Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
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...
Red-Light Camera Lawsuits Reinstated in Louisiana Parish
Mar 2 2015 // The battle over Jefferson Parish’s defunct red-light camera program is headed back to district court, after appellate judges reversed decisions throwing out ticketed drivers’ lawsuits against the parish and...
Home Insurer 1347 PIH Ends Kingsway Contract, Eyes Expansion
Mar 2 2015 // Tampa, Florida-based 1347 Property Insurance Holdings Inc., which sells homeowners insurance in Louisiana and has plans to expand to other coastal states, announced it has bought out the management services contract with a...
Louisiana Alleges Insurance Agency Owner Pocketed Premiums
Feb 27 2015 // An East Baton Rouge Parish insurance agency owner recently was served by Louisiana Department of Insurance Fraud Division investigators with a summary suspension and a cease and desist order for alleged misappropriation of...
