Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Hale Awarded Scholarship from Louisiana Workers’ Comp Insurer
Jan 23 2009 // The Louisiana Workers’ Compensation Corporation (LWCC) announced that Kevin Paul Hale of Baton Rouge, La., has been selected as the 2008 recipient of the Stephen W. Cavanaugh Scholarship. LWCC established the Stephen...
State Audit Raises Questions About Louisiana Road Home Data
Jan 22 2009 // Errors in the loading of tax data resulted in a need to re-examine the eligibility of more than 12,500 Road Home applicants, according to a state legislative auditor’s report that also raised other questions about...
Louisiana Agent Who Pocketed Premiums Gains Fine, Loses License
Jan 22 2009 // A Gretna, La., insurance agent has been issued a cease and desist order, notice of license revocation and fine for misappropriation of premiums and felony theft, the Louisiana Department of Insurance reported. Nancy Marie...
Boudreaux Appointed to Head Louisiana Insurance Fraud Unit
Jan 16 2009 // Louisiana Commissioner of Insurance Jim Donelon has named Paul Boudreaux Jr. as the new director of the Insurance Fraud Section at the Louisiana Department of Insurance. Boudreaux replaces Trent Beach who recently took the...
Louisiana State Police Say Roads Safer Due to Increased Enforcement
Jan 15 2009 // Increased enforcement on the state’s roadways by Louisiana State Police troopers has led to a decrease in the number of fatal crashes, injury crashes, and even minor property damage crashes, the LSP says. State...
Work on Hurricane Protection System in Louisiana Begins
Jan 15 2009 // Louisiana Governor Bobby Jindal announced that the state and parish are breaking ground on a three-mile, $6.9 million stretch of the Morganza to-the-Gulf Hurricane Protection System in Chauvin. This project is designed to...
La. Ranks High For Safe Driving Laws, Other S.C. States, not so Much
Jan 14 2009 // A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto...
Waiver Granted for Mobile Homes in Louisiana’s Cameron Parish
Jan 12 2009 // The Federal Emergency Management Agency has announced it would allow mobile homes for hurricane victims in areas that new maps indicate are at risk of future flooding in Cameron Parish. But the occupants must be out of the...
Insurance Price-Fixing Lawsuit Dismissed in Louisiana
Jan 11 2009 // A federal judge in New Orleans in late December 2008 dismissed an antitrust lawsuit Louisiana’s former attorney general filed against some of the nation’s largest insurance companies after hurricanes Katrina...
Business Moves
Jan 11 2009 // Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1,...
Louisiana Commissioner: 7 Percent Hike Appropriate for Citizens
Jan 8 2009 // Insurance Commissioner Jim Donelon says plans by the state’s so-called “property insurer of last resort” to raise rates by an average of 7 percent in April are appropriate. The much-amended rate increase...
Louisiana Homeowners to Get Cash From Insurance Incentive Fund
Jan 7 2009 // Louisiana homeowners could receive cash from the unused portion of an expired pot of government money used to lure insurance companies to the state, Insurance Commissioner Jim Donelon said. Donelon estimated the checks...
Audit of Louisiana Citizens Says Lack of Board Oversight Hurt Company
Jan 5 2009 // The latest look at Louisiana’s state-backed insurance company says lack of board oversight caused a number of problems that hurt the company’s ability to reliably start, authorize, record, process or report...
Louisiana Med Liability Insurer to Return 20% Dividend to Policyholders
Dec 30 2008 // Louisiana Medical Mutual Insurance Company reported it will return a 20 percent dividend to all LAMMICO policyholders in Louisiana and Arkansas. Nearly 6,000 policyholders will be affected; the dividend amount is based on...
Brown & Brown Acquires Louisiana’s Insurance 1 Inc.
Dec 22 2008 // Brown & Brown Inc. announced it is acquiring Alexandria, La.-based Insurance 1 Inc. With annualized revenues of approximately $800,000, Insurance 1 focuses on property and casualty, as well as health and life...
Katrina Recovery Program: New Push to Help Small Landlords
Dec 19 2008 // An $849 million Hurricane Katrina recovery program hobbled by red tape and the national credit crunch will seek to issue rebuilding money directly to small landlords without the involvement of banks, officials said Dec....
Brown & Brown Acquires Louisiana Agency
Dec 18 2008 // Florida-based Brown & Brown Inc. announced it has acquired Alexander & Bolton Inc., of Alexandria, La. Alexander & Bolton, founded in 1890, is one of Louisiana’s longest operating insurance agencies....
Judge Orders Lawyer in Louisiana Citizens Insurance Case Jailed
Dec 17 2008 // A lawyer was led out of a New Orleans court in handcuffs Dec. 15 after an altercation with another attorney on the rival side of a hurricane insurance case. A state judge in New Orleans held attorney J. Robert Ates in...
Hallmark Financial Services E&S Carrier Expands Into Texas, Louisiana
Dec 16 2008 // Hallmark Financial Services Inc. (Hallmark), based in Fort Worth, Texas, reported its subsidiary TGA Insurance Managers Inc. (TGA) will start issuing excess and surplus lines policies through its affiliate Hallmark...
Construction Worker’s Widow Sues Over Louisiana Bridge Accident
Dec 15 2008 // The widow of a construction foreman who died in October after he and nine other workers fell from the bridge they were building filed a lawsuit against the state of Louisiana and two companies involved in the project. The...
