Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
La.’s Hibernia Corp. Warns of Hurricane-Related Costs
Oct 14 2005 // Hibernia Corp., a Louisiana-based banking company trying to complete its $5 billion acquisition by Capital One Financial Corp., warned it faces substantial costs and financial uncertainties stemming from Hurricane...
Jobless Claims in La. Reach Historic Levels After Hurricanes
Oct 14 2005 // The Louisiana Department of Labor reported it has paid out more than $3 million in Unemployment Insurance and Disaster Unemployment Assistance benefits to victims of Hurricane Rita, while Katrina claims have topped $181...
La. Commissioner Releases Adjuster Schedule for Grid 1 in St. Bernard and Plaquemines Parishes
Oct 13 2005 // Louisiana Commissioner of Insurance Robert Wooley announced that beginning Monday, Oct. 17, insurance companies will start working in a coordinated effort to adjust claims for St. Bernard and Plaquemines Parish properties...
Entergy: Rita Damages Range from $400 Million to $550 Million
Oct 6 2005 // New Orleans-based utility operator Entergy Corp. said its damages from Hurricane Rita will range from $400 million to $550 million, a bill that comes on top of damages that could hit $1.1 billion from Hurricane Katrina a...
Two More La. Parishes Eligible for Disaster Unemployment Help
Oct 5 2005 // The Louisiana Department of Labor reported that Sabine and St. Landry parishes have been added to the list of parishes whose residents and employees are eligible for Disaster Unemployment Assistance (DUA). The parishes of...
Agriculture Losses in La. from Hurricane Rita to Top $472 Million
Oct 4 2005 // The Louisiana Department of Agriculture and Forestry reported that with preliminary estimates in, it appears agriculture and forestry will take at least a $472 million hit from Hurricane Rita. Coupled with the growing...
Katrina Damage to La. State Buildings Estimated at $1.3 Billion
Oct 3 2005 // Damages to state buildings by Hurricane Katrina total nearly $1.3 billion – and the price tag for repairs will only grow larger if the buildings need replacement, rather than repairs, according to preliminary...
La. DOL Says Katrina-Related Benefits 15 Times Above Normal
Oct 3 2005 // Hurricane Katrina-related benefits paid by the Louisiana Department of Labor have climbed to 181,071 for the month of September – 15 times more than normally paid in a month, according to department records. The...
Picking Up the Pieces
Oct 3 2005 // Although Hurricanes Katrina and Rita are behind us, hurricane season continues through the end of November. And while it does, residents on the Gulf and Atlantic Coasts are picking up the pieces and rebuilding their lives,...
After the Wreckage, Hurricane Katrina Spawns Lawsuits
Oct 3 2005 // Shortly after Hurricane Katrina devastated parts of Louisiana, Mississippi and Alabama, the U.S. Chamber Institute for Legal Reform issued a statement warning that the financial wreckage caused by Hurricane Katrina could...
After the Wreckage, Hurricane Katrina Spawns Lawsuits
Oct 3 2005 // Shortly after Hurricane Katrina devastated parts of Louisiana, Mississippi and Alabama, the U.S. Chamber Institute for Legal Reform issued a statement warning that the financial wreckage caused by Hurricane Katrina could...
News Briefs
Oct 3 2005 // ARKANSAS The Workers’ Compensation Research Institute reported that Ar-kansas’ workers’ compensation system has experienced a period of stability after extensive reforms were passed in 1993, but...
Editor’s Note: Picking Up the Pieces
Oct 3 2005 // Although Hurricanes Katrina and Rita are behind us, hurricane season continues through the end of November. And while it does, residents on the Gulf and Atlantic Coasts are picking up the pieces and rebuilding their lives,...
La. DOL Extends Disaster Unemployment Assistance Filing Following Hurricane Rita
Sep 28 2005 // The Louisiana Department of Labor announced that those affected by Hurricane Rita have until Nov. 30 to file for Disaster Unemployment Assistance. Because of the widespread devastation to homes and businesses in...
Safeco Estimates Katrina After-Tax Losses at $78M
Sep 27 2005 // Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Katrina of $78 million, or $0.61 per diluted share. Safeco’s gross pretax losses before reinsurance are estimated to be $170...
Gov. Blanco Extends La.’s State of Emergency
Sep 27 2005 // Louisiana Governor Kathleen Blanco has extended the State of Emergency for Hurricane Katrina through Oct.25, 2005. As a result, according to the Louisiana Department of Insurance, Emergency Rules 15, 16 and 17 are...
Fitch: Hurricane Rita Won’t Cause Widespread U.S. Insurance Company Rating Changes
Sep 26 2005 // Fitch Ratings said Monday it expects Hurricane Rita will represent a material loss to the insurance industry and will create further strain on insurers’ claims-adjusting resources. However, Fitch does not expect any...
Miss. Commissioner Dale Reports Katrina Claims Approach 500,000
Sep 26 2005 // Almost half a million insurance claims have been submitted by policy-holders whose property was damaged by Hurricane Katrina in Mississippi, Alabama and Louisiana, according to George Dale, Mississippi Insurance...
UPDATE: Rita Makes Landfall on Texas-Louisiana Coast, Storm Falls to a CAT 1
Sep 23 2005 // Hurricane Rita made impact on the Texas-Louisiana coast Friday night into Saturday, with flooding for coastal towns, major wind damage, and several fires. Houston, however, seemed to be spared the worst of it as the storm...
Pair of Quakes Hit North of LA; No Damages Reported
Sep 22 2005 // As Hurricane Rita keeps people on their toes in the Gulf Coast area, residents some 80 miles north of Los Angeles were greeted with a pair of earthquakes early Thursday afternoon. The largest recorded, a 4.9 quake, hit...
