Latest Louisiana Headlines

All the headlines from our Louisiana Topic Page, ordered by recency.

Business Moves

Jan 25 2016 // Swiss Re Corporate Solutions, IHC Risk Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The...

Flood-Prone Louisiana to Get $234M to Move Village, Control Stormwater

Jan 24 2016 // In a nod to the threat Louisiana faces from flooding, the federal government is sending $233.8 million in grants to Louisiana to relocate a coastal American-Indian village, prevent damage from hurricanes and make a...

Additional $5.1M Recovered for Louisiana Insurance Policyholders in 2015

Jan 21 2016 // The Louisiana Department of Insurance (LDI) announced that in 2015 an additional $5.1 million in insurance claim payments was recovered on behalf of policyholders. Insurance Commissioner Jim Donelon says these funds are...

Alabama Debates Banning Criminal History on Job Applications

Jan 21 2016 // As policies that limit when employers may ask applicants about their criminal histories gain popularity nationwide, advocates are pushing similar measures in Alabama, which has one of the highest incarceration rates in the...

Louisiana Citizens Property Insurer Plans Rate Changes

Jan 19 2016 // Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their rates drop 6.3 percent if the Louisiana Insurance Department approves proposed rate reductions. The...

Worldwide Facilities, LLC Opens New South Bay- LA Office; Appoints Brian Vassallo as Senior Vice President

Jan 12 2016 // Los Angeles, CA, January 12, 2016—Worldwide Facilities, a national wholesale insurance brokerage and managing general agent, announces the opening of a new location in the south bay area of Los Angeles, California. Brian...

Declarations

Jan 11 2016 // Qualifying Life Event “This legislation will help expectant mothers get access to essential prenatal care and help build a stronger and healthier New York.” —New York Gov. Andrew Cuomo on a new law that...

Deadline Nears for NFIP Policyholders in Louisiana

Jan 11 2016 // As the state braced for significant flooding from heavy rains in the Midwest, the Louisiana Department of Insurance reminded National Flood Insurance Program (NFIP) policyholders in Louisiana of an approaching deadline...

Louisiana-Based Cunningham Insurance Opens Alexandria Office

Jan 8 2016 // The Cunningham Insurance Group announced the opening of its newest property/casualty insurance agency, Wilkerson/Cunningham Insurance, in Alexandria, La. This office joins with offices in Natchitoches and Mansfield, La.,...

Ex-LA Times Columnist’s $7.1M Award Tossed by Judge

Jan 8 2016 // A judge has thrown out a $7.1-million jury award to former Los Angeles Times sports columnist T.J. Simers, who claimed he was forced to quit because of age and health discrimination. A judge stripped $2.1 million Simers...

Mississippi Floodwaters Head South; Officials Weigh Options

Jan 6 2016 // As floodwaters move south along the Mississippi River, the U.S. Army Corp of Engineers is weighing steps it could take to prevent widespread flooding from southern Missouri down to the Gulf Coast. In Louisiana, the Corps...

Deadline Approaching for Louisiana National Flood Insurance Policyholders

Jan 3 2016 // As the state braces for significant flooding from heavy rains in the Midwest, the Louisiana Department of Insurance is reminding National Flood Insurance Program (NFIP) policyholders in Louisiana of an approaching deadline...

Deadly Floods Disrupting Agriculture, Commercial Operations in U.S. Midwest

Jan 3 2016 // Deadly flooding across the U.S. Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close. The floods have killed at least 30 people and shut hundreds of roads...

‘Couldn’t Stand the Weather’ Sums Up South Central News in 2015

Dec 30 2015 // If you scan the song/album list of the late, great Texas blues guitar powerhouse, Stevie Ray Vaughan, you’ll get an inkling of what the major stories from Insurance Journal’s South Central region in 2015 were...

Buildings Damaged by Storms in Louisiana; No Injuries Reported

Dec 30 2015 // A storm system damaged buildings and cut power across Louisiana on Sunday night and Monday morning, but no injuries were reported. Strong winds blew trees onto at least eight mobile homes in Blanchard, northwest of...

Louisiana Whistleblower to Receive $750K

Dec 22 2015 // A whistleblower who lost his state contract after reporting his concerns that a state-funded dredging project violated environmental laws is set to receive $750,000 after a Baton Rouge jury ruled in his favor. Dan Collins...

New Flood Maps May Aid Big Development in Louisiana Parish

Dec 21 2015 // Revised flood maps could aid a developer’s proposal to build on one of Jefferson Parish’s last large undeveloped tracts. Lafayette-based Southern Lifestyle Development says it’s in talks to buy 2,000...

Study: Billions at Stake if Pace of Land Loss Continues on Louisiana Coast

Dec 21 2015 // A new state study places a price tag on the costs Louisiana could suffer if land loss continues at the pace predicted by scientists — and it’s in the billions of dollars. The Coastal Protection and Restoration...

Louisiana Shipyard Settles ‘False Claims’ Suit for $8.5M

Dec 10 2015 // A Louisiana ship-building company will pay $8.5 million to settle a 2011 lawsuit arising from modifications made to ships for the Coast Guard, the U.S. Justice Department said. The lawsuit alleged that Bollinger Shipyards...

Report: Louisiana’s Anti-Smoking Initiatives Lacking

Dec 10 2015 // A new report finds Louisiana is doing a poor job of funding tobacco cessation and prevention programs. According to a national report issued by a coalition of public health organizations, found that tobacco companies spend...