Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Sinkholes Added as Threat in Louisiana Disaster Plan; Salt Domes to be Mapped
Apr 16 2015 // Sinkholes will be recognized as threats in the state’s updated hazard mitigation plan. The Daily Comet reports the state is working on a five-year update to its hazard mitigation plan, which must be in place to...
Texas, Louisiana Improve Building Code Rankings; More Work Needed
Apr 14 2015 // Source: Jocelyn Augustino/FEMA Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to...
Louisiana Insurance Department Offers Early Retirement to Cut Costs
Apr 6 2015 // Louisiana Insurance Commissioner Jim Donelon gave some of his employees the chance to take an early retirement incentive, to help his agency balance its budget. Donelon says six employees took the offer under which they...
Louisiana’s Eagan Insurance: Carrying on a Family Tradition
Apr 6 2015 // Marc Eagan says he’s fortunate that his four children grew up in and around the insurance business. For Eagan, president of Eagan Insurance Agency located in the New Orleans-area, it means his firm is well-situated...
Insurance, Corporate Law Intersect in Louisiana Agent Liability, UM Cases
Mar 30 2015 // Nothing is more exciting than reading the latest updates on insurance law, unless, of course, you can get updates on corporate law at the same time. Fortunately, there are two recent Louisiana cases where the outcome of...
Louisiana Town to Vote on Tax for Fire Department Maintenance
Mar 26 2015 // Voters in Gonzales, La., will decide on March 28 whether to renew a 10-year, 3.27-mill property tax that was first passed in 1986 to fund the city’s fire department. With two fire stations and an ambulance service...
Wall Street Journal: Collapse of Southport Lane’s Insurance Empire
Mar 23 2015 // An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers’ investments was built by a private equity firm in part on questionable assets and is now being...
Consequences at the Intersection of Insurance and Corporate Law
Mar 23 2015 // Nothing is more exciting than reading the latest updates on insurance law, unless, of course, you can get updates on corporate law at the same time. Fortunately, there are two recent Louisiana cases where the outcome of...
Louisiana P/C Self-Insurance Program Selects New Contractor
Mar 23 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management...
People – South Central
Mar 23 2015 // Waco, Texas-based Insurors Indemnity Cos. named Dave Talbert as president and chief executive officer. Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry experience, having previously...
A.M. Best Affirms Ratings of Louisiana-Based AMERISAFE, Subsidiaries
Mar 20 2015 // A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” of DeRidder, La.-based AMERISAFE Inc. and its property/casualty subsidiaries: American Interstate...
It’s Time for Insurance Reform in Louisiana
Mar 17 2015 // Louisiana is vulnerable to extreme weather and natural catastrophes in ways only a few other states experience. By all indications, that exposure will only grow worse, as a combination of sea rise, erosion and subsidence...
Louisiana Citizens Property Insurance CEO Resigns Unexpectedly
Mar 16 2015 // The chief executive officer of state-backed Louisiana Citizens Property Insurance Corp. abruptly resigned following a closed session of the insurer’s board of directors to discuss personnel matters. The Advocate...
Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program
Mar 16 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management...
Feds to Study Cracks in Monroe, Louisiana Floodwall
Mar 11 2015 // The U.S. Army Corps of Engineers says it will study the 81-year-old floodwall that protects Monroe from the Ouachita River, to try to determine why the structure is cracking. Tensas Basin Levee District personnel first...
Louisiana’s LCTA Workers’ Comp Adds D’Angelo to Board
Mar 9 2015 // Louisiana-based workers’ compensation insurer, LCTA Workers’ Comp (LCTA), has added John D’Angelo to its board of trustees. John D’Angelo D’Angelo founded Investar Bank in Baton Rouge, La., in...
BP Drops Opposition to Gulf Oil Spill Claims Chief It Criticized
Mar 8 2015 // BP has abruptly switched legal strategies—again—in the multi-billion-dollar liability fight stemming from the April 2010 Gulf of Mexico oil spill. The company dropped a campaign to oust a settlement administrator it...
Anthem Breach Hits Louisiana’s Office of Group Benefits
Mar 5 2015 // A state office that provides insurance plans for Louisiana’s state employees says personal information of some of its members was obtained by hackers who breached the online security of Anthem Inc. The Office of...
Lake Charles, Louisiana to Keep Class 2 Fire Protection Rating
Mar 5 2015 // The Property Insurance Association of Louisiana says Lake Charles will maintain its Class 2 fire protection rating for the next few years. By keeping the Class 2 rating, which the city has maintained since the 1980s,...
Exxon Hit with Lawsuit in Louisiana over Denied Tainted Fuel Claims
Mar 3 2015 // ExxonMobil has paid more than $4.6 million to nearly 2,900 motorists impacted by the company’s production of more than 5 million gallons of tainted fuel distributed in the Baton Rouge area in March...
