Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
For Second Year in a Row, Louisiana Flunks R Street’s Insurance Report Card
Dec 4 2019 // The 2019 edition of the R Street Institute’s annual Insurance Regulation Report Card is out and, for the second year in a row, Louisiana has the ignominious distinction of finishing dead last. By our lights, the...
FedNat Completes Acquisition of 1347 Property Insurance Homeowners Operations
Dec 4 2019 // FedNat Holding Company (FNHC), an insurance holding company, has completed its acquisition of the homeowners insurance operations of 1347 Property Insurance Holdings, Inc. (PIH), consisting of Maison Insurance Co., Maison...
Analysis: Louisiana Government Cyberattack Could Have Been Worse
Dec 3 2019 // The cyberattack on Louisiana’s state government computer servers disrupted agency operations and made going to the Office of Motor Vehicles even more headache-inducing than usual. But it was nowhere near the...
Request for Proposals Announcement
Dec 2 2019 // Metairie, LA, December 2, 2019 – Louisiana Citizens Property Insurance Corp. (‘LCPIC’), has released a new request for proposals for vendors to service insurance claims after a catastrophe, such as in...
Attempted Cyberattack Disrupts Louisiana Government Websites
Nov 20 2019 // Many of Louisiana’s state government websites and email systems were shut down because of what the governor’s office is describing as an attempted ransomware attack. The problem Monday disrupted business...
Workers’ Comp Rate Decrease Approved for Louisiana
Nov 8 2019 // A filing by the National Council on Compensation Insurance (NCCI) that would reduce workers’ compensation insurance rates in Louisiana by 8.4% next year has been approved by Louisiana Insurance Commissioner...
Cost of Medical Marijuana Questioned in Louisiana
Nov 6 2019 // Three months after medical marijuana became available in Louisiana, doctors and clinics say some patients are finding the cost for therapeutic cannabis too high for treatment, pricing them out of a medication they waited...
Louisiana’s Excalibur Has a New Name: Lighthouse Excalibur Insurance
Nov 5 2019 // Louisiana-based Excalibur Insurance Co. is now officially named Lighthouse Excalibur Insurance Co., following its acquisition by Lighthouse Property Insurance Corp. The name change was unveiled on Nov. 1. In May,...
Explosion Shakes Dow Chemical Plant in Louisiana; No Injuries Reported
Nov 4 2019 // No injuries are being reported after an explosion shook a Dow chemical plant in Louisiana. Dow Louisiana Operations said in a Facebook post that a “vessel” had ruptured at its facility near Plaquemine on Sunday...
Louisiana State Fire Marshal’s Office Awarded $55K Federal Smoke Alarm Grant
Oct 30 2019 // The Louisiana Office of State Fire Marshal says it’s been selected as a federal Fire Prevention and Safety Grant award recipient. The award, totaling $55,000, will allow the state fire marshal to boost its smoke...
Men Charged with Stealing New Tractors Worth $80K from Louisiana Business
Oct 29 2019 // Two men have been charged with stealing two new tractors from a Many, La., business. The estimated value of both tractors is $80,000. Stephan Morton, (38) of Shreveport, La., and Michael Bayonne (41) of Alexandria, La.,...
Louisiana Homeowners Insurer, Gulf States, Acquires Coastal American Holdings
Oct 29 2019 // Lafayette, Louisiana-based Gulf States Holdings Inc. has acquired Coastal American Holdings Inc. and its subsidiary Coastal American Insurance Co. Coastal American’s home office is located in Gulfport, Miss. Terms of...
Five Indicted in Louisiana for Staged Accident Insurance Fraud Scheme
Oct 28 2019 // Five defendants have been indicted in Louisiana for an alleged insurance fraud involving a staged vehicular accident scheme, the U.S. Attorney’s Office says. Damian K. Labeaud and Lucinda Thomas of New Orleans, and...
Ex-CEO of Louisiana Foundation Gets 33 Months for $550K Embezzlement
Oct 28 2019 // A Louisiana hospital foundation’s former fundraising chief was sentenced to 33 months for stealing more than $550,000 in donations. News outlets report 49-year-old John Paul Funes was sentenced after his original...
Remnants of Olga Push into Mississippi, Leaving Damage
Oct 28 2019 // What’s left of Tropical Storm Olga was causing soggy conditions in Mississippi and Alabama on Saturday and dozens of flights were canceled or delayed at New Orleans’ main airport after two power outages. There...
Louisiana Court: Unconfirmed Drug Test Can’t Be Used to Deny Workers’ Comp Claim
Oct 21 2019 // Louisiana’s high court has nixed the idea that an unconfirmed or unverified drug test can be used to prove intoxication or fraud in order to deny the workers’ compensation claim of an injured worker. In doing...
Another Louisiana Auto Insurance Provider Lowers Rates
Oct 21 2019 // A rate reduction has been approved for the Louisiana-based auto insurance provider, GoAuto, the Louisiana Department of Insurance reported. The 3.6% rate reduction for GoAuto Insurance Co. impacts 74,000 Louisiana drivers....
Unconfirmed Drug Test Can’t Be Used to Deny Workers’ Comp Claim: Louisiana Court
Oct 18 2019 // Louisiana’s high court recently nixed the idea that an unconfirmed or unverified drug test can be used to prove intoxication or fraud in order to deny the workers’ compensation claim of an injured worker. In...
Donelon Re-Elected to Louisiana Insurance Commissioner Post
Oct 14 2019 // Louisiana voters have re-elected Jim Donelon to the post of insurance commissioner, an office he has held since 2006. In the election held on Oct. 12, Donelon received 53.5% of the statewide vote, compared with 46.5% of...
Univ. of Louisiana Monroe to Create Risk Management, Insurance Endowed Chair
Oct 11 2019 // The University of Louisiana-Monroe (ULM) will create an Endowed Chair in Risk Management and Insurance position in the College of Business and Social Sciences with $585,000 in funding that stems from the dissolution of...
