Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Wintaai Holdings Acquires Louisiana’s Stonetrust Commercial Insurance
Jan 8 2018 // Wintaai Holdings Ltd., a wholly-owned subsidiary of Chou Associates Management Inc., has completed its acquisition of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. Wintaai...
Takata Airbag Led to Fatality in Louisiana Honda Civic Crash
Jan 8 2018 // Honda Motor Co.’s North American unit and the National Highway Traffic Safety Administration confirmed that a ruptured airbag inflator of Takata Corp. used in a Honda Civic caused the death of the driver in July...
Louisiana Citizens Policy Count Dropping Again
Jan 8 2018 // The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years. Louisiana Insurance...
Company Co-Owner Pleads Guilty in Louisiana’s Camp Minden Explosion Case
Dec 20 2017 // One of the owners of a company that abandoned thousands of tons of potentially explosive artillery propellant in Louisiana has admitted lying in order to be awarded federal contracts to “demilitarize” the...
Takata Airbag Led to Death in Louisiana Honda Civic Crash
Dec 20 2017 // Honda Motor Co.’s North American unit and the National Highway Traffic Safety Administration confirmed on that a ruptured airbag inflator of Takata Corp. used in a Honda Civic caused the death of the driver on July...
Leadership Changes Coming for Louisiana Citizens Property Insurance
Dec 19 2017 // The Louisiana Department of Insurance reported that the leadership of Louisiana Citizens Property Insurance Corp. will change in 2018. Two long-serving employees, Chief Operating Officer Vijay Ramachandran and Chief...
Louisiana Citizens Insurance Assessment Rebate Deadline Is Dec. 31
Dec 18 2017 // Louisiana Insurance Commissioner Jim Donelon is reminding Louisiana property insurance policyholders that the opportunity to file for the partially refundable 2013 Louisiana Citizens Property Insurance Co. assessment...
People
Dec 18 2017 // The Insurance Council of Texas (ICT) elected Thomas Fitzpatrick as chair of the ICT board of directors. His term begins Jan. 1, 2018. Fitzpatrick has served on the ICT board since 2008 and most recently served as vice...
Louisiana Citizens Property Insurance Policy Count Continues to Drop
Dec 15 2017 // The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years. The eleventh round of...
Deadline for Louisiana Flood Insurance Proof of Loss Is Dec. 31
Dec 14 2017 // The end of the year deadline for National Flood Insurance Program (NFIP) policyholders affected by the flooding in August 2016 of South Louisiana is fast approaching. After six extensions, the deadline for the filing of...
Louisiana’s Fidelis Group Holdings Hires Kelly as Senior Claims Director
Dec 7 2017 // Covington, Louisiana-based Fidelis Group Holdings LLC (FGH), and subsidiaries Continental Underwriters Ltd. (CU) and Fidelis Claims Service LLC (FCS), hired Christian Kelly as senior director of its Claims Division. Kelly...
Young Reappointed to Louisiana Workers’ Comp Corp. Board
Dec 5 2017 // Barbara F. Young has been reappointed to the Louisiana Workers’ Compensation Corp.’s (LWCC) board of directors. Based in Shreveport, Young is a self-employed consultant and serves as an at-large member. LWCC is...
Fewer Opioids Prescribed in Louisiana Following Medicaid Expansion
Dec 4 2017 // Data from the Louisiana Department of Health and the Louisiana Board of Pharmacy show there are fewer opioids being prescribed since Medicaid expansion began in July 2016, the Louisiana governor’s office...
People
Dec 4 2017 // Garrett Sprowls, general counsel and managing broker of Austin-based Professional Lines Underwriting Specialists Inc. (PLUS Inc.), has been elected president of the Texas Surplus Lines Association Inc. (TSLA). Other newly...
Gardner, Berger Appointed to Louisiana Citizens Property Insurance Commission
Nov 21 2017 // Louisiana Gov. John Bel Edwards has appointed Susan Denise Gardner and Eric S. Berger to serve on the Louisiana Citizens Property Insurance Commission. Gardner, of Clinton, is a certified financial examiner and market...
Litigation Finance Investors Expanding Their Reach
Nov 20 2017 // Investor funded litigation is not new, but its use is expanding, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded...
Louisiana Insurance Producer, Adjuster Licensing Changes Begin Jan. 1
Nov 20 2017 // The Louisiana Department of Insurance has issued a reminder that producer and adjuster license renewals are changing in 2018. Beginning in January, producers will file a single license renewal, which will renew all...
Louisiana Business, Industry Group Names LUBA Workers’ Comp Company of the Year
Nov 17 2017 // LUBA Workers’ Comp, a regional casualty insurance company, was named Company of the Year in the 100 employees or less category of the Louisiana Association of Business and Industry’s 2017 Free Enterprise...
Louisiana Parishes Have Been Designated Disaster Areas Due to Harvey
Nov 16 2017 // The federal government has designated several Louisiana parishes disaster areas due to damages caused by flooding from Hurricane Harvey. Agriculture and Forestry Commissioner Mike Strain says the U.S. Department of...
Fewer Opioids Prescribed in Louisiana Following Medicaid Expansion
Nov 14 2017 // New data from the Louisiana Department of Health and the Louisiana Board of Pharmacy show there are fewer opioids being prescribed since Medicaid expansion began in July 2016, the Louisiana governor’s office...
