Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
Trucordia Acquires Louisiana’s CADA
Jan 28 2025 // Trucordia has acquired the insurance business of CADA Insurance Services which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner. “The CADA Insurance team is a welcome addition to...
Southern California Edison Asked by Investigators to Preserve Gear at LA’s Eaton Blaze
Jan 27 2025 // Fire investigators have asked Southern California Edison Co. to preserve its equipment near the site where the deadly Eaton fire began earlier this month. The Los Angeles County Fire Department, the lead agency...
LA Wildfires by the Numbers: Insured Losses, Total Losses, Ratings, Rates
Jan 24 2025 // The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on insured losses, total economic losses and damages, credit ratings—and lately worrying...
LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch
Jan 24 2025 // The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch...
Florida, Louisiana Sugarcane Could Be Hurt by Winter Storm but Citrus Was Spared
Jan 24 2025 // Sugarcane crops in Louisiana and Florida, the only two states producing sugar from cane in the United States, could be hurt by the cold snap in the area, while citrus farms seemed to have mostly been spared, experts said...
Insurance Commissioner Orders Advance Payments on Claims for LA Wildfire Survivors
Jan 23 2025 // California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles wildfire survivors. Lara’s order is designed to help speed the...
Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State
Jan 23 2025 // Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California. According to Moody’s, the state’s already noticeable...
Ash Left Behind by LA Wildfires Might Be Toxic, Experts Warn
Jan 23 2025 // Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s deadly Los Angeles-area wildfires. Now she wonders if it’s worth it to go back to sift through...
Rare Snow Imperils Texas Gas Exports, Shuts Louisiana Roads
Jan 22 2025 // A historic winter storm threatened natural gas shipments from one the biggest US export plants while heavy snow shut schools and airports in Houston and highways in New Orleans. A low-pressure system is dropping bitter...
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires
Jan 22 2025 // Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change. It’s a...
LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag
Jan 21 2025 // Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path of conditions that would allow blazes to spread quickly as the region holds out...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B
Jan 20 2025 // Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range. The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic...
Louisiana Citizens Ends Assessment on Property Policies Ahead of Schedule
Jan 17 2025 // The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state...
Moody’s Says LA Fire May Pose Risk to Southern California Edison
Jan 16 2025 // The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s...
Fire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’
Jan 16 2025 // The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end — but a lack of rain and another round of winds forecast next week has officials worried. “Things are...
Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion
Jan 14 2025 // The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion. The fresh figure Jan. 14 from Keefe Bruyette & Woods...
California Wildfires Wrapup: Aerial Assault Aims to Stem LA Palisades Fire Spread
Jan 11 2025 // LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread of the Palisades wildfire in Los Angeles on Saturday as on-the-ground firefighting intensified amid...
The Most Important LA Wildfire Stories to Know About
Jan 10 2025 // As firefighters gain more control over what have become the most destructive wildfires in U.S. history in a matter of days, the scale of the destruction and losses is becoming clearer. Despite the cacophony of a world...
Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Jan 10 2025 // Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for...
Edison Denies LA Wildfire Involvement as Insurers Ask It to Preserve Evidence
Jan 10 2025 // Southern California Edison said on Thursday it had received notices from insurance companies to preserve evidence related to the Eaton Fire that is still burning in Los Angeles, but said no fire agencies have pointed the...
