Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires
Jan 22 2025 // Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change. It’s a...
LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag
Jan 21 2025 // Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path of conditions that would allow blazes to spread quickly as the region holds out...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B
Jan 20 2025 // Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range. The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic...
Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule
Jan 17 2025 // The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state...
Moody’s Says LA Fire May Pose Risk to Southern California Edison
Jan 16 2025 // The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s...
Fire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’
Jan 16 2025 // The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end — but a lack of rain and another round of winds forecast next week has officials worried. “Things are...
Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion
Jan 14 2025 // The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion. The fresh figure Jan. 14 from Keefe Bruyette & Woods...
California Wildfires Wrapup: Aerial Assault Aims to Stem LA Palisades Fire Spread
Jan 11 2025 // LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread of the Palisades wildfire in Los Angeles on Saturday as on-the-ground firefighting intensified amid...
The Most Important LA Wildfire Stories to Know About
Jan 10 2025 // As firefighters gain more control over what have become the most destructive wildfires in U.S. history in a matter of days, the scale of the destruction and losses is becoming clearer. Despite the cacophony of a world...
Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Jan 10 2025 // Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for...
Edison Denies LA Wildfire Involvement as Insurers Ask It to Preserve Evidence
Jan 10 2025 // Southern California Edison said on Thursday it had received notices from insurance companies to preserve evidence related to the Eaton Fire that is still burning in Los Angeles, but said no fire agencies have pointed the...
Catastrophe Bond Funds Say They’ll Dodge Losses as LA Fires Rage
Jan 10 2025 // The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for catastrophe bonds designed to capture such risks. Roughly 12% of the $50 billion cat-bond market is currently exposed to wildfire...
Risk & Insurance Education Alliance Partners with PIA of Louisiana to Expand Educational Offerings
Jan 7 2025 // Austin TX, January 7, 2025 — The Risk & Insurance Education Alliance is excited to announce a new partnership with the Professional Insurance Agents (PIA) of Louisiana to bring its comprehensive suite of...
California Winds Drive Severe Fire Danger in Rain-Starved LA
Jan 6 2025 // Exceptionally powerful, dry winds expected across Southern California this week are set to send wildfire risk skyrocketing in a region that’s endured more than eight months without significant rain. Forecasters...
Tugboat Sinks Into Mississippi River After Collision With Tanker Ship in Louisiana
Jan 2 2025 // LULING, La. (AP) — The crew of a tugboat was quickly rescued when their vessel sank into the Mississippi River following a collision with a tanker ship in Louisiana. The U.S. Coast Guard said Monday that it is...
Bird Flu Likely Mutated Within a Louisiana Patient: CDC
Dec 30 2024 // A genetic analysis suggests the bird flu virus mutated inside a Louisiana patient who contracted the nation’s first severe case of the illness, the U.S. Centers for Disease Control and Prevention said last...
Louisiana Home Care Companies to Pay $355K in Back Wages
Dec 17 2024 // More than 100 people working as home care companions will receive their share of nearly $355,000 in back wages and damages after investigations by the U.S. Department of Labor’s Wage and Hour Division of two southern...
Venture Global LNG Considers Fifth Export Project in Louisiana
Dec 3 2024 // Venture Global LNG Inc. is considering building a fifth project on the US Gulf Coast that would put it on track to become the nation’s largest exporter of the fuel, according to a document seen by Bloomberg. The...
Louisiana Gov. Landry Raises Concerns Over $3B Coastal Restoration Project
Nov 27 2024 // NEW ORLEANS (AP) — Louisiana Gov. Jeff Landry raised serious objections Thursday to a $3 billion project long hailed as key to restoring the state’s eroding coastline, decrying the growing cost and predicting dire...
World Insurance Associates Expands in Louisiana, Texas With 5 Acquisitions
Nov 12 2024 // World Insurance Associates LLC (“World”), announced today that it acquired the business of five entities with locations across Louisiana and Texas on August 1, 2024. The agencies are The Firm of Louisiana...
