Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Louisiana Issues Additional Fines Against Marksville Agent and Agency
Dec 3 2009 // A Marksville, La., agent and her agency who was fined by the Louisiana Department of Insurance in November for allegedly allowing employees to conduct insurance business without a license has been fined again for similar...
TAPCO Underwriters Expands Into Alabama and Louisiana
Dec 3 2009 // Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance...
Louisiana State Police: No Seatbelts in More than 80% of Holiday Fatalities
Dec 1 2009 // The Louisiana State Police says it investigated eight fatal crashes on Louisiana highways during the Thanksgiving holiday period of November 27 through November 29. These crashes resulted in 16 deaths across the state. The...
Analysis: Despite Economy, Louisiana-Based Companies Growing
Nov 25 2009 // Despite the complexities of the nation’s worst economic downturn in decades, some Louisiana-based companies are showing surprising growth. The state recently has seen its count of homegrown Fortune 500 companies...
Louisiana Commissioner: Help Available for Victims of Chinese Drywall
Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...
Katrina MRGO Ruling Could Bring New Deluge of Lawsuits
Nov 23 2009 // A landmark court ruling blaming the Army Corps of Engineers’ “monumental negligence” for some of the worst flooding from Hurricane Katrina could lead to a new deluge: billions of dollars in legal action...
Louisiana Agency Owner, a Jefferson Parish Official, Retires Amid Probe
Nov 20 2009 // Jefferson Parish’s embattled chief administrative officer, Tim Whitmer, is retiring as federal investigators began subpoenaing records of his private company’s insurance work with government agencies in...
Bill Would Protect Insureds With Defective Drywall Complaints
Nov 18 2009 // U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew homeowners’ policies as the result of Chinese drywall in...
Louisiana Agent, Agency Sanctioned for Unlicensed Employee
Nov 16 2009 // A Marksville, La., agent and her agency have been issued cease and desist orders, summary suspensions and fine notices for allegedly allowing an employee to conduct the business of insurance without a license, the...
States Back Federal Role in Insuring Natural Catastrophes
Nov 15 2009 // After Decades of Discussion, States Adopt 3-Tired Plan Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance...
The Mississippi Supreme Court’s Anti-Concurrent Clause Decision
Nov 15 2009 // How Far Will It Go? On Oct. 8, 2009, the Mississippi Supreme Court handed down its opinion in Corban v. USAA, in which it addressed the enforceability and application of “Anti- Concurrent Cause” clauses (ACCs)...
Louisiana Department of Insurance Cracks Down on Alexandria Agents
Nov 13 2009 // In separate actions the Louisiana Department of Insurance has issued cease and desist orders, and fine notices, to four individuals accused of inappropriately conducting the business of insurance in that state. A former...
$5M Chinese Drywall Program Approved by Louisiana Recovery Authority
Nov 13 2009 // The Louisiana Recovery Authority has given its final approval to creation of a $5 million program to help some homeowners rehabilitate property with Chinese drywall problems. The program will require legislative and...
Tropical Storm Ida Pounds Gulf States with High Winds, Heavy Rains
Nov 10 2009 // A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy production. Ida, once a Category 2...
Louisiana: Agent Allegedly Provided Fake Proofs of Insurance
Nov 10 2009 // A Ville Platte, La., insurance agent has been issued a cease and desist order, summary suspension of his licenses and fine notice for allegedly providing fraudulent proofs of insurance. The Louisiana Department of...
Hurricane Ida Kills 124 in El Salvador; Heading for Gulf Oil Fields and U.S.
Nov 9 2009 // Hurricane Ida headed toward oil and gas facilities in the central Gulf of Mexico on Monday on a path to the U.S. Gulf Coast after killing 124 people in El Salvador following floods and mudslides. U.S. oil companies were...
Corps Begins $1B Barrier Project for Western New Orleans
Nov 6 2009 // Mindful that the suburban West Bank of New Orleans has regained its pre-Hurricane Katrina population and is primed for growth, the Army Corps of Engineers is launching a $1 billion effort to keep the next storm at bay. The...
Louisiana Researcher: Recent Sex Scandals a Lesson for Managers
Nov 2 2009 // Recent high profile sex scandals involving entertainer David Letterman and ESPN baseball analyst Steve Philips serve as an important reminder for business managers to ensure their companies have strong sexual harassment...
It Figures
Nov 1 2009 // $12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG...
Louisiana Citizens Rate Increase Will Be Less Than Expected
Nov 1 2009 // A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the company’s CEO John Wortman said. Instead, the average...
