Louisiana’s property insurer of last resort has gotten permission to secure a $75 million cash line of credit in case a hurricane damages the state. The Louisiana Citizens Property Insurance Corp. has enough money set aside to cover a $110 …
Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state’s property insurance market is “more competitive than ever.” The Town Talk reports Donelon spoke on May 8 to the Alexandria Rotary Club about the recovery of the …
The Jindal administration has gotten permission to redirect federal hurricane recovery money from housing aid programs to Superdome upgrades. Federal approval was discussed on April 19 in the Senate Finance Committee and was confirmed by Christina Stephens, a spokeswoman for …
In one of the New Orleans neighborhoods hit hardest by flooding in Hurricane Katrina‘s aftermath, developers have built a prototype house that’s aimed at providing a quick housing solution for areas blown away by hurricanes and tornadoes or knocked down …
Nearly two dozen companies that manufactured government-issued trailers for storm victims after Hurricane Katrina have agreed to pay $14.8 million in a proposed class-action settlement of claims that the temporary shelters exposed occupants to hazardous fumes. Plaintiffs’ attorney Gerald Meunier …
An advocacy group is bypassing the U.S. Army Corps of Engineers and going straight to the National Park Service in a quest to have two spots where levees failed during Hurricane Katrina added to the National Registry of Historic Places. …
The Louisiana Supreme Court has struck down another attempt by the state’s property insurer of last resort to avoid paying more than $100 million for late adjustment of hurricane damage claims in 2005. The April 9 ruling reversed a state …
A New Orleans U.S. representative from the New Orleans area has objected to Louisiana Gov. Bobby Jindal administration’s plan to redirect federal hurricane recovery money from housing aid programs to Superdome upgrades. U.S. Rep. Cedric Richmond sent a letter to …
A state appeals court has blocked policyholders of Louisiana Citizens Property Insurance Corp. from collecting more than $100 million for the company’s failure to handle claims quickly enough following the 2005 hurricanes. The state 5th Circuit Court of Appeal issued …
A Louisiana federal appeals court on March 12 threw out a jury’s award of more than $650,000 to two Ohio tourists who were arrested in New Orleans on public drunkenness charges two days before Hurricane Katrina’s 2005 landfall and jailed …
