Latest Louisiana Headlines

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

LA CPCU Chapter Represented at Nat’l Leadership Summit

Jul 29 2002 // Several officers, directors and past presidents of the Los Angeles Chapter of CPCU recently attended a Leadership Summit in Las Vegas sponsored by the National Society of CPCU. The Summit included the Society’s...

Louisiana Governor Expects Rate Hikes

Jul 29 2002 // Louisiana Governor Mike Foster hired an advisor to assist him and the Louisiana Insurance Rating Commission (LIRC) in their consideration of rate hike requests from insurers and consumer concerns. The Times-Picayune...

LWCC Upgraded

Jul 22 2002 // Louisiana’s largest workers’ compensation insurance company, Louisiana Workers’ Compensation Corporation (LWCC) announced that A.M. Best has upgraded LWCC’s financial strength rating from an...

La. Auto Rates Rising

Jul 22 2002 // Citing increasing medical and repair costs, a weak stock market, and the effects of state laws enacted in 1998, Louisiana insurance regulators anticipate a rise in auto rates in their state. The Times-Picayune reports that...

La. Auto Rates Rising

Jul 22 2002 // Citing increasing medical and repair costs, a weak stock market, and the effects of state laws enacted in 1998, Louisiana insurance regulators anticipate a rise in auto rates in their state. The Times-Picayune reports that...

LWCC Upgraded

Jul 22 2002 // Louisiana’s largest workers’ compensation insurance company, Louisiana Workers’ Compensation Corporation (LWCC) announced that A.M. Best has upgraded LWCC’s financial strength rating from an...

‘B++’ Assigned to La. Retailers Mutual

Jul 8 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...

State Farm: No New LA. Auto Policies

Jul 8 2002 // Indicating it is seeking a 16 percent rate increase for auto policies in Louisiana, State Farm Insurance Co. has stopped writing new auto policies in that state. The company estimates that the rate increase would generate...

‘B++’ Assigned to La. Retailers Mutual

Jul 8 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...

State Farm: No New LA. Auto Policies

Jul 8 2002 // Indicating it is seeking a 16 percent rate increase for auto policies in Louisiana, State Farm Insurance Co. has stopped writing new auto policies in that state. The company estimates that the rate increase would generate...

‘B++’ Assigned to La. Retailers Mutual

Jul 8 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...

La. Retailers Mutual Rated “B++” by A.M. Best

Jun 27 2002 // Louisiana Retailers Mutual Insurance Company has earned a “B++” rating from A.M. Best Company. The rating reflects the company’s solid capitalization, historically sound operating performance,...

La. Decides to wait at Least One Month on Allstate Rate Hike Request

Jun 26 2002 // The Louisiana Insurance Rating Commission has deferred action for at least a month on Allstate Insurance Co.’s request for a 19.9 percent rate hike for homeowners and renters insurance, claiming the company had not...

La. Decides to wait at Least One Month on Allstate Rate Hike Request

Jun 26 2002 // The Louisiana Insurance Rating Commission has deferred action for at least a month on Allstate Insurance Co.’s request for a 19.9 percent rate hike for homeowners and renters insurance, claiming the company had not...

State Farm Ceases Writing New La. Auto Policies

Jun 25 2002 // State Farm Insurance Co. announced it would stop writing new auto policies in Louisiana, and would also request a 16 percent rate increase to generate more than $150 million to offset losses. According to A.M. Best and The...

The Storms Will be Out There: Average Hurricane Season Predicted

Jun 24 2002 // Colorado State University hurricane forecasters, led by Dr. William Gray, recently lowered this year’s Atlantic basin hurricane forecast numbers, but that hasn’t prevented insurance commissioners from states...

NAII Says La. Draft Regulation Leaves Room for Misinterpretation

Jun 14 2002 // A recent bulletin from the Louisiana Insurance Department dealing with form filing requirements for P/C insurance is causing concern for insurers, according to the National Association of Independent Insurers...

‘B++’ Assigned to La. Retailer Mutual

Jun 12 2002 // A.M. Best Co. has assigned a “B++” financial strength rating to Louisiana Retailers Mutual Insurance Co. (LRMIC), a Baton Rouge, La.-based workers’ compensation insurance provider. The outlook is...

Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets

Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...

Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets

Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...