Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Teen Confesses To Arson in Louisiana Apartment Complex
Nov 4 2008 // A teenager already in custody has been booked with arson in connection with a January fire at the Village Square apartments in Chalmette, La. The sheriff’s office says the teenager, who is now 17 but was 16 at the...
Louisiana School Fire Damage Estimates Near $5 Million
Nov 4 2008 // An overnight fire at the St. Helena Central High School left the building a total loss, Louisiana Fire Marshal Butch Browning said on Nov. 3. “I’d say there are between $4 and $5 million in damages,”...
Brooke Corp. Troubles Continue as Stock is Sold
Nov 2 2008 // Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has...
Bright Spots and Challenges Go Hand in Hand in Louisiana
Nov 2 2008 // Despite the challenges faced by the state of Louisiana since Hurricanes Katrina and Rita wrought their havoc in 2005, there are bright spots in the state’s property casualty insurance industry, says Louisiana...
$115M Settlement in Louisiana Teachers’ Fund Dispute With Former AIG Execs
Nov 2 2008 // The Delaware Chancery Court has given preliminary approval to a $115 million settlement in a shareholder derivative action brought by the Teachers’ Retirement System of Louisiana against four former AIG executives...
Louisiana Saints’ Nesbit Files Lawsuit Against Diet Pill Manufacturer
Oct 30 2008 // New Orleans Saints offensive guard Jamar Nesbit filed suit against the maker of a weight-loss supplement on Oct. 26, alleging it was improperly spiked with a diuretic that is banned by the NFL. The lawsuit against the...
Storms Take Toll on Louisiana Nonfarm Jobs
Oct 29 2008 // Louisiana experienced a loss of 17,500 jobs in the seasonally adjusted number of nonfarm jobs from August to September 2008, the Louisiana Workforce Commission announced recently. However, the September nonfarm job total...
Insurance Checkpoints Continue to be a Priority in Louisiana
Oct 24 2008 // Louisiana State Police reported that due to the high numbers of uninsured drivers identified during recent insurance checkpoints conducted throughout the state, state troopers will continue random checks for insurance...
Jury Convicts Louisiana Woman in Money Laundering Scheme
Oct 23 2008 // A federal jury has convicted a woman of conspiring with a former Louisiana lawmaker to conceal her illegal operation of an insurance business by laundering money. Prosecutors contend Gwendolyn Moyo sold bogus construction...
Louisiana Money Laundering Case Deliberations Resume
Oct 22 2008 // A jury of six men and six women in New Orleans resumed deliberations Oct. 21 in the money laundering trial of Gwendolyn Moyo related to the alleged operation of an illegal insurance company. Moyo, 53, is accused of 41...
SBA: $50M Approved for Louisiana Storm Victims
Oct 20 2008 // The U.S. Small Business Administration says it has approved more than $50 million in low-interest loans to Louisiana homeowners, renters and businesses that suffered damages in September 2008 hurricanes. The SBA is the...
LA Public Transit Faces Dilemma Due to AIG Demise
Oct 20 2008 // Two public transportation agencies in Southern California are facing a financial dilemma and possible service cuts after a major lender fell victim to the nationwide economic crisis. Los Angeles County Metropolitan...
Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture
Oct 20 2008 // Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it...
Assessment of Ike’s Environmental Damage Begins
Oct 20 2008 // Hurricane Ike’s winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage is now becoming apparent: At least a half million gallons of crude oil spilled...
Louisiana Citizens to Shuttle 40,000 More Policies
Oct 20 2008 // Insurer Raising Rates 14% Statewide Six insurance companies, some participating in the Insure Louisiana Incentive Program, want to assume 46,898 policies from the Louisiana Citizens Property Insurance Corporation by Dec....
Louisiana Citizens Settles Policyholder Lawsuits for $35 Million
Oct 17 2008 // Louisiana’s state-run insurer of last resort has reached a $35 million agreement with policyholders to resolve claims that the insurer failed to offer settlements for hurricane claims in a timely fashion after...
Louisiana High Court Rejects Insurance Liquidation Case
Oct 16 2008 // A long-running case dating back to numerous insurance company collapses in Louisiana during the 1990s has been thrown out by the Louisiana Supreme Court. In a 6-1 decision, the high court tossed a $1.2 million award to the...
Louisiana Producer Charged With Submitting Falsified Claims
Oct 16 2008 // An Alexandria, La., licensed insurance producer has been issued a cease and desist order and summary suspension for allegedly submitting falsified claims, the Louisiana Department of Insurance reported. Stacy Buie...
FEMA Extends Hurricane Ike Housing Deadline in Louisiana
Oct 14 2008 // The Federal Emergency Management Agency has extended its deadline for providing temporary housing for evacuees of Hurricane Ike in Louisiana. Gov. Bobby Jindal says FEMA will now provide temporary housing until Oct....
Louisiana State Senator Pleads Guilty in Money Laundering Case
Oct 13 2008 // Louisiana State Sen. Derrick Shepherd has pleaded guilty in federal court to one count of conspiracy to commit money laundering in a case involving alleged illegal operation of an insurance business. Shepherd, D-Marrero,...
