Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Court affirms flood exclusions in La. property policies
Aug 20 2007 // Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the validity of flood exclusions in property insurance...
News Currents
Aug 20 2007 // Court affirms flood exclusions in La. property policies Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the...
Katrina at Two Years
Aug 20 2007 // Two years after Hurricane Katrina struck, the “overwhelming majority of claims” in Gulf Coast states from her destruction have been settled in what has been the single largest loss — $40.6 billion —...
21% Property Rate Hike Approved in La. May Affect 8,500
Aug 17 2007 // Louisiana regulators approved a property insurance rate change on Aug. 15, a statewide average rate increase of over 21 percent that will affect roughly 8,500 policyholders. The Louisiana Insurance Rating Commission...
Jury Selection Begins in La. in Katrina Nursing Home Trial
Aug 16 2007 // Attorneys in St. Francisville, La., prepared Aug. 15 to try to select the final jurors to hear the case of a couple charged with negligent homicide in the deaths of 35 patients at their nursing home following Hurricane...
State Farm to Write More Homeowners Insurance in La.
Aug 15 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that beginning Aug. 15, 2007, State Farm will resume writing new homeowners insurance policies in Louisiana’s coastal parishes on a limited basis for...
La. Judge: No Basis for Suit to Make State Sue Insurance Companies
Aug 13 2007 // A judge in Baton Rouge, La., threw out a request to make state officials sue insurance companies for hurricane repairs on public property, saying the suit neither named any companies to sue nor listed any specific damaged...
La. Commissioner Plans to Abolish ‘Secretive’ Bureaucratic Layers
Aug 13 2007 // Calling them “confusing and secretive layers of bureaucracy,” Louisiana Insurance Commissioner Jim Donelon announced plans to abolish the Property Insurance Association of Louisiana (PIAL) and the Louisiana...
Mohr Named President of La. Independent Agents Association
Aug 13 2007 // The Independent Insurance Agents and Brokers of Louisiana announced that Jeffrey M. Mohr, of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, recently was named president of the organization. Mohr previously...
La. Posts New Online Personal Lines Rate Comparison Guides
Aug 10 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that new online auto and homeowners rate comparison guides are now available for viewing on the Department of Insurance Web site at www.ldi.state.la.us. “The...
La. Independent Agents Group CEO Lauds Flood Limitation Rulings
Aug 8 2007 // The CEO of a major insurance agent trade group in Louisiana says two recent federal appeals court decisions affirming flood limitations in property policies will enhance the state’s recovery from Hurricane...
Katrina at Two Years: $40.6 Billion Paid on 1.7 Million Insurance Claims
Aug 7 2007 // Two years later, the “overwhelming majority of claims” in Gulf Coast states from Hurricane Katrina have been settled in what has been the single largest loss — $40.6 billion — in the history of the...
La. Citizens’ Bonds Upgraded
Aug 6 2007 // Standard & Poor’s Ratings Services has removed Louisiana Citizens Property Insurance Corp. bonds from its CreditWatch negative list and upgraded the bonds’ outlook to stable. “Probably the most...
It Figures
Aug 6 2007 // 500 The number of current and former residents of a West Dallas, Texas, neighborhood who showed up for an asbestos screening in July. The neighborhood was also home to a vermiculite plant. Parkland Memorial Hospital was...
Blanco, Donelon and business coalition deliver market reform laws
Aug 6 2007 // The 2007 legislative session in Louisiana resulted in three major pieces of legislation recently signed into law which will improve the ability of insurers to rate and underwrite homeowners insurance on a more competitive...
La.’s minimum auto coverage stays the same; Citizens won’t be sold all at once
Aug 6 2007 // In mid-July, Louisiana Gov. Kathleen Blanco vetoed two major pieces of insurance legislation passed by state lawmakers in 2007. One would have raised the minimum auto liability coverage requirement for the state’s...
Construction, Insurance Costs Eating Into Rental Repair Aid in La.
Aug 1 2007 // Rental housing programs for storm-damaged south Louisiana won’t rebuild as many rental units as state officials had hoped because of skyrocketing construction and insurance costs, a Louisiana Recovery Authority...
FEMA: La. Sees Drop in New Flood Policies
Jul 31 2007 // A large number of people who bought flood insurance after the devastating 2005 hurricane season have not renewed their policies, according to Federal Emergency Management Agency figures. About 100,000 new flood insurance...
La. Couple Admits Staging Car Crashes
Jul 30 2007 // A New Orleans man and woman have admitted that, from 1997 through 2004, they collected at least $51,000 in insurance on fender-benders they caused on purpose. Elton Calloway, 36, and Rosalyn Bradley, 28, were ordered to...
La. Tax Agency Issues New Insurance Tax Credit Form
Jul 27 2007 // Louisiana taxpayers due a credit because of insurance assessments can use a new form to get the money, rather than waiting until the 2008 tax season, the state Department of Revenue said. The credit is available to nearly...
