Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Retailers Mutual Upgraded by A.M. Best
May 26 2006 // Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurance provider, announced it has been upgraded to an “A-” (Excellent) rating by A.M. Best Company. The company said the rating...
La. Agent Faces Theft, Fraud Charges
May 25 2006 // A Shreveport, La., insurance agent was arrested and issued a cease and desist order and summary suspension of his license for alleged felony theft and misappropriation of insurance premiums, Louisiana Commissioner of...
PIA of La. Stresses Preparation for 2006 Hurricane Season
May 24 2006 // Due to the upcoming start of Hurricane Season on June 1, the Professional Insurance Agents (PIA) of Louisiana launched a public awareness campaign that includes the following tips for insurance consumers to prepare for the...
Bill Aims to Ease Insurance Woes for Jockeys in La.
May 24 2006 // A Louisiana senator wants to force the owners of Louisiana’s race tracks and the owners of race horses to pay part of the high cost of getting health insurance for jockeys. Sen. Don Cravins introduced a bill that...
Group Urges Action as La. House Committee Considers Critical Bills
May 23 2006 // The Louisiana House Insurance Committee is set to vote May 24 on two bills insurance bills that the Professional Insurance Agents of Louisiana believes are critical to the industry in the state. In a PIA Legislative Alert,...
Insurance Issues Remain High on La. Legislative Agenda
May 23 2006 // With the scheduled adjournment date of June 19, Louisiana lawmakers will be taking action on several important issues in the next few weeks that have the potential of reshaping the state’s insurance marketplace,...
La. Workers’ Comp Insurer Stresses Workplace Safety for Young Hires
May 23 2006 // Summer is a peak hiring time for thousands of young workers, and Louisiana Workers’ Compensation Corporation (LWCC) is reminding employers of the importance of safety in the workplace for young hires. According to...
Coverage issues at core of Hurricane Katrina-related litigation
May 22 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...
People and Places
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
Coverage issues at core of Hurricane Katrina-related litigation
May 22 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
News Currents
May 22 2006 // Hurricanes spawn E&O troubles for insurance producers With regard to potential errors and omissions claims against insurance producers in Louisiana arising out of Hurricanes Katrina and Rita, three main coverage areas...
Fraud Roundup
May 22 2006 // Louisiana Former cop sentenced A former Marksville, La., police officer was sentenced to 15 months in prison for helping a woman he was dating file a fraudulent insurance claim. Herbert Guillot Jr., convicted on federal...
People
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
La. Producer Accused of Pocketing Premiums, Forgery
May 19 2006 // An Evangeline, La., insurance producer was issued a cease and desist order and summary suspension of her insurance license for alleged forgery and misappropriation of insurance premiums. Pamela Kate Blackwell-Hanks (a/k/a...
La. Senator Says Insurance Department is Doing Too Little – Too Late
May 19 2006 // Senator James David Cain, chairman of the Louisiana State Senate Insurance Committee, reacting to the announcement of investigations into insurers’ claims practices by the Louisiana Department of Insurance, says he...
Three Companies Get Homeowners Rate Hikes in La.
May 18 2006 // The Louisiana Insurance Rating Commission has approved rate increases of less than 19 percent for three homeowner insurance companies. The largest of the increases, an 18.7 percent increase for 13,461 policyholders, went...
La. Agent Booked on Forgery Charges
May 18 2006 // A West Monroe, La., insurance agent recently was shut down and booked on five counts of forgery for allegedly falsifying information on documents while conducting the business of insurance, according to the Louisiana...
Accused of Taking Premiums, Former La. Agent Told to Cease and Desist
May 17 2006 // A former Pineville, La., insurance agent has been issued a cease and desist order for allegedly misappropriating insurance premiums, the Louisiana Department of Insurance reported. Pamela Carol Lee, 39, was ordered to...
La. Bill Would Extend Time to File Hurricane Insurance Lawsuits
May 17 2006 // Addressing a looming insurance deadline that could affect thousands of homeowners and businesses, the Louisiana House of Representatives passed a bill to give insurance claimants an extra year to file a lawsuit over...
Report Says Comp Costs per Claim in La. Higher Than in Median State
May 17 2006 // Louisiana’s average total cost per claim placed it among the group of states with higher average costs per claim when compared to the median study state, according to a new report by the Cambridge, Mass.-based...
