Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Supreme Court Won’t Hear Exxon Appeal of Louisiana Damages Award
Apr 21 2008 // The Supreme Court declined Monday to hear an Exxon Mobil Corp appeal over $112 million in punitive damages awarded for radioactive contamination of a 33-acre tract of industrial property in Harvey, Louisiana. Without...
Coast Has Big Influence on Louisiana and Texas Property Markets
Apr 21 2008 // After two mild catastrophe years, states hope to share better coverage options Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the...
La. State Senator Indicted in Relation to Insurance Fraud Case
Apr 21 2008 // A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New...
Professional Services: Do You Know Them When You See Them?
Apr 21 2008 // The complex medical field with its often personalized treatments can be more difficult to define than other professions “Professional services” can have many different connotations, ranging from racy...
La. Supreme Court: Flood Exclusion in Insurance Policy is Not Ambiguous
Apr 21 2008 // Finding the flood exclusion in an insurance policy sold by Lafayette Insurance Company to a New Orleans policyholder is unambiguous, the Louisiana Supreme Court reversed, in part, a previous ruling by a state appeals court...
Case Watch
Apr 21 2008 // Additional Insured Evanston Insurance Co. v. Atofina Petrochemicals Inc., Texas Feb. 15, 2008. Contract provision requiring that refinery “shall be named as additional insured” sufficient to trigger additional...
La. House Committee Approves Bill Limiting Drivers’ Cell Phone Use
Apr 16 2008 // Cell phone use by drivers would be restricted heavily in Louisiana, if the full Legislature agrees to a bill approved by the House Transportation Committee. The measure would ban the use of text-messaging while driving and...
Louisiana Continued to Add Jobs in 3Q 2007, Report Says
Apr 15 2008 // The number of jobs in Louisiana rose during the third quarter of 2007 by 51,855 over the third quarter of 2006, according to the “Louisiana Employment and Wages – Third Quarter 2007” report released by...
La. State Senator Indicted on Insurance Fraud, Conspiracy Charges
Apr 14 2008 // A federal grand jury on April 10 indicted a Louisiana state senator on charges he conspired to launder money for a convicted felon accused of operating an illegal insurance business. Derrick Shepherd, a lawyer from the New...
La. AG Drops Predecessor’s Case Against Biotech Company
Apr 10 2008 // Louisiana’s attorney general has withdrawn a multimillion-dollar antitrust lawsuit his predecessor filed on his final day in office against drug-maker Amgen Inc. Former Attorney General Charles Foti hired several...
La. Supreme Court Upholds Flood Exclusion in Insurance Policy
Apr 9 2008 // Stating that the flood exclusion in an insurance policy sold by Lafayette Insurance Company to a New Orleans area policyholder is unambiguous, the Louisiana Supreme Court has reversed, in part, a previous ruling by a state...
Storm Damage Mitigation May Lead to Discounts for La. Homeowners
Apr 8 2008 // Insurance premium discounts are available in 2008 to homeowners in Louisiana who build or retrofit a structure to comply with the requirements of the State Uniform Construction Code, install damage mitigation improvements,...
Board Members, Former Execs of Louisiana Citizens Target of Lawsuit
Apr 7 2008 // Two policyholders of the Louisiana Citizens Property Insurance Corp. have filed a federal lawsuit against board members and former executives of the corporation, which is the state’s “insurer of last...
Recession? In South Central States it Depends Upon Where You Are
Apr 7 2008 // With some notable exceptions — southern Louisiana for one — the economies of the South Central states seem to be holding steady against the looming prospect of a nationwide recession. Populations are growing in...
Apr 7 2008 // People Rob Arnold has been named president of Houston-based insurance wholesaler Myron Steves. Arnold has been a member of the Myron Steves management team since 1995 and has also served as director of Business...
South La. Lawmakers Seek Rate Cut
Apr 7 2008 // South Louisiana lawmakers are pushing to give some homeowners a 10 percent break on their property insurance, though the legislation faces firm opposition from state Insurance Commissioner Jim Donelon. House Bill 213 could...
Louisiana AG’s Suit Against Insurers Over Katrina Stays in U.S. Court
Apr 4 2008 // Policyholders may not be entitled to recover any money from a sweeping antitrust lawsuit that former Attorney General Charles Foti filed against some of the nation’s largest insurers after Hurricane Katrina, a...
LWCC Promotes Buffone to VP of Risk Management Services
Apr 3 2008 // Louisiana Workers’ Compensation Corporation (LWCC) has promoted Paul D. Buffone to vice president of risk management services. He will oversee risk management services for LWCC, including claims, occupational...
Procedures for Depopulating La. Citizens Property Ins. Corp. Unveiled
Apr 1 2008 // The Louisiana Department of Insurance has issued procedures for the first round of depopulation of Louisiana Citizens Property Insurance Corporation (LCPIC). The procedures were established at a meeting on March 14, 2008....
South La. Lawmakers Seek Rate Cut for Citizens Policyholders
Mar 31 2008 // South Louisiana lawmakers are pushing to give some homeowners a 10 percent break on their property insurance, though the legislation faces firm opposition from state Insurance Commissioner Jim Donelon. The bill could erase...
