Latest Louisiana Headlines

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

La.’s Deputy Commissioner Takes on Rating Board, Struggling Firm

Mar 24 2003 // According to Jim Donelon, Chief Deputy Commissioner of the Louisiana Department of Insurance (LDI), the answer to the homeowners’ insurance crisis in Louisiana is to move to a file and use rating system, and to...

NAIC Names Wooley Chairman of Nat’l Consumer Protection Committees

Mar 7 2003 // Louisiana’s Acting Commissioner of Insurance, Robert Wooley, is the new chairman of two consumer protection committees by the president of the National Association of Insurance Commissioners (NAIC). NAIC President...

LOUISIANA AGENT FACES CHARGES

Feb 24 2003 // Acting Louisiana Insurance Commissioner Robert Wooley confirmed that a Monroe, La. insurance agent was arrested as a part of an ongoing statewide crackdown on insurance fraud being conducted by the La. Department of...

Louisiana Department Gets New Digs

Feb 20 2003 // The Louisiana Department of Insurance moved into new offices on Feb. 14, relocating to the new Poydras Building at 1702 North Third Street, Baton Rouge, 70802. The building is adjacent to the First Circuit Court of Appeal...

Iroquois Group Now Open to Louisiana Agents

Feb 18 2003 // Gerald Scriber and Nick Poulos, regional managers for Iroquois Group, of Winnsboro, La., announced the opening of Iroquois of Louisiana Inc. to member agents. Mike Reiter, Iroquois long-time managing partner, is...

AIA Applauds La. Clarification Regarding Absolute Pollution Exclusions

Feb 6 2003 // The Louisiana Department of Insurance’s recent clarification how insurers may use absolute pollution exclusions on commercial lines policies, is expected to ease industry concerns over the application of previously...

Louisiana Agent Booked on Multiple Charges

Feb 4 2003 // Acting Louisiana Insurance Commissioner Robert Wooley confirmed that a Monroe, La. insurance agent was arrested as a part of an ongoing statewide crackdown on insurance fraud being conducted by the La. Department of...

Louisiana Agent Booked for Theft, Misappropriation

Jan 24 2003 // A Slidell, La. insurance agent was charged on numerous counts of theft and misappropriation, the latest in a series of insurance fraud arrests around the state, according to acting Louisiana Insurance Commissioner Robert...

State Farm to Issue Modified Mold Mailer in Louisiana

Jan 22 2003 // Acting Louisiana Commissioner of Insurance Robert Wooley announced that State Farm will issue new information to Louisiana policyholders clarifying the company’s prior notice on mold and fungus claims. Over the past...

To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line

Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year is bound to turn up at least one account of regulators cracking down on an insurance agent for a...

To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line

Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year, is bound to turn up at least one account of regulators cracking down on an insurance agent for a...

LA. MOLD NOTICE ‘MISLEADING’

Dec 16 2002 // A notification from State Farm to its Louisiana homeowner customers citing an exclusion of mold coverage is misleading, according to acting Commissioner of Insurance Robert Wooley. The notice allegedly told State Farm...

La. Agent Hiding in Closet Arrested for Misappropriation of Premiums

Dec 12 2002 // The Louisiana Department of Insurance shut down an Alexandria insurance agency amid charges of misappropriation of premiums. The department said it is the second Alexandria agency to be closed in just over a...

Gallagher Acquires Louisiana’s Encore Insurance & Bonding

Dec 11 2002 // Arthur J. Gallagher & Co. announced the acquisition of Encore Insurance & Bonding Inc. of New Orleans, La., a full-service insurance agency which specializes in offering risk management and commercial...

La. Commissioner Calls State Farm Mold Notice Misleading

Dec 6 2002 // A notification from State Farm to its Louisiana homeowner customers citing an exclusion of mold coverage is misleading, according to acting Commissioner of Insurance Robert Wooley. Wooley said the company has notified its...

Louisiana’s AMERISAFE Promotes Executives

Dec 5 2002 // AMERISAFE, a DeRidder, La.-based specialty workers compensation insurance group focused on hazardous industries, announced the promotions Allen Bradley to president and chief operating officer and Craig P. Leach to the...

S&P’s Affirms BCBS of La. ‘A’ Ratings; Outlook Negative

Nov 29 2002 // Standard & Poor’s has affirmed its ‘A’ counterparty credit and financial strength ratings on Louisiana Health Service & Indemnity Co., which does business as Blue Cross and Blue Shield of...

Allstate Gets Auto Rate Increase in Louisiana

Nov 26 2002 // The Louisiana Insurance Rating Commission granted Allstate Insurance Co. a $21.9 million auto policy rate increase. The rate hike is the second the company has received in the past nine months. According to the New Orleans...

Costs From Isidore and Lili Higher Than Expected

Nov 25 2002 // Damage from Tropical Storm Isidore and Hurricane Lili will cost insurers in Louisiana nearly $600 million, an amount much higher than originally estimated, according to Acting Insurance Commissioner Robert Wooley. Industry...

CRACKDOWN ON AGENTS IN LA.

Nov 25 2002 // The Louisiana Department of Insurance Fraud Unit investigators served cease and desist and summary suspension orders to licensed insurance agent Tommy Ray Dean of Shreveport, the day after the department served a C&D...