Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Citizens to Pay Class Action Attorneys, Rather than Post Appeal Bond
Sep 7 2009 // Louisiana Citizens Property Corporation avoided what Commissioner of Insurance Jim Donelon had called a potential disaster when it negotiated an agreement to pay a group of attorneys in a class action lawsuit $6 million in...
People
Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....
Business Moves
Sep 7 2009 // Grain Dealers/Main Street Grain Dealers Mutual Insurance Co., an Indiana-domiciled regional property/casualty insurance company, will become an affiliate of Florida-based Main Street America if approved by the Indiana...
Louisiana Commissioner: Don’t Raise Taxes on Reinsurers
Sep 3 2009 // Now that the hurricane season is well underway, Louisianans remember when Katrina came ashore, late in August 2005, with a storm surge that eventually flooded New Orleans and leveled many Gulf Coast towns, costing more...
Louisiana Insurance Chief Seeks Lawsuit Protection for Citizens
Sep 2 2009 // Louisiana Insurance Commissioner Jim Donelon says that he’ll support legislation to give the state’s “insurer of last resort” immunity against certain lawsuits, a proposal that could retroactively...
Louisiana Insurance Bait Car Nabs New Orleans Murder Suspect
Aug 27 2009 // Louisiana Commissioner of Insurance Jim Donelon says two men wanted in connection with a murder in New Orleans were captured after stealing a bait vehicle provided by the Department of Insurance Louisiana Automobile Theft...
Louisiana State Auditor: Insurance Department Owes $692K in Dispute
Aug 26 2009 // The Louisiana Department of Insurance owes $692,000 for legal fees and other costs in a dispute with the Office of the Legislative Auditor over access to internal documents. Insurance Commissioner Jim Donelon sued the...
Louisiana Citizens Set to Appeal $95M Judgment; No Assessment Needed
Aug 24 2009 // The Louisiana Citizens Property Insurance Corporation will file an appeal today of a $95 million award in a class action lawsuit that accused the state-backed property insurer of last resort of taking too long to pay...
Specialty Risk Associates Is Expanding Management Team
Aug 20 2009 // Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team that will become effective Sept. 1. Thomas Garland was named chief operating officer. Garland joined...
California Insurance Firms Help LA Firemen Stay Fit
Aug 20 2009 // Policemen may have the donut problem. But it is firefighters who get all the love these days, as evidenced by the $24,378 gift from Worldwide Facilities, Inc., and Fireman’s Fund Insurance Co. to the Los Angeles Fire...
Foremost’s Distinct ChoiceAuto Program Available in Louisiana
Aug 19 2009 // Foremost Insurance Group has rolled out its new DistinctChoice Auto program in Louisiana. The auto program features increased limits, deductible options and the important coverages that drivers want. The new DistinctChoice...
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...
