Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Goodbye Gustav…Hello Hanna, Ike and Josephine
Sep 2 2008 // The good news is that Hurricane Gustav has been downgraded to a Tropical Depression as it moves slowly across northwest Louisiana. The bad news is that Tropical Storms Hanna, Ike and Josephine are gaining speed, according...
Hanna Becomes Hurricane Then Stalls; Heads for Georgia, South Carolina
Sep 2 2008 // According to catastrophe risk modeling firm AIR Worldwide, storm development in the tropical Atlantic was even more active on Tuesday than it was on Monday. Shortly after Gustav came ashore in Louisiana on Monday, Hanna...
Gustav Insurance Losses Significant but ‘Manageable,’ Less than Katrina’s
Sep 2 2008 // Hurricane Gustav, which came ashore southwest of New Orleans on Monday morning, is expected to trigger significant insurance claims but far less than record-setting Katrina did three years ago. “This is a...
As Gustav Winds Down, New Orleans Eyes Damage
Sep 2 2008 // A still-largely deserted New Orleans Tuesday prepared to take stock of damage from Hurricane Gustav after rebuilt levees appeared to hold off a repeat of the flooding caused by Katrina three years earlier. Gustav roared...
U.S. Chemical Makers Report Minimal Hurricane Gustav Damage
Sep 2 2008 // Major chemical makers in the U.S. said Tuesday that initial inspections indicate only slight damage to those facilities that were affected by Hurricane Gustav, but companies are still uncertain about when production is...
Estimate of Insured Losses from Gustav Between $2 and $4.5 Billion
Sep 2 2008 // One risk modeling firm estimates that insured losses to onshore properties in the U.S. are between $2 billion and $4.5 billion, with an expected loss of $3 billion due to Hurricane Gustav. According to AIR Worldwide...
Use of Private Lawyers Questioned in Former La. AG’s Katrina Case
Sep 1 2008 // U.S. District Judge Stanwood Duval has asked Louisiana’s commissioner of administration to review the validity of private attorneys’ contracts to represent the state attorney general in a case over the...
Business Moves
Sep 1 2008 // Apex Global, Benefit Partners Apex Global Partners Inc. acquired Benefit Partners and subsidiaries BP Life and Health Insurance Agency, Benefit Partners Financial Services, BP Risk Partners Insurance Agency and...
Hope for the Best, Prepare for the Worst
Sep 1 2008 // During the 2008 hurricane season, Texas has so far been hit by Hurricane Dolly and Tropical Storm Edouard. The Louisiana coastline, however, has been spared. That state even dodged massive flooding from Tropical Storm Fay...
Louisiana Insurance Commissioner Says Department on Alert for Gustav
Aug 29 2008 // Louisiana Insurance Commissioner Jim Donelon held a press on Thursday, Aug. 28 to discuss the preparations made by the Department of Insurance (DOI) in the event the state is impacted by Gustav as a major hurricane. The...
Louisiana Keeping Eye on Gustav; New Orleans Mulls Evacuation
Aug 28 2008 // Three years after Hurricane Katrina slammed into the Louisiana coast, New Orleans residents Wednesday again faced the prospect of an evacuation as Tropical Storm Gustav loomed. Not since Katrina and Hurricane Rita, which...
AP: New Orleans Repeating Deadly Levee Mistakes
Aug 25 2008 // Signs are emerging that history is repeating itself in New Orleans, still healing from Katrina: People have forgotten what happened after Hurricane Betsy caused catastrophic flooding four decades ago and again believe the...
Louisiana High Court Keeps Katrina Decision
Aug 21 2008 // The Louisiana Supreme Court refused July 8 to reconsider its recent ruling that an insurance company isn’t liable for water damage from the failure of levees in Hurricane Katrina’s aftermath. The court ruled in...
Cleaning Up After Hurricane Katrina
Aug 21 2008 // In both Mississippi and Louisiana, the principal argument in support of the alleged ambiguity was that the flood waters during Hurricane Katrina were pushed ashore by wind, a covered peril, and the flood exclusion did not...
ASI Lloyds Expands Property Coverage Offerings in Louisiana
Aug 19 2008 // ASI Lloyds (ASI), a subsidiary of Florida-based American Strategic Insurance Corp. and an admitted Louisiana insurer, has launched an investor, rental and seasonal dwelling policy for Louisiana properties in addition to...
Insurers Protest Private Lawyers in Former Louisiana AG’s Katrina Case
Aug 18 2008 // A judge in Louisiana has asked a state official to review the validity of private attorneys’ contracts to represent Louisiana’s attorney general in a case over the state’s Road Home hurricane recovery...
Louisiana Ex-Cop, Volunteer Firefighter Pleads Guilty in Arson Case
Aug 15 2008 // A former Amite, La., police officer, who also served as a volunteer firefighter in Roseland, has pleaded guilty to 13 counts of simple arson. District Judge Elizabeth Wolfe sentenced 23-year-old Lee Allen Widas to five...
Louisiana Med Mal Insurer Funds 4 Med School Scholarships in 2008
Aug 15 2008 // Louisiana Medical Mutual Insurance Company (LAMMICO), which provides medical liability insurance for health care practitioners in Louisiana, announced it has funded scholarships for four students at medical schools in that...
Whittington Completes Sale of Americas Insurance to ISG Acquisition
Aug 11 2008 // The Singapore-based Whittington Group announced that it has completed the sale of Americas Insurance Company, its non-core US insurer in run-off, to ISG Acquisition II LLC, the specialist acquisition arm of Independent...
Louisiana Workers’ Compensation Carrier Boosts Q2 Earnings
Aug 8 2008 // Louisiana-based Amerisafe Inc., which provides workers’ compensation insurance for small to mid-sized companies in hazardous industries, recorded a 13 percent increase in second-quarter profit despite a slight...