Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Case Law Watch
Apr 3 2006 // Auto-Liability Fields v. American Central Insurance Co. (La. App., 2nd Dist., March 8, 2006) Undated named driver exclusion endorsement sufficient to defeat coverage: Lensing was involved in a June 18, 2003, auto accident...
Louisiana, Texas look to bonds for cat funding
Apr 3 2006 // With record hurricane losses in back to back seasons, states along the U.S. Gulf Coast are aiming to boost reserves for their insurers of last resort through the issuance of catastrophe bonds. Louisiana is hard at work...
Standard & Poor’s Assigns ‘A-‘ Rating to La. Citizens Bonds
Mar 31 2006 // The Louisiana Department of Insurance reported that the rating agency Standard & Poor’s has given the Louisiana Citizens Property Insurance Corporation (Citizens) bond issue an ‘A’-minus rating,...
La. Attorney Sentenced to Eight Years for Swiping Clients’ Money
Mar 30 2006 // A Louisiana attorney has been sentenced to eight years in prison for charges stemming from the misuse of his clients’ insurance money and his failure to pay more than $100,000 in restitution. Keith Labat, of...
La. Hosts Health Care Symposium
Mar 30 2006 // The Health Care Commission of the Louisiana Department of Insurance and the Louisiana Health Care Alliance (LHCA) will co-sponsor a health care symposium: “A New Vision for Health Care” on April 18. The...
The Hanover Launches Connections Auto in La.
Mar 28 2006 // The Hanover Insurance Group, headquartered in Worcester, Mass., announced the Louisiana launch of Connections Auto, which expands the auto product into ten states: Louisiana, Connecticut, Florida, Illinois, Indiana, Maine,...
La. DOI Releases 2006 Medicare Supplement Comparison Guide
Mar 23 2006 // The Louisiana Department of Insurance Senior Health Insurance Information Program (SHIIP) has released its 2006 Medicare Supplement Comparison Guide. “We surveyed insurers throughout Louisiana and put together a...
La. Commissioner Working to Generate Cat Bond Funding for State
Mar 23 2006 // The Louisiana Department of Insurance reported that Commissioner of Insurance Jim Donelon was invited to meet with the nation’s largest bond insurers and bond rating agencies in New York recently in a continued...
La. directives aim for more consumer protection
Mar 20 2006 // Louisiana Commissioner of Insurance Jim Donelon issued two directives designed to further protect consumers impacted by Hurricanes Katrina and Rita. Directives 195 and 196 extend the time period for the repair of damaged...
Report: La. More Insured than any Other State for Flooding
Mar 20 2006 // In the aftermath of Hurricane Katrina, public officials and insurance experts predicted that the vast majority of property losses from the most costly flood in U.S. history would be uninsured. But data from the office of...
Texas, Louisiana surplus lines premium decreases in 2005
Mar 20 2006 // Insurance Journal South Central–Arkansas, Louisiana, Oklahoma and Texas–vary widely in the amount of premium written in any given year. Texas has the biggest surplus lines market, followed by Louisiana,...
People and Places
Mar 20 2006 // Cathleen C. Beavers was named general manager of the Texas Automobile Insurance Plan Association. Previously, Beavers was residual market business advisor for USAA in San Antonio where she managed the auto residual market...
Farm Bureau gets OK to Hike Homeowners Rates in La.
Mar 17 2006 // Roughly 70,000 homeowners in areas hard hit by Hurricane Rita will face insurance hikes of 49 percent that were approved by Louisiana state regulators. The increase affects Louisiana Farm Bureau policyholders. The increase...
Wall Named CEO at Louisiana Worker’s Compensation Corporation
Mar 16 2006 // Louisiana Workers’ Compensation Corporation (LWCC), announced that Kristin Wall, president and chief operating officer, was named by the company’s Board of Directors to replace Steve Cavanaugh as Chief...
La. Homeowners Face Waiting Game in State’s Housing Assistance Plans
Mar 15 2006 // Anita Richardson’s insurance company gave her $4,500 to repair what her contractor says is $50,000 worth of damage done when Hurricane Katrina ripped apart the roof of her New Orleans, La., home and poured about two...
Hurricane-related Jobless Benefits Extended in La.
Mar 13 2006 // President Bush has authorized the extension of disaster unemployment benefits to individuals affected by hurricanes Katrina and Rita, the Louisiana Department of Labor announced. “Approximately 92,000 people whose...
La. Rating Commission Meets March 15
Mar 13 2006 // The Louisiana Department of Insurance reported that the regular monthly meeting of the Louisiana Insurance Rating Commission will be held March 15, 2006, at 10:00 a.m. The meeting will take place in the Hearing Room, Plaza...
People and Places
Mar 6 2006 // Jim Donelon became Louisiana’s Commissioner of Insurance on Feb. 16 following the retirement of J. Robert Wooley. Donelon previously served as the insurance department’s Executive Counsel and Chief Deputy...
Insurers express relief as Louisiana special session adjourns
Mar 6 2006 // Insurance groups breathed a sigh of relief as the special session of the Louisiana Legislature ended Feb. 17 after resolving controversial provisions in two bills dealing with insurance issues. The session began Feb....
Rep. Jindal to Address Big ‘I’ Young Agents and InsurPac
Mar 2 2006 // Rep. Bobby Jindal (R-La.) will speak at a luncheon held by the Independent Insurance Agents & Brokers of America (the Big “I”) during its National Legislative Conference & Convention in April. Rep....
