Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Flood Insurance Costs Rise in Louisiana as Risk Rating 2.0 Sets in
Dec 9 2021 // In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. Yet Tommy Eastman may eventually drop...
Hub Acquires Louisiana’s Gregory Benefits & Consulting
Dec 8 2021 // Hub International Limited, a global insurance brokerage and financial services firm, has acquired the insurance brokerage assets of Gregory Benefits & Consulting LLC. Terms of the transaction were not...
FEMA: $2.5 Billion Ida Aid Given to Louisiana Residents, Businesses
Dec 6 2021 // Louisiana residents and businesses have received $2.5 billion in federal aid related to Hurricane Ida, the Federal Emergency Management Agency said. It said another $27.8 million has been approved in public assistance...
Louisiana Lawmakers Offer Insurance Complaints After Ida
Dec 3 2021 // Slow responses to damage claims. Constant switch-ups of insurance adjusters assessing the destruction. Low payment offers forcing people unnecessarily into litigation to get a fair deal. Louisiana lawmakers and others said...
Louisiana Insurers Face $100 Million Assessment Fee after Ida-Related Insolvencies
Dec 2 2021 // Louisiana property and casualty insurers will be assessed $100 million to cover the cost of two regional insurance companies facing insolvency due to losses from Hurricane Ida. The Louisiana Insurance Guaranty Association...
Louisiana Department of Insurance to Hold Second Ida Relief Resource Center
Dec 1 2021 // The Louisiana Department of Insurance (LDI) and Sen. Michael Fesi are hosting a second resource center to help constituents after Hurricane Ida. The resource center will be held Saturday, Dec. 4, from 9:30 a.m. to 1:30...
Louisiana Oil Field Tank Batteries Face New Rules After Explosion Kills Girl
Nov 30 2021 // Louisiana regulators have established new rules for oil field tank batteries after an explosion killed a 14-year-old girl, and plan to identify all such storage tanks across the state to encourage compliance. The state...
Ship Master Spent 50 Hours Sleepless Before Crash off Louisiana
Nov 29 2021 // An oil tanker hit an offshore oil platform at night off Louisiana because its Turkish operating company didn’t give the ship’s master time to recover from days of sleepless travel, federal investigators have...
Louisiana Lawmakers: Medical Marijuana Expansion Too Slow
Nov 24 2021 // Louisiana Agriculture Commissioner Mike Strain came under fire Thursday from state lawmakers who complained his regulatory agency was moving too slowly in expanding the medical marijuana products available to patients. The...
Louisiana Kicks Off $11 Million Housing Program for Hurricane Laura
Nov 24 2021 // Nearly 15 months after Hurricane Laura struck, Louisiana is kicking off $11.3 million in housing repair and rebuilding programs for the southwestern city of Lake Charles while it waits for hundreds of millions in promised...
Louisiana’s Entergy Owes up to $4.4 Billion for Ida Storm Restoration
Nov 23 2021 // Entergy Louisiana told utility regulators last week that it owes up to $4.4 billion for getting the lights back on after a string of storms and needed a $1 billion loan to meet those costs in the short-term. The Advocate...
Louisiana Department of Insurance Creates Ida Relief Resource Center
Nov 22 2021 // The Louisiana Department of Insurance and Lafitte mayor Tim Kerner Jr. are creating a resource center to help residents understand their insurance policies, answer general insurance questions, and assist them with filing...
Louisiana Woman Pleads Guilty to Conspiring to Defraud Insurance Companies
Nov 18 2021 // United States Attorney Duane A. Evans announced today that a New Orleans, Louisiana woman entered a plea of guilty today to Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371,...
Infrastructure Package Could Deliver Louisiana Billions in Repairs, Coastal Storm Risk Management
Nov 16 2021 // Members of Congress are still bickering over the wisdom of passing a $1 trillion infrastructure package, but Louisiana lawmakers and state officials have moved to developing plans for spending the influx of cash for roads,...
Louisiana’s Citizens Increasing Commercial Coverage Limits
Nov 15 2021 // Louisiana’s property of last resort will raise commercial property insurance coverage limits for the first time in eight years. The Board of Directors of the Louisiana Citizens Property Insurance Corp. has voted to...
Louisiana Apartment Complex Still Reeling From Laura Damaged by Tornado
Nov 15 2021 // Rising after a hard knock can be wrenching, but for Claudette Price _ who has just endured her fourth punch _ accepting defeat is not an option. In the three years she has been the leasing manager for the Claire Gardens...
Louisiana Seeks Takeover of Pair of Regional Insurance Companies Facing Insolvency
Nov 15 2021 // The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co., two regional insurance companies that are facing insolvency due to losses from...
FedNat Pulling Out of Louisiana, Texas Amid Heavy Storm Losses
Nov 10 2021 // After two years of heavy storm-related losses, FedNat Insurance is pulling out of the Louisiana and Texas markets and doubling down on its home state of Florida. FedNat announced its decision to exit non-Florida markets...
2020 Louisiana Hurricane Season Costs Insurers At Least $10.6 Billion
Nov 9 2021 // Insurance companies are on track to pay at least $10.6 billion to cover Louisiana claims for damage caused by Hurricanes Laura, Delta and Zeta, according to Insurance Commissioner Jim Donelon. Donelon released the latest...
Hub Acquires Louisiana-Based Thibeaux Insurance Group
Nov 8 2021 // Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Thibeaux Insurance Group, LLC. Terms of the transaction were not disclosed. Located in Lafayette, Louisiana,...
