Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Limited Liability for Farmers Part of Louisiana’s Legislative Success
Jun 27 2008 // Agriculture and Forestry Commissioner Mike Strain, D.V.M. believes his first regular session with the Louisiana Legislature was an overwhelming success for farm and forestry interests. Strain says lawmakers passed 23 of...
Judge’s Ruling Clears Way for Insurance Settlements in Louisiana
Jun 26 2008 // A ruling by a federal judge in New Orleans has cleared the way for thousands of Louisiana Road Home applicants to settle claims against their insurance companies, a lawyer for hundreds of homeowners said. An order issued...
Lawmakers OK Louisiana Workforce Bill
Jun 25 2008 // A bill backed by Louisiana Gov. Bobby Jindal that aims to reform the state’s workforce development system won final legislative approval, the Louisiana Department of Labor announced. The bill, HB 1104, requires the...
Rates Likely to Rise for Citizens’ South Louisiana Policyholders
Jun 25 2008 // Louisiana’s “insurer of last resort” is seeking double-digit increases in homeowners rates across several southeast parishes. The state-backed Louisiana Citizens Property Insurance Corp. would raise rates...
Louisiana Named Storm Deductible Bill Sent to Governor
Jun 24 2008 // Insurance companies providing coverage in Louisiana should be allowed to adjust their “named storm” deductibles on homeowner policies depending on properties’ distance from the Gulf of Mexico, according...
Port of New Orleans Braces for Storm Season with Satellite Office
Jun 23 2008 // The Port of New Orleans has set up a “satellite” office and taken steps in case another storm strikes the southern Louisiana coast during the 2008 hurricane season, an official said Friday. “We’ve...
Louisiana Senate Approves Higher Car Insurance Minimums
Jun 19 2008 // The Louisiana Senate has agreed to a bill that would raise auto insurance rates in 2010 for more than one million Louisiana motorists by increasing the minimum liability coverage required for drivers. Louisiana law...
LA’s Best Insurance Services Acquires Mid-C Insurance
Jun 17 2008 // Los Angeles, Ca. LA’s Best Insurance Services acquired Mid-C Insurance Services on May 30th, 2008. Terms of the transaction were not disclosed. Mid-C Insurance was established 50 years ago and specializes in Personal...
Overlooked Heavy Construction Segment Includes Significant Small Firm Opportunity
Jun 16 2008 // Louisiana, Washington Rank High for Heavy and Civil Engineering Construction Business Within the broader construction industry sector, heavy and civil engineering construction (NAICS 237) is an often overlooked segment....
Private Firms Take Homeowners Policies From Louisiana Citizens
Jun 13 2008 // Private insurers are taking more than 26,000 homeowners policies from Louisiana’s state-backed insurance company in return for millions in taxpayer money, Insurance Commissioner Jim Donelon said. Donelon credited...
Louisiana Gauging Interest in Home Elevation Grants
Jun 12 2008 // Louisiana residents who have applied to the state’s Road Home program have until June 16 to return forms indicating whether they’re interested in receiving grants to elevate homes they’re rebuilding after...
Louisiana House OKs Bill on Regional Storm Deductibles
Jun 12 2008 // Insurance companies should be allowed to adjust their so-called “named storm” deductibles on homeowner policies, depending on properties’ distance from the hurricane-prone Gulf of Mexico, according to a...
Delegation from Louisiana to Visit North Dakota to Share Disaster Lessons
Jun 10 2008 // A delegation from St. Bernard Parish in Louisiana is to visit the Grand Forks area this week to share disaster lessons. St. Bernard Parish President Craig Taffaro is to lead the delegation of about a dozen people in...
Federal Appeals Court Takes on Louisiana’s Case Against Insurers
Jun 6 2008 // A federal appeals court agreed to hear a lawsuit that Louisiana’s former attorney general filed against some of the nation’s largest insurance companies after Hurricane Katrina. The 5th U.S. Circuit Court of...
State Farm Dropping Auto Rates in Louisiana by 2.5%
Jun 5 2008 // State Farm insurance says it’s lowering auto coverage rates in Louisiana by an average of 2.5 percent at the end of June. The company says that represents an annual savings of $22.4 million to its customers. State...
La. Train Derailment Highlights Need for Safety Measures
Jun 3 2008 // More than 3,000 residents of Lafayette, La., were evacuated May 17, 2008, when a train derailed, spilling 10,000 gallons of hydrochloric acid. The Associated Press reported that the wreck spread a toxic cloud over...
Southwest La. Couples Lose Appeal in Valued Policy Law Case
Jun 2 2008 // A federal appeals court says people whose houses were destroyed by Hurricane Rita’s wind and floods cannot make insurance companies pay the full value of their policies. The 5th U.S. Circuit Court of Appeal upheld a...
Louisiana Minimum Auto Insurance Bill Stalls in Senate
Jun 2 2008 // A bill that would raise mandatory minimum auto insurance levels stalled in a Senate committee when its chairman declined to break a tie vote. Louisiana law now requires car and truck owners to have “10-20-10”...
Ratings Recap: Safe, Philadelphia, Premier, Starr Indemnity, Hanover, LUBA, Premier, American Underwriters
Jun 2 2008 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating (ICR) to “a-” from “bbb” of Safe Insurance...
Louisiana Train Derailment Highlights Need for Railroad Safety Measures
Jun 2 2008 // Lafayette incident notwithstanding, rail accidents down nearly 25 percent nationally More than 3,000 residents of Lafayette, La., were evacuated May 17, 2008, when a train derailed on a bridge, spilling 10,000 gallons of...
