Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana’s McNeese State Offering Insurance Licensing Course
Sep 24 2012 // The Louisiana Consortium of Insurance and Financial Services at Louisiana State University-Shreveport will offer a pre-licensing course on property and casualty insurance at McNeese State University. The course is set for...
Rate Hikes Lead to Less Insurance Coverage for Louisiana Parish Schools
Sep 24 2012 // The Livingston Parish School Board will cut the district’s property insurance coverage in half to keep from paying an additional $224,000 in annual premiums. The Advocate reports the board voted unanimously to lower...
Allstate Raising Homeowner Rates in Louisiana
Sep 24 2012 // Allstate Corp. is raising insurance rates for 144,000 Louisiana homeowners. The company announced that about 71,000 homeowners insured by Allstate Insurance Co. will see their rates increase by 11.3 percent, while 73,000...
Isaac Losses Won’t Strongly Impact P/C Industry in Louisiana
Sep 24 2012 // While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the...
Isaac Costs Entergy at Least $400M
Sep 19 2012 // Entergy Corp. says its estimated damages from Hurricane Isaac range from $400 million to $500 million, and the storm is expected to reduce the utility’s third-quarter revenue. In a news release, Entergy said it will...
Louisiana Senator Vitter Named a NAMIC Federal Legislator of the Year
Sep 19 2012 // The National Association of Mutual Insurance Companies (NAMIC) has named Sen. David Vitter, R-La., one of its Federal Legislators of the Year for 2012. Sen. Jon Tester, D-Mont., also won the award. “Senators Tester...
Health Groups Sue Over Louisiana’s Post-Isaac Insurance Rule
Sep 19 2012 // Two health care groups have filed a lawsuit against Insurance Commissioner Jim Donelon, over an insurance coverage change he made after Hurricane Isaac. The lawsuit by the Louisiana State Medical Society and the Louisiana...
Angry Over Denial for Disaster Aid, Louisiana Man Pulls Assault Rifle
Sep 18 2012 // A man who allegedly got a fully loaded AR-15 assault rifle from his pickup truck after being turned down for disaster food stamps is jailed in St. John the Baptist Parish, La. A claims processor in LaPlace told officers...
Louisiana Citizens: More than 13,000 Claims from Isaac so Far
Sep 17 2012 // Louisiana’s property insurer of last resort says Hurricane Isaac has resulted in over 13,000 claims and they expect more to come. Vice President and Chief Claims Officer of Louisiana Citizens Property Insurance Corp....
Louisiana Citizens Pays $61M to Settle Katrina, Rita Claims
Sep 17 2012 // Louisiana’s insurance company of last resort agreed on Sept. 13 to settle two remaining class-action lawsuits tied to claims handled after Hurricanes Katrina and Rita. The board for the Louisiana Citizens Property...
Isaac Losses Won’t Strongly Impact P/C Industry in Louisiana
Sep 14 2012 // While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the...
Hurricane Isaac Insured Losses to Reach $1-$2 Billion: RMS
Sep 14 2012 // U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses,...
Allstate Raising Homeowner Rates in Louisiana
Sep 13 2012 // Allstate Corp. is raising rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. The company announced that about 71,000 homeowners insured by Allstate Insurance Co. will see...
Isaac Tars Louisiana Beaches with Oil from BP Spill
Sep 12 2012 // Two years after the worst offshore oil spill in U.S. history, mats of oily tar from BP Plc.’s ill-fated Macondo well have turned up on Louisiana’s shore after Hurricane Isaac stirred up submerged oil deposits,...
Isaac Damage to Louisiana Agriculture Estimated at $100M
Sep 12 2012 // An assessment won’t be finalized until all harvests are complete, but it appears that an estimated $100 million in losses to Louisiana’s row crop industry resulted from Hurricane Isaac, state agriculture...
Univ. of Louisiana-Monroe Lands Contract for Insurance Research
Sep 11 2012 // The University of Louisiana-Monroe College of Business has been awarded a research contract from the Louisiana Department of Insurance to study and provide support for proposed legislative insurance reforms. The News-Star...
Wind Claims from Hurricane Isaac Only Part of the Story
Sep 10 2012 // Insurance claims from Hurricane Isaac, which made landfall in far Southeast Louisiana on Aug. 28, could climb to $1.2 billion, according to one catastrophe modeling firm. AIR Worldwide estimated losses at $1.2 billion, but...
Emergency Insurance Rule for Policyholders in Effect in Louisiana
Sep 6 2012 // Louisiana Insurance Commissioner Jim Donelon has issued an emergency rule which allows greater protection and flexibility for policyholders impacted by Hurricane Isaac. The emergency rule is similar in scope to the rules...
Louisiana Court: Cab Co. Owner Can Be Held Liable for Boy’s Death
Sep 6 2012 // A state appeal court has reversed itself, ruling that a Bossier City, La., taxi cab company owner can be held personally responsible for the death of a 12-year-old Stonewall boy allegedly killed by a cab driver. The 2nd...
Thousands File Flood Insurance Claims After Isaac
Sep 5 2012 // Thousands of flood insurance claims are being filed in the wake of Hurricane Isaac, a slow-moving storm that hammered several parishes in southern Louisiana with prolonged, drenching rains and tropical-storm force winds,...
