Latest Louisiana Headlines
All the headlines from our Louisiana Topic Page, ordered by recency.
A.M. Best Affirms Ratings of Louisiana-Based AMERISAFE, Subsidiaries
Mar 20 2015 // A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” of DeRidder, La.-based AMERISAFE Inc. and its property/casualty subsidiaries: American Interstate...
It’s Time for Insurance Reform in Louisiana
Mar 17 2015 // Louisiana is vulnerable to extreme weather and natural catastrophes in ways only a few other states experience. By all indications, that exposure will only grow worse, as a combination of sea rise, erosion and subsidence...
Louisiana Citizens Property Insurance CEO Resigns Unexpectedly
Mar 16 2015 // The chief executive officer of state-backed Louisiana Citizens Property Insurance Corp. abruptly resigned following a closed session of the insurer’s board of directors to discuss personnel matters. The Advocate...
Sedgwick to Oversee Louisiana Property/Casualty Self-Insurance Program
Mar 16 2015 // A new private contractor is being hired to oversee claims processing and loss prevention services for Louisiana’s self-insurance program. The Office of Risk Management announced that Sedgwick Claims Management...
Feds to Study Cracks in Monroe, Louisiana Floodwall
Mar 11 2015 // The U.S. Army Corps of Engineers says it will study the 81-year-old floodwall that protects Monroe from the Ouachita River, to try to determine why the structure is cracking. Tensas Basin Levee District personnel first...
Louisiana’s LCTA Workers’ Comp Adds D’Angelo to Board
Mar 9 2015 // Louisiana-based workers’ compensation insurer, LCTA Workers’ Comp (LCTA), has added John D’Angelo to its board of trustees. John D’Angelo D’Angelo founded Investar Bank in Baton Rouge, La., in...
BP Drops Opposition to Gulf Oil Spill Claims Chief It Criticized
Mar 8 2015 // BP has abruptly switched legal strategies—again—in the multi-billion-dollar liability fight stemming from the April 2010 Gulf of Mexico oil spill. The company dropped a campaign to oust a settlement administrator it...
Anthem Breach Hits Louisiana’s Office of Group Benefits
Mar 5 2015 // A state office that provides insurance plans for Louisiana’s state employees says personal information of some of its members was obtained by hackers who breached the online security of Anthem Inc. The Office of...
Lake Charles, Louisiana to Keep Class 2 Fire Protection Rating
Mar 5 2015 // The Property Insurance Association of Louisiana says Lake Charles will maintain its Class 2 fire protection rating for the next few years. By keeping the Class 2 rating, which the city has maintained since the 1980s,...
Exxon Hit with Lawsuit in Louisiana over Denied Tainted Fuel Claims
Mar 3 2015 // ExxonMobil has paid more than $4.6 million to nearly 2,900 motorists impacted by the company’s production of more than 5 million gallons of tainted fuel distributed in the Baton Rouge area in March...
Red-Light Camera Lawsuits Reinstated in Louisiana Parish
Mar 2 2015 // The battle over Jefferson Parish’s defunct red-light camera program is headed back to district court, after appellate judges reversed decisions throwing out ticketed drivers’ lawsuits against the parish and...
Home Insurer 1347 PIH Ends Kingsway Contract, Eyes Expansion
Mar 2 2015 // Tampa, Florida-based 1347 Property Insurance Holdings Inc., which sells homeowners insurance in Louisiana and has plans to expand to other coastal states, announced it has bought out the management services contract with a...
Louisiana Alleges Insurance Agency Owner Pocketed Premiums
Feb 27 2015 // An East Baton Rouge Parish insurance agency owner recently was served by Louisiana Department of Insurance Fraud Division investigators with a summary suspension and a cease and desist order for alleged misappropriation of...
People – South Central
Feb 23 2015 // Property/casualty insurance media company, Wells Media Group, announced four C-suite and managerial staff promotions. Julie Tinney now serves as chief marketing officer, Josh Carlson has been promoted to chief technology...
Despite Fewer Claims, Louisiana State Employees’ Workers’ Comp Costs Rise
Feb 23 2015 // The number of workers’ compensation claims filed by Louisiana state employees dropped by nearly one-third over the last eight years, but claims costs for state agencies continued to surge higher, according to a state...
Louisiana’s ‘Sobriety Court’ Program Targets Drunk Drivers
Feb 18 2015 // State court officials in Lafayette are three months into a program designed to wean habitual drunken drivers off of alcohol. The Advocate reports it’s a program that demands sobriety and discipline from offenders who...
Federal Judge Dismisses Louisiana Levee Board’s Suit against Oil Companies
Feb 16 2015 // A federal judge has dismissed a New Orleans-area levee authority’s lawsuit charging oil and gas companies with destroying Louisiana’s coastal wetlands. The lawsuit was filed by the Southeast Louisiana Flood...
LCTA Workers’ Comp Adds Boudreaux as Loss Control Rep in Louisiana
Feb 11 2015 // Louisiana’s LCTA Workers’ Comp has hired Paul Boudreaux as loss control representative. In this position, Boudreaux will perform onsite safety inspections to identify workers’ compensation exposures and...
Despite Fewer Claims, Louisiana State Employees’ Workers’ Comp Costs Rise
Feb 11 2015 // The number of workers’ compensation claims filed by Louisiana state employees dropped by nearly one-third over the last eight years, but claims costs for state agencies continued to surge higher, according to an...
Louisiana Senator Accuses President of ‘Meddling’ with Floodplain Standards
Feb 9 2015 // U.S. Sen. David Vitter, a Republican from Louisiana, says a climate action plan set forth by President Barak Obama would drastically change floodplain maps and result in increased flood insurance rates. Vitter is chairman...
