...
