Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Zurich Insurance Sees $200 Million LA Wildfire Loss
Feb 21 2025 // Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported a 5% gain in profit for 2024. Group operating profit rose to $7.75 billion in the year, the...
AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires
Feb 20 2025 // AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of...
Airbnb Billionaire Plans Factory-Built Homes for LA Fire Victims
Feb 20 2025 // Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate $15 million of factory-built dwellings to victims of the Los Angeles wildfires. The pre-fabricated...
Farmers Estimates $600M in Losses from LA Wildfires
Feb 19 2025 // Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600 million. Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two...
Scientists Racing to Discover Depth of Ocean Damage From LA Wildfires
Feb 19 2025 // On a recent Sunday, Tracy Quinn drove down the Pacific Coast Highway to assess damage wrought upon the coastline by the Palisades Fire. The water line was darkened by ash. Burnt remnants of washing machines and dryers and...
Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows
Feb 13 2025 // Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last...
Mercury Expects to Lose $1.6B to $2B From LA Wildfires
Feb 13 2025 // Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation and reinsurance recoveries will drop the ultimate bill down to $325...
Edison Utility Faces Shareholder Lawsuit Over LA Wildfires
Feb 12 2025 // The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los Angeles-area wildfires by assuring them it could shut down power lines to reduce the risk of...
Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires
Feb 11 2025 // Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last...
Registration for Next Round of LA Fortify Homes Program Grants Opens Feb. 12
Feb 10 2025 // The Louisiana Department of Insurance announced that registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Wednesday, February 12. Registration will close at 5 p.m. on...
AccuWeather: Elevated Risk of Mudslides at LA Wildfire Burn Scars From Coming Storm
Feb 7 2025 // Meteorologists are warning of an elevated risk of dangerous debris flows and destructive mudslides in Southern California next week in areas scorched by destructive Los Angeles wildfires. AccuWeather meteorologists expect...
Edison Probing Retired Power Line as Possible Start of LA Eaton Fire
Feb 7 2025 // Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of a probe into the cause of the blaze that razed more than 9,000 structures. Southern California...
LA Neighbors See Different Post-Wildfire Rebuilding Options Due to Insurance Crisis
Feb 7 2025 // Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. “I chose an old home in an old neighborhood because it has...
Inside the LA Fire Cleanup’s Rush to Remove Tons of Toxic Rubble
Feb 6 2025 // Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the Los Angeles wildfires was always going to be an unprecedented challenge in a densely-populated,...
Startup Accused of Gouging LA Fire Victims on Rent
Feb 6 2025 // A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one example — after last month’s wildfires that destroyed thousands of homes, the city...
USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which...
LA Wildfire Losses Seen as High as $164 Billion, UCLA Says
Feb 5 2025 // Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S....
State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners...
Louisiana Parish Cleared of Violating Environmental Activist’s Freedom of Speech
Feb 3 2025 // Louisiana parish officials who threatened to arrest and imprison an environmental activist as she attempted to speak during a public meeting did not violate her right to freedom of speech, a unanimous civil jury ruled...
Amid Clean up From LA Wildfires, Some Residents Furious Over Hazardous Waste
Feb 3 2025 // Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said. Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a...
