All the headlines from our Louisiana Topic Page, ordered by recency.
Oct 20 2008 // Insurer Raising Rates 14% Statewide Six insurance companies, some participating in the Insure Louisiana Incentive Program, want to assume 46,898 policies from the Louisiana Citizens Property Insurance Corporation by Dec....
Oct 17 2008 // Louisiana’s state-run insurer of last resort has reached a $35 million agreement with policyholders to resolve claims that the insurer failed to offer settlements for hurricane claims in a timely fashion after...
Oct 16 2008 // A long-running case dating back to numerous insurance company collapses in Louisiana during the 1990s has been thrown out by the Louisiana Supreme Court.In a 6-1 decision, the high court tossed a $1.2 million award to the...
Oct 16 2008 // An Alexandria, La., licensed insurance producer has been issued a cease and desist order and summary suspension for allegedly submitting falsified claims, the Louisiana Department of Insurance reported.Stacy Buie Anderson,...
Oct 14 2008 // The Federal Emergency Management Agency has extended its deadline for providing temporary housing for evacuees of Hurricane Ike in Louisiana.Gov. Bobby Jindal says FEMA will now provide temporary housing until Oct. 28. The...
Oct 13 2008 // Louisiana State Sen. Derrick Shepherd has pleaded guilty in federal court to one count of conspiracy to commit money laundering in a case involving alleged illegal operation of an insurance business. Shepherd, D-Marrero,...
Oct 9 2008 // Six insurance companies, some participating in the Insure Louisiana Incentive Program, want to assume 46,898 policies from the Louisiana Citizens Property Insurance Corporation by Dec. 1, 2008. However, Citizens CEO John...
Oct 8 2008 // U.S. Senator Mary Landrieu, D-La., announced that Louisiana has been declared an agricultural disaster by the U.S. Department of Agriculture (USDA). On Sept. 10, Sen. Landrieu and the rest of the Louisiana delegation wrote...
Oct 8 2008 // Ron Musser, the assistant commissioner of Financial Solvency for the Louisiana Department of Insurance, has received the Al Greer Achievement Award from the Insurance Regulatory Examiners Society (IRES), the department...
Oct 7 2008 // Key Louisiana lawmakers plan to challenge property insurers by trying to limit the special deductibles they can impose when homes are damaged by tropical storms and hurricanes.The so-called “named-storm”...
Oct 7 2008 // The governing board of Louisiana Citizens Property Insurance Corporation, the state’s “last resort” property insurer, on Oct. 6 approved a 14 percent statewide average rate hike. The Associated Press...
Oct 7 2008 // Hurricane Ike’s winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half million gallons of crude oil...
Oct 6 2008 // Preliminary estimates of the combined total physical damage in Louisiana from Hurricanes Gustav and Ike range from roughly $8 billion to $20 billion, not including “temporary economic activity losses or damage to...
Oct 6 2008 // Louisiana agriculture, forestry and fisheries suffered an estimated $950 million in losses and damages from Hurricanes Gustav and Ike, according to the Louisiana State University AgCenter. The figure is expected to rise as...
Oct 1 2008 // The Louisiana Supreme Court has restored the law license of former state Insurance Commissioner James H. “Jim” Brown Junior, who served six months in prison on a federal conviction of lying to FBI agents.Found...
Sep 30 2008 // Three years after Hurricane Katrina brought New Orleans’ restaurant industry to its knees, Hurricane Ike has delivered a crippling blow to three New Orleans area restaurant families.Middendorf’s, the legendary...
Sep 29 2008 // Louisiana agriculture, forestry and fisheries suffered an estimated $950 million in losses and damages in this month’s hurricanes, according to the Louisiana State University AgCenter. And the figure, officials say,...
Sep 25 2008 // In the wake of the deadly train collision in Los Angeles, California’s U.S. senators are questioning a federal law that sets a $200 million limit on damage payouts to victims of a train crash.With 25 dead and more...
Sep 22 2008 // Do Not Come Back“Galveston has been hit hard. We have no power. We have no gas. We have no communications. We’re not sure when any of that will be up and running. … We want our citizens to stay where they...
Sep 22 2008 // As Hurricane Ike loomed in the Gulf of Mexico, insurers and officials in Gulf Coast states were still tallying damage costs from Hurricane Gustav, which swept into Louisiana on Sept. 1. Switzerland-based global reinsurer,...