Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Guns in Locked Cars at Workplace OK under Louisiana Senate Bill
May 23 2008 // Employees in Louisiana would have the right to keep a legally owned firearm locked in their car in a parking lot at their place of work, if the House goes along with a bill approved 28-4 in the state Senate. Senator Joe...
Louisiana House OKs Car Insurance Hike
May 21 2008 // Louisiana should raise the minimum level of required automobile insurance, the House of Representatives voted on May 19, an increase that would mean higher insurance costs for over 1 million motorists. Supporters of...
Train Derailment, Acid Leak Forces Louisiana Evacuation
May 19 2008 // Six cars of a freight train derailed Saturday, May 17, causing a hydrochloric acid leak that forced thousands of people to leave homes, businesses and a nursing home within one mile of the wreck. The spilled acid sent a...
October Trial Date Set for La. Legislator in Insurance Fraud Case
May 19 2008 // A federal judge set an Oct. 6 trial date for a Louisiana legislator charged with helping launder money for a woman accused of illegally selling insurance. Sen. Derrick Shepherd, who was indicted in April, did not appear in...
It Figures
May 19 2008 // $1.5 Billion The Texas Windstorm Insurance Association is asking the Texas Department of Insurance for the go-ahead to purchase $1.5 billion in catastrophe reinsurance coverage over a retention of $600 million. TWIA is...
South Central Workers’ Comp Markets Show Signs of Improvement
May 19 2008 // Arkansas Workers’ comp premium rates in Arkansas will continue on the declining path they have followed since the state passed workers’ compensation legislative reform in 1993, when a 12.8 percent rate decrease...
Injury Hotspots From Coast to Coast
May 19 2008 // Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the...
Louisiana Legislature Doing Homework on Insurance, Lobbyist Says
May 16 2008 // About 55 percent of the lawmakers in the 2008 Louisiana Legislature are new to the job but they are doing their homework on insurance issues, one surplus lines insurance industry representative says. David Tatman of Baton...
Court to Hear Appeal in Former Louisiana AG’s Katrina Antitrust Suit
May 14 2008 // A federal appeals court in New Orleans agreed to consider whether an antitrust lawsuit that former Louisiana Attorney General Charles Foti filed against some of the nation’s largest insurance companies belongs in...
Louisiana Citizens CEO Gets Raise
May 14 2008 // Louisiana’s insurer of last resort collected $4 million extra in reinsurance from the 2005 hurricanes and, at the suggestion of the state insurance commissioner, rewarded its chief executive with a 10 percent...
Workers’ Comp Costs-Per-Claim in High Louisiana, Research Group Says
May 12 2008 // Workers’ compensation costs per claim in Louisiana were 28 percent higher than the median of 14 study states for a similar set of 2003/2006 claims, according to a new study by the Cambridge, Mass.-based Workers...
Alabama Joins 3 other Katrina-stricken States to Update House Panel
May 12 2008 // An Alabama official estimates the state needs between $100 million to $110 million – double its allocated federal aid – to address persistent housing needs in 22 counties declared disaster areas from Hurricane...
Louisiana House Panel OKs Hike in Car Insurance Minimum
May 9 2008 // In a move that insurers say could lead to Louisiana having the highest auto insurance liability rates in the nation, a House of Representatives committee has approved HB 1312, which would raise the minimum insurance...
Louisiana House Committee OKs Repeal of Motorcycle Helmet Law
May 8 2008 // The Louisiana House Transportation committee has voted to approve a bill under which the state would stop forcing adult motorcyclists to wear helmets. Instead bikers would be required to undergo safety training before...
Ratings Recap: Calif. Auto/Mercury, Arrowhead, Louisiana Farm, Chubb, Triad
May 8 2008 // Standard & Poor’s Ratings Services has raised its counterparty credit and financial strength ratings on California Automobile Insurance Co. (California Auto) to ‘A+’ from ‘A’. S&P...
House Panel Approves Changes to Louisiana Building Codes
May 7 2008 // A Louisiana House committee has approved changes to the statewide building code, including a provision aimed at easing the construction inspection process in north Louisiana. North Louisiana lawmakers in particular have...
Louisiana Citizens Insurance Begins Transferring Homeowners Policies
May 7 2008 // The Louisiana Citizens Property Insurance Corp., the state-sponsored insurer of last resort, will be nearly its pre-Hurricane Katrina size after responsibility for 30,000 homeowner policies is transferred to private...
Sloan Mason Opens Louisiana Office with Focus on Marine, Energy
May 6 2008 // San Diego, Calif.-based MGA and wholesale insurance broker Sloan Mason Insurance Services opened a new office in New Orleans, La. Sloan Mason specializes in the marine and energy business and will introduce specialty...
La. Suspends License, Fines Agent Accused of Pocketing Premiums
May 5 2008 // Jennifer Mason Hudspeth, a Lacombe, La., area insurance agent facing charges that she misappropriated insurance premiums has been served with a cease and desist order, summary suspension and a $5,000 fine notice for...
La. Senate OKs Regional Deductibles for Homeowners Policies
May 2 2008 // The Louisiana Senate voted to allow insurance companies to set different, “named storm” deductibles on homeowner policies depending on how far a property is from the hurricane-prone Gulf of Mexico. Louisiana is...
