Latest Louisiana Headlines

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

Louisiana Commissioner: Help Available for Victims of Chinese Drywall

Nov 24 2009 // Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the...

Katrina MRGO Ruling Could Bring New Deluge of Lawsuits

Nov 23 2009 // A landmark court ruling blaming the Army Corps of Engineers’ “monumental negligence” for some of the worst flooding from Hurricane Katrina could lead to a new deluge: billions of dollars in legal action...

Louisiana Agency Owner, a Jefferson Parish Official, Retires Amid Probe

Nov 20 2009 // Jefferson Parish’s embattled chief administrative officer, Tim Whitmer, is retiring as federal investigators began subpoenaing records of his private company’s insurance work with government agencies in...

Bill Would Protect Insureds With Defective Drywall Complaints

Nov 18 2009 // U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew homeowners’ policies as the result of Chinese drywall in...

Louisiana Agent, Agency Sanctioned for Unlicensed Employee

Nov 16 2009 // A Marksville, La., agent and her agency have been issued cease and desist orders, summary suspensions and fine notices for allegedly allowing an employee to conduct the business of insurance without a license, the...

States Back Federal Role in Insuring Natural Catastrophes

Nov 15 2009 // Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the issue as...

The Mississippi Supreme Court’s Anti-Concurrent Clause Decision

Nov 15 2009 // On Oct. 8, 2009, the Mississippi Supreme Court handed down its opinion in Corban v. USAA, in which it addressed the enforceability and application of “Anti- Concurrent Cause” clauses (ACCs) to claims involving...

Louisiana Department of Insurance Cracks Down on Alexandria Agents

Nov 13 2009 // In separate actions the Louisiana Department of Insurance has issued cease and desist orders, and fine notices, to four individuals accused of inappropriately conducting the business of insurance in that state.A former...

$5M Chinese Drywall Program Approved by Louisiana Recovery Authority

Nov 13 2009 // The Louisiana Recovery Authority has given its final approval to creation of a $5 million program to help some homeowners rehabilitate property with Chinese drywall problems.The program will require legislative and federal...

Tropical Storm Ida Pounds Gulf States with High Winds, Heavy Rains

Nov 10 2009 // A weakening Tropical Storm Ida lashed the U.S. Gulf Coast with drenching rain and high surf Tuesday as it moved ashore after shutting down almost 30 percent of Gulf of Mexico energy production.Ida, once a Category 2...

Louisiana: Agent Allegedly Provided Fake Proofs of Insurance

Nov 10 2009 // A Ville Platte, La., insurance agent has been issued a cease and desist order, summary suspension of his licenses and fine notice for allegedly providing fraudulent proofs of insurance.The Louisiana Department of Insurance...

Hurricane Ida Kills 124 in El Salvador; Heading for Gulf Oil Fields and U.S.

Nov 9 2009 // Hurricane Ida headed toward oil and gas facilities in the central Gulf of Mexico on Monday on a path to the U.S. Gulf Coast after killing 124 people in El Salvador following floods and mudslides.U.S. oil companies were...

Corps Begins $1B Barrier Project for Western New Orleans

Nov 6 2009 // Mindful that the suburban West Bank of New Orleans has regained its pre-Hurricane Katrina population and is primed for growth, the Army Corps of Engineers is launching a $1 billion effort to keep the next storm at bay.The...

Louisiana Researcher: Recent Sex Scandals a Lesson for Managers

Nov 2 2009 // Recent high profile sex scandals involving entertainer David Letterman and ESPN baseball analyst Steve Philips serve as an important reminder for business managers to ensure their companies have strong sexual harassment...

It Figures

Nov 1 2009 // $12.1 MillionCumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG...

Louisiana Citizens Rate Increase Will Be Less Than Expected

Nov 1 2009 // A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the company’s CEO John Wortman said. Instead, the average...

Decades in the Making, NAIC Outlines Natural Catastrophe Plan

Nov 1 2009 // Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the issue as...

Programs to Combat Vehicle Theft to Expand in New Orleans

Oct 29 2009 // Commissioner of Insurance Jim Donelon says Louisiana’s program to reduce vehicle theft and insurance fraud will be expanded in Orleans Parish, which includes New Orleans.Donelon made the announcement about the...

Texas Mutual Hires Dileo as Head of Claims Operations

Oct 29 2009 // Texas Mutual Insurance Company has hired Mike Dileo as senior vice president claims.Dileo has 15 years’ experience managing claim, underwriting, loss prevention and premium audit operations. He comes to Texas Mutual...

Louisiana Parish Says Training Facility Will Lower Insurance Premiums

Oct 28 2009 // St. Landry Parish, La., is in line to receive $12.7 million in federal hurricane mitigation funds, and the single largest project it hopes to fund will be a multi-agency training center.Opelousas Fire Chief Lee Cahanin...