Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Increase in Commercial Rates Proposed for Louisiana Citizens
Feb 16 2010 // The board of Louisiana Citizens Property Insurance Corporation will vote in March on a proposed increase for commercial policy holders that will average 4.57 percent. Insurance Commissioner Jim Donelon told The...
Louisiana Recovered $8.2M for Insurance Consumers in 2009
Feb 12 2010 // Louisiana Insurance Commissioner Jim Donelon announced that the Department of Insurance helped Louisiana insurance consumers to recover $8.2 million in insurance payments last year. The recovered funds result from...
Louisiana Commissioner Denies State Farm’s 19% Rate Increase
Feb 11 2010 // Louisiana Insurance Commissioner Jim Donelon has declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1...
Audit Raises Questions About Accuracy of Louisiana Citizens’ Records
Feb 7 2010 // The Louisiana Legislative Auditor’s Office said an audit of Louisiana Citizens Property Insurance Corp. for 2008 found enough problems that it could not issue an opinion on the accuracy of the insurer’s...
Hanover Wants to Shift Some Louisiana Policyholders
Feb 5 2010 // The Hanover Insurance Group has asked state insurance regulators for permission to shut down two of the three property insurance companies it operates in Louisiana and shift about half of the affected 15,500 policyholders...
Report: Economic Benefits of Levees Outweigh Flooding Costs
Feb 4 2010 // Despite the massive flooding resulting from levee breaches and storm surge during Hurricane Katrina in 2005, the economic benefits provided by flood control measures in Southeast Louisiana far outweigh the costs of...
Louisiana Agent Accused of Insurance and Bank Fraud
Feb 3 2010 // The Louisiana Department of Insurance says a Baton Rouge agent has been served with two cease and desist orders, and two fine notices, for alleged insurance fraud, bank fraud, issuing worthless checks, filing false public...
Louisiana Insurance Department Appoints Cherry to Direct Public Affairs
Feb 1 2010 // Louisiana Commissioner of Insurance Jim Donelon has named Lori Joubert Cherry to serve as Deputy Commissioner of Public Affairs where she will manage the department’s public relations activities. Her appointment was...
Louisiana Comp Costs Per Claim 35% Higher than Most States
Jan 29 2010 // The costs per all paid workers’ compensation insurance claims in Louisiana averaged 35 percent higher than the typical study state, according to a Massachusetts-based research group that studies workers’...
New Orleans Hospital Settles Post-Katrina Wrongful Death Lawsuit
Jan 28 2010 // Pendleton Memorial Methodist Hospital in New Orleans and its corporate parent have settled a wrongful-death lawsuit brought by the family of a 73-year-old woman who died after Hurricane Katrina left the hospital without...
Audit Questions Security of Louisiana Citizens’ Computer Systems
Jan 27 2010 // Louisiana’s property insurer of last resort allowed too much access to computer systems, opening the door for potential fraud, and failed to take enough steps to make sure that policy applicants were eligible for...
Counties with Levees Are Some of the Nation’s Most Economically Sound, Report Says
Jan 25 2010 // Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods. Yet hardly anyone gives them a second thought until one is breached. The most glaring...
Report: Counties with Levees Are Among the Nation’s Most Economically Sound
Jan 24 2010 // Flooding Costs Are Outweighed by Regional Economic Benefits Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly...
Louisiana’s Plaquemines Parish OKs St. Bernard Levee Plan
Jan 20 2010 // Resolving what could have been a four-month delay to a crucial piece of the levee system around St. Bernard Parish, Louisiana, the Plaquemines Parish Council has approved a plan for a small stretch of the project to cross...
Entergy, Insurers File Second Suit Against Corps Over Katrina Flooding
Jan 19 2010 // Entergy Corp. has filed a second suit against the Army Corps of Engineers over flooding that followed Hurricane Katrina, leaving behind hundreds of millions of dollars to power systems and higher rates for hundreds of...
Louisiana Citizens Shedding More Homeowners Policies
Jan 19 2010 // Louisiana Citizens Property Insurance Corp., which insures homes and commercial properties shunned by private companies, continues to shed policies. The company’s chief executive officer, John Wortman, said he hopes...
Louisiana AG Sues Chinese Drywall Manufacturers and Distributors
Jan 14 2010 // Louisiana Attorney General Buddy Caldwell filed suit in Orleans Parish against multiple Knauf entities, other international and domestic manufacturers, distributors, importers of alleged toxic Chinese drywall. Several...
State Farm Seeking 19.1 Percent Statewide Rate Hike in Louisiana
Jan 11 2010 // State Farm Fire and Casualty Co., Louisiana’s largest homeowners insurer, has asked insurance regulators for a rate increase that would average 19.1 percent statewide with coastal residents taking the brunt. The...
Louisiana Parish President Quits Amid Federal Probe with Insurance Ties
Jan 11 2010 // Jefferson Parish President Aaron Broussard, a Democrat who rose from small-city mayor to lead Louisiana’s most populous parish, has resigned as federal officials investigated alleged corruption in parish government....
Texas, Louisiana Homeowners Insurance Pricey; Florida Most Expensive
Jan 10 2010 // Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium...
