Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Donelon: Litigation-Spawned Disaster Looming for Louisiana Citizens
Aug 19 2009 // Louisiana Commissioner of Insurance says a $95 million litigation award against Citizens Property Insurance Company has the potential of creating a disaster for the state-backed insurer of last resort and the state of...
Louisiana Citizens: Lower Assessment Fee but No Rate Hike, Yet
Aug 17 2009 // The governing board of Louisiana’s state-backed property insurance firm on Aug. 13 approved a reduction in a fee imposed on policyholders, money that goes to pay off debt incurred because of Hurricane Katrina...
Louisiana Revokes Shreveport Area Agent’s License
Aug 17 2009 // A Shreveport, La., area agent has been issued a cease and desist order, license revocation notice and fine notice for alleged misrepresentation, the Louisiana Department of Insurance reported. Tanya Mclain Weems was served...
New Louisiana Traffic Laws Aim for Seatbelt Use, Bicyclist Protection
Aug 17 2009 // Back seat passengers will have to buckle up, drivers will need to give a wider berth to bicyclists and slow-driving sightseers will need to stick to the right lane on Louisiana’s highways under the new state traffic...
Louisiana Citizens CEO to Ask for 9% Rate Increase
Aug 13 2009 // The chief executive of Louisiana’s state-backed property insurance company is seeking a 9.2 percent average rate increase for 2010, though he said some policyholders will probably see their rates decrease. John...
Louisiana Retailers Mutual Converts to Holding Company System
Aug 11 2009 // Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurer, has received regulatory approvals from the Arkansas, Louisiana and Mississippi departments of insurance to convert to a mutual insurance...
East Feliciana Parish, Louisiana, Awarded $3.8M in Recovery Grants
Aug 4 2009 // Louisiana Governor Bobby Jindal awarded six grants totaling $3,862,223 to East Feliciana Parish that will go towards hurricane recovery efforts, hazard mitigation and infrastructure improvements. The six grants awarded...
Judge: Louisiana Insurance Commissioner Must Hand Over Documents
Jul 31 2009 // Louisiana Insurance Commissioner Jim Donelon has lost a legal fight with the state’s legislative auditor and said that he’ll give auditors “hundreds of thousands” of documents they demanded from his...
Louisiana’s Jefferson Parish Gets $7.2M to Raise Homes
Jul 30 2009 // Louisiana’s Jefferson Parish now has $7.2 million with which to raise 40 homes out of the danger of floods. The money was awarded to the parish by the Federal Emergency Management Agency and the Louisiana Recovery...
Louisiana Private Sector Sees Jobs Increases in June
Jul 29 2009 // The Louisiana Workforce Commission (LWC) has reported that the number of private sector jobs in Louisiana grew by 700 from May to June, led by increases in most major industry sectors. The job gains were offset largely by...
Challenges to Anti-Concurrent Cause Clauses Linger in Katrina Lawsuits
Jul 27 2009 // Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts...
GAO Reports Detail Problems With Katrina Disaster Response
Jul 23 2009 // As the fourth anniversary of Hurricane Katrina nears, four new reports by Congress’ investigative arm have found a wide range of problems with the federal government’s handling of the storm’s...
Insurance, Federal Payouts Create Medicaid Problem in Louisiana
Jul 22 2009 // Louisiana Gov. Bobby Jindal says post-storm damage payments from insurance settlements and Louisiana’s Road Home program following Hurricanes Katrina and Rita are contributing to a $1 billion Medicaid shortfall for...
Louisiana Unemployment Rate Rises; Jobs Increase in Some Sectors
Jul 21 2009 // Louisiana was among the 38 states that recorded higher unemployment rates in June, but the state has experienced job growth during the past year in certain industry sectors. The Louisiana rate of 6.8 percent remains...
Louisiana Citizens CEO: Rate Hike Probable in 2010
Jul 20 2009 // Louisiana Citizens Property Insurance Corp. CEO John Wortman said the state-backed property insurer will likely seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this...
People
Jul 20 2009 // LoriAnn Lowery resigned her position as president of Lloyd’s North America after a little more than a year on the job. Lowery took over as Lloyd’s North America president in April 2008, replacing long-time...
Further Challenges to Anti-Concurrent Cause Clauses
Jul 20 2009 // Hurricane Katrina brought the question of the validity and applicability of ACCs to the forefront. Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of...
Louisiana Issues Final Data Call for Ike and Gustav Losses
Jul 17 2009 // The Louisiana Department of Insurance has issued a bulletin to all authorized and surplus lines property casualty insurance companies writing business in Louisiana reminding insurers that final submission of loss data from...
Louisiana Agent Accused of Misappropriating Premiums
Jul 15 2009 // A Baker, La., insurance agent has been served with a cease and desist order, notice of license revocation and $1,500 fine notice for alleged misappropriation of premiums. Patikii Je Gibbs (a.k.a. Patikii Gibbs Powell), 55,...
Louisiana Auto Theft, Fraud Authority Launches New Web Site
Jul 13 2009 // Louisiana Commissioner of Insurance Jim Donelon announced that the Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) within the Department of Insurance has launched a new Web site with...
