Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Engineer Testifies at Trial for La. Hurricane Suit Against Allstate
Apr 12 2007 // An engineer who testified at the trial for a Louisiana couple’s lawsuit against Allstate Insurance Co. said he wrote a report on the plaintiffs’ storm-damaged home without inspecting the property after...
Jury Selection Begins in La. Hurricane Lawsuit Against Allstate
Apr 10 2007 // After Hurricane Katrina demolished Robert and Merryl Weiss’ New Orleans-area home, they were paid hundred of thousands of dollars by their insurance company. But they say it isn’t enough. Jury selection began...
Consultant: La. Citizens last balanced books 18 months ago
Apr 9 2007 // It’s been a year and a half since Louisiana’s insurer of last resort last balanced its checkbook, and its computer backup system loses details of records more than two weeks old, the agency’s board...
News Currents
Apr 9 2007 // La. commissioner proposes $100 million fund to lure insurers to state Louisiana Gov. Kathleen Blanco has set aside $100 million in her budget to cover insurance issues and state Commissioner of Insurance Jim Donelon thinks...
Figures
Apr 9 2007 // 1 The number of Fortune 500 companies still based in Louisiana, according to an Associated Press analysis. Entergy, headquartered in New Orleans, remains the only Fortune 500 company with a corporate home in the state...
La. Citizens CEO Hospitalized, Consultants to Take Over Insurer
Apr 6 2007 // Private consultants will take over management of Louisiana’s state-controlled insurer of last resort after the firm’s outgoing chief physically collapsed and its chief financial officer resigned. Terry Lisotta,...
Allstate Accuses La. Couple of Misrepresenting Claim after Katrina
Apr 6 2007 // Allstate Insurance Co. says a Louisiana couple misrepresented their claim after Hurricane Katrina damaged their home and is asking a federal judge to throw out their lawsuit against the insurer less than a week before...
House Named La. Branch Manager at USG Insurance Services
Apr 6 2007 // USG Insurance Services Inc., a national wholesale broker of commercial insurance headquartered in Tampa, Fla., Announced that Michael House, former Florida and South Carolina branch manager is relocating to Louisiana to...
Consultant: Lack of Staff Hurts La. Citizens’ Recovery
Apr 5 2007 // Louisiana’s insurer of last resort needs new management – and now, the consultant hired to clean up its accounting mess and at least one of its board members agree. “I’m going to move to make...
Travelers Retreats from Confrontation over SBA Loans in La.
Apr 4 2007 // One insurance company is dropping a claim in Louisiana that getting Small Business Administration loans cancels policyholders’ right to sue if they feel their insurance payments are too low, and another company may...
Firm Releases Study of Possible La. ‘Catastrophe Fund’
Mar 30 2007 // A private firm has released its study of how Louisiana would operate a “catastrophe fund,” one of several ideas lawmakers are considering to help ease the state’s property insurance crisis. The study...
Report Pits Oil Against La. Oyster Farmers
Mar 29 2007 // Some oyster farmers in Louisiana may be using unused leases solely in hopes of collecting damage settlements from oil companies, according to a new report that is sparking tension between the seafood and energy...
Former La. Insurance Agent Arrested on Fraud Charges
Mar 29 2007 // The Louisiana State Police Insurance Fraud and Auto Theft Unit announced the arrest of a former Iberia Parish insurance agent on charges of Insurance Fraud and Forgery. Troopers believe David Sampy, 43, of Sugarhill Drive...
Three Arrested in La. for Alleged Insurance Fraud Scheme
Mar 28 2007 // The Louisiana State Police Insurance Fraud and Auto Theft Unit recently announced the arrest of Jeomalyeous Thomas, 24, Eric Mayberry, 29, and Larry Henson, 27, on felony insurance fraud warrants stemming from an alleged...
It Figures
Mar 26 2007 // 6.4% Overall percentage increase in the number of fraud convictions nationwide from 2004 to 2005, according to the Coalition Against Insurance Fraud. The Coalition said states are delivering record results in combating...
Declarations
Mar 26 2007 // Monitoring the process “I will carefully monitor Allstate’s actions throughout this process to ensure that policyholders entitled to reinstatement are fully protected.” — Louisiana Commissioner of...
La. lawmakers support overhaul of Citizens Insurance Company
Mar 26 2007 // Two Louisiana lawmakers said they support a plan to overhaul the state-backed insurance company by opening much of its business to bidding among private firms. Sen. James David Cain, chairman of the Senate Insurance...
Teen drinking – South Central states
Mar 26 2007 // According to the Pacific Institute for Research and Evaluation costs to states generated by underage drinking include medical care, work loss, and pain and suffering associated with the multiple problems caused by the use...
La. Commissioner Wants $100M Fund to Entice Insurers to State
Mar 26 2007 // Louisiana Insurance Commissioner Jim Donelon wants to use $100 million in state money as financial incentives for insurers, hoping the lure will make companies more likely to write homeowners policies in coastal...
Consultant: La. Citizens Last Balanced Books 18 Months Ago
Mar 26 2007 // It’s been a year and a half since Louisiana’s insurer of last resort last balanced its checkbook, and its computer backup system loses details of records more than two weeks old, the agency’s board has...
