Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
IBHS: After Katrina, Roofing Regulations Stronger on Gulf Coast
Aug 26 2015 // According to new research by the Insurance Institute for Business & Home Safety, stronger building codes and standards, along with more stringent requirements for inspections, building permits, and contractor...
Hurricane Katrina: The Numbers Tell Their Own Story
Aug 26 2015 // In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state...
Louisiana Jobless Rate Dips but Job Totals Shrink
Aug 24 2015 // Fewer people had jobs in Louisiana in July as employer payrolls shrank, but the unemployment rate fell again as even more people left the labor force. The state’s unemployment rate fell to 6.2 percent in July from...
Louisiana AG: Lawsuit Against State Farm to Be Heard in State Court
Aug 20 2015 // A federal judge has ruled that Louisiana Attorney General James D. “Buddy” Caldwell’s lawsuit against State Farm Auto Insurance over vehicle repair tactics will be heard in Louisiana state court, where it...
Feds Charge Texas-Based Oil Platform Operator over Deadly Blast
Aug 18 2015 // Oil platform operator Black Elk Energy is facing federal criminal charges in connection with a November 2012 explosion off Louisiana’s coast that left three workers dead and others badly injured. Multiple media...
BP Settlement May Not Resolve Louisiana Universities’ Suits
Aug 18 2015 // BP PLC’s $18.7 billion settlement for its 2010 oil spill may not end lawsuits filed by two Louisiana public university systems against the oil giant, a newspaper reported. Since many details are under wraps, it...
Amount of Louisiana Citizens Insurance Rebate Being Cut
Aug 17 2015 // As part of a package of tax credit reductions passed by the Legislature, Louisiana’s property insurance policyholders will lose 28 percent of a tax credit they can get for covering the debt of the state’s...
10 Years After Katrina/Rita Louisiana Citizens’ Market Share at 1.8%
Aug 12 2015 // The market share of Louisiana’s property insurer of last resort — Louisiana Citizens Property Insurance Corp.— has declined from 9.8 percent to 1.8 percent in the 10 years after back-to-back Hurricanes Katrina...
Hazards Lead to $156K in Fines for Louisiana Trucking Firm
Aug 11 2015 // A trucking company based in Louisiana has been cited by federal workplace safety officials for exposing workers to various safety and health hazards. Proposed penalties total $156,800. Transporter Maintenance and...
SBA Disaster Assistance Available in Louisiana Due to Flooding
Aug 10 2015 // Low-interest federal disaster loans are still available to Louisiana businesses and residents affected by the Red River flooding that occurred May 18 through June 20. U.S. Small Business Administration Administrator Maria...
Louisiana to Host Post-Katrina/Rita Insurance Market Summit
Aug 7 2015 // The Louisiana Department of Insurance is hosting an event to discuss the property/casualty insurance market as the state marks the 10 years that have passed since Hurricanes Katrina and Rita caused more than $28 billion in...
Lafayette, Louisiana Officials Mull Insurance, Regulations for Uber
Aug 6 2015 // The Lafayette City-Parish Council is considering new regulations to require Uber and similar companies to do regular background checks on contract drivers, inspect vehicles and carry insurance above and beyond what state...
Louisiana Citizens Insurance Rebate Being Lowered
Aug 4 2015 // Everyone in Louisiana who buys property insurance will lose 28 percent of a tax credit they can get for covering the debt of the state’s property insurer of last resort. In addition, the reduction is retroactive,...
Main Street America to Offer Surety, Fidelity Bonds in Louisiana
Aug 4 2015 // The Main Street America Group announced it has received regulatory approval from the Louisiana Department of Insurance to write commercial surety and fidelity bonds in the state. The business will be underwritten through...
Louisiana Health Insurance Co-op to Shut Down Voluntarily
Aug 3 2015 // A nonprofit cooperative formed to provide health insurance in Louisiana is on the way to shutting down. Louisiana Health Cooperative said it will honor all in-force policies for its approximately 17,000 policyholders. It...
Louisiana to Withdraw from Multi-State Surplus Lines Clearinghouse
Aug 3 2015 // Effective Oct. 1, Louisiana will withdraw from the Nonadmitted Insurance Multi-state Agreement (NIMA) and the NIMA-sponsored surplus lines clearinghouse, state insurance regulators announced. The state’s withdrawal...
Louisiana-Based Workers’ Comp Insurer Expands Into Texas
Jul 30 2015 // LUBA Workers’ Comp, based in Baton Rouge, La., is now offering workers’ compensation insurance coverage to businesses in Texas. LUBA Workers’ Comp covers businesses in Arkansas, Louisiana and Mississippi...
Extension Granted for Flood Proof of Loss Forms in Louisiana
Jul 29 2015 // The Federal Emergency Management Agency (FEMA) has extended its filing deadline for National Flood Insurance Program (NFIP) policyholders in Louisiana impacted by recent flooding, the insurance department announced. The...
Louisiana Health Insurance Co-op to Shut Down Voluntarily
Jul 27 2015 // A nonprofit cooperative formed to provide health insurance in Louisiana is on the way to shutting down. Louisiana Health Cooperative said it will honor all in-force policies for the approximately 17,000 individuals that...
Louisiana Man Gets 14.5-Year Sentence After Sixth DWI Conviction
Jul 24 2015 // A 45-year-old Baker, La., man has been sentenced to 14 1/2 years in state prison for his sixth DWI conviction since 2000. Prosecutors say Michael Scott Oneill’s blood-alcohol level was 0.152 percent when he was...
