Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
New Corps Chief Says He’s Committed to Rebuilding New Orleans
Jun 5 2007 // A year after his predecessor acknowledged the Army Corps of Engineers’ responsibility for the catastrophic flooding in Hurricane Katrina, the newly appointed head of the agency toured this still-battered city May 31...
Property insurance rate hikes in store for La.
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission...
La. sees rate decreases in workers’ comp filings
Jun 4 2007 // Workers’ compensation insurance rates are decreasing in Louisiana, according to Commis-sioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for...
Declarations
Jun 4 2007 // Declarations If they can do it “Forty-nine other states feel comfortable with their departments of insurance regulating ratemaking.” — Louisiana Sen. Julie Quinn, R-Metairie. The Senate passed a...
News Currents
Jun 4 2007 // La. sees rate decreases in workers’ comp filings Workers’ compensation insurance rates are decreasing in Louisiana, according to Commissioner of Insurance Jim Donelon. Donelon attributes the positive change to...
Property insurance rate hikes in store for La.
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission...
Nonfarm Job Growth Continues in La.
Jun 1 2007 // Louisiana gained 69,500 seasonally adjusted nonfarm jobs between April 2006 and April 2007, bringing the total number of jobs in the state to 1,905,200, the Louisiana Department of Labor announced...
La. Citizens Insurance Lacks Paperwork for Much of its Spending
May 31 2007 // Louisiana’s state-run insurance company of last resort for homeowners in storm-prone areas paid almost $300,000 for consultant services and expenses from 2004 to 2006, but lacked paperwork to back up almost...
La. Senate OKs Bill to Increase Coverage, Costs of Car Insurance
May 31 2007 // Car insurance requirements in Louisiana would be increased, boosting insurance costs for thousands of drivers who carry the minimum insurance needed, under a bill approved by the Senate recently. Supporters of the bill by...
La. Officials’ Insurer Sponsored Trips may Have Broken Law
May 30 2007 // Hunting and fishing trips taken by state officials and paid for by the state-run insurer of last resort, may have broken the law, according to a legislative audit report made public May 28. The audit found that Louisiana...
La. Legislative Session at Mid-point with Most Bills Still Hanging
May 30 2007 // Halfway through the legislative session, spending plans and tax cut proposals are at odds, insurance relief proposals in post-hurricane Louisiana are under negotiation, and most major bills still are awaiting...
La. Regulators Approve Property Insurance Rate Hikes
May 29 2007 // Louisiana regulators have approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission on May...
La. Senate Votes to Abolish Insurance Rating Commission
May 25 2007 // Louisiana should abolish the commission of political appointees that regulates the insurance industry, the state Senate has voted, a move supported by the insurance industry. Senators voted 30-6 to approve a bill by Sen....
Workers’ Comp Companies Filing Rate Decreases in La.
May 25 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in...
Plan Meant to Lower La. Citizens Rates Wins Panel’s Approval
May 25 2007 // The Louisiana House of Representatives Insurance Committee approved a plan meant to lower homeowners rates charged by Louisiana’s state-backed insurer, despite warnings that it will backfire and exacerbate the...
Corps Plans to Close La. Ship Channel Blamed for Katrina Flooding
May 22 2007 // The U.S. Army Corps of Engineers said it wants to build a $50 million earthen dam to plug a New Orleans-area ship channel blamed for much of the flooding from Hurricane Katrina. The announcement at a meeting in Chalmette,...
News Currents
May 21 2007 // State Farm to reopen 350 hurricane claims in Louisiana Holly Beach, La., October 3, 2005 – Nothing is left of the community of Holly Beach, once home to 300 residents and a favorite destination for thousands of...
La. House Approves Gov.’s $100M Insurance Plan
May 21 2007 // The Louisiana House of Representatives on approved Gov. Kathleen Blanco’s proposals to improve Louisiana’s dismal property insurance market, including using $100 million as financial incentives for insurance...
2007 Property/Casualty State Specialist Insurers
May 21 2007 // 1 Brickstreet Mutual Insurance Co. WV 765,963 2 Texas Mutual Insurance Co. TX 743,095 3 Old American Cty Mutual Fire Insurance Co. TX 491,641 4 SAIF Corp. OR 449,794 5 Universal Property & Casualty...
Declarations
May 21 2007 // Rates going down “Consumers are clearly benefiting from what has turned into a very competitive insurance market. … When it seems like the price of everything else is going up, to hear insurance rates are going...
