Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Ala., Ga., La. Commissioners Discuss Untangling the Regulatory Environment
Nov 16 2004 // Walter Bell “In times of disaster the insurance industry is supposed to shine, and your industry did,” Alabama Insurance Commissioner Walter A. Bell said during a Tuesday afternoon panel discussion at the...
Louisiana Joins National Fight Against Bogus Insurance
Nov 11 2004 // As part of his state’s fight against fake insurance, Louisiana Commissioner of Insurance Robert Wooley is joining the National Association of Insurance Commissioners (NAIC) in launching an awareness campaign that...
Minnesota, Louisiana at Different Ends of Health Spectrum Following Survey
Nov 10 2004 // Despite having to deal with some of the nation’s worst wintertime weather, Minnesota emerged as the nation’s healthiest state, while far to the south, Louisiana is the least healthy, a ranking it has been...
Industry in the Bull’s Eye
Nov 8 2004 // In the days after New York Attorney General Eliot Spitzer filed a civil lawsuit against insurance broker Marsh & McLennan Companies Inc. for alleged commercial account steering and bid rigging, the insurance industry...
When Do You File a Declaratory Judgment Action’
Nov 8 2004 // One of the thorniest issues that an insurance adjuster may face is deciding to bring an affirmative declaratory judgment action following a denial of coverage or a decision to defend under a reservation of rights. The...
LA. AGENT ACCUSED:
Nov 8 2004 // Louisiana Depart-ment of Insurance Fraud Unit investigators served a Lafayette-area insurance producer (agent) with a cease and desist order and summary suspension of her insurance license, Insurance Commissioner J. Robert...
La. Man Convicted in Scheme to Defraud State Farm
Nov 2 2004 // Dennis Ingles, 51, of Haughton, Louisiana was convicted recently of one count of conspiracy, four counts of mail fraud, and one count of wire fraud, United States Attorney Donald Washington announced. The conviction arises...
LDI SAYS IVAN COSTS NEARLY $7.2M:
Oct 25 2004 // Louisiana Commissioner of Insurance Robert Wooley announced that the Louisiana Department of Insurance’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance...
RATE HIKES IN LOUISIANA:
Oct 11 2004 // Some southern Louisiana residents will see average rate hikes of 27 percent for homeowners insurance and some may pay 50 percent more, as a result of the Louisiana Insurance Rating Commission’s approval of a new...
La. WCAC to Begin Drafting 2005 Legislation
Oct 5 2004 // The Louisiana Workers’ Compensation Advisory Council plans to meet on Oct. 7, 2004, to begin drafting legislation for the 2005 Legislative Session. The meeting will begin 9 a.m. at the Louisiana Association of...
South Louisiana Homeowners Face Steep Rate Hikes
Oct 4 2004 // Homeowners in southern Louisiana who cannot obtain private insurance face average rate hikes of 27 percent to get coverage, although some may pay 50 percent more, according to reports from The Advocate and the Associated...
Baton Rouge Producer Suspended
Sep 30 2004 // Louisiana Commissioner of Insurance Robert Wooley announced that a Baton Rouge, La., insurance producer was issued a cease and desist order, along with a summary suspension of his insurance license, due to allegations of...
LDI Estimates Nearly $7.2M in Damages from Ivan
Sep 30 2004 // Louisiana Commissioner of Insurance Robert Wooley reported that the Louisiana Department of Insurance’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance...
Louisiana Health Care Conference Set for Oct. 12
Sep 20 2004 // The Ninth Annual Health Care Conference, sponsored by the Louisiana Department of Insurance, will bring together national experts, state legislators and state and federal regulators to discuss a variety of health care...
People and Places
Sep 20 2004 // Kristin Wall The Board of Directors of the Louisiana Workers’ Compensation Corporation (LWCC) promoted Kristin Wall to the position of president and chief operating officer. Wall was previously executive vice...
Fitch Estimates Ivan May Become Second Costliest Hurricane For U.S. P/C Insurers
Sep 17 2004 // Chicago-based Fitch Ratings has issued some preliminary comments on the extent of the losses from Hurricane Ivan’s destructive rampage through Alabama, Florida and other Gulf Coast States. Fitch noted that...
PCI: Ivan Will Test Louisiana’s New High-Risk Pool, But Insurers Should Be Able to Meet Claims
Sep 16 2004 // While Louisiana’s new insurance high-risk pool reportedly hasn’t had enough time to build up a financial cushion to absorb the potential effects of Hurricane Ivan, other reforms in place should enable insurers...
President Declares Disaster Areas for Alabama, Louisiana, Mississippi
Sep 16 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that President Bush ordered the release of federal disaster funds and emergency resources for...
RMS: Potential Losses for Ivan $4 to $10 Billion
Sep 15 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. could range from $4 to $10 billion if Hurricane Ivan follows the latest...
Ivan Sets His Sights on Gulf Coast; Residents from Florida to Louisiana Get Suitcases Packed
Sep 14 2004 // Having left a swath of destruction from Grenada to Cuba, Hurricane Ivan turned its sights on the Florida Panhandle west to New Orleans on Tuesday, forcing thousands to pack what they could and head for higher ground. More...
