Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
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...
Shreveport, La. Agent Shut Down
Nov 12 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...
NO HIKE NOW FOR STATE FARM IN LA.
Nov 11 2002 // Louisiana insurance regulators recently said “no dice” to State Farm Insurance Companies’ request to raise premiums for apartment and church insurance policies, and for rental dwelling coverage, at least...
No Increase for State Farm in Louisiana
Oct 28 2002 // State Farm Insurance Companies received recent rate increases in Florida, but Louisiana insurance regulators said “no dice” to the company’s request to raise premiums for apartment and church insurance...
LA.’S BROWN GOES TO JAIL
Oct 28 2002 // Louisiana Insurance Commissioner Jim Brown reported to the Federal Correctional Institution in Oakdale, La. on Oct. 15 to begin serving a six-month prison sentence. According to the New Orleans Times-Picayune, he is the...
12 ARRESTED IN LA. SWEEP
Oct 28 2002 // The Louisiana Attorney General’s Office Investigations Division announced that a statewide sweep resulted in the arrests of 12 people for allegedly falsifying workers’ compensation documents and, in some cases,...
LILI DAMAGE ESTIMATED AT $335M
Oct 28 2002 // Insurance Services Office Inc.’s (ISO) Property Claim Services (PCS) unit estimated that insurers will likely pay $335 million to homeowners and businesses for insured-property losses from Hurricane Lili that struck...
La. Commission Updates Hurricane Estimates
Oct 18 2002 // Acting Commissioner of Insurance Robert Wooley announced that based on current industry loss data, the Department of Insurance estimates that Hurricane Lili caused $70 million in insured damages in Louisiana and Tropical...
Louisiana’s Brown Goes to Jail
Oct 17 2002 // Louisiana Insurance Commissioner Jim Brown reported to the Federal Correctional Institution in Oakdale, La., to begin serving a six-month prison sentence. According to the New Orleans Times-Picayune, he is the third...
ISO Estimates Insurers Will Pay $335M from Hurricane Lili’s Damage to Insured Property
Oct 17 2002 // Insurers are expected to pay $335 million to homeowners and businesses for insured-property losses from Hurricane Lili that struck Louisiana and Mississippi on Oct. 3, according to estimates by the Insurance Services...
