State Farm Fire & Casualty Co., Louisiana’s largest insurer of homes, is asking state insurance regulators for permission to boost premiums by an average 8.5 percent. In a filing released by the state insurance department, State Farm said the requested …
Five Louisiana metropolitan areas saw home foreclosure activity jump in 2010 as the national housing crisis spread from its initial hot spots, a tracking firm said. Irvine, Calif.-based RealtyTrac said foreclosure filings for homeowners – ranging from an initial default …
Louisiana added 26,300 non-farm jobs in 2010 as it continued to plow through a slow economic recovery, state labor officials said. The state still had 42,200 fewer jobs last month, on a non-seasonally adjusted basis, than in December 2008 – …
More than 1,500 Louisiana homeowners saw their residences swept away by seizure during the third quarter of 2010, a national company that tracks foreclosures reported Oct. 14. Irvine, Calif.-based RealtyTrac said that in addition to 1,560 foreclosure sales, another 2,819 …
Louisiana homeowners who get their insurance coverage from five companies owned by Allstate Corp. will start paying higher rates in either November or December. Insurance Commissioner Jim Donelon recently approved rate increases ranging from 2.9 percent to 11.6 percent, depending …
In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding actual and potential job losses piling up at a staggering rate. And there’s very little that the state can do: The tally …
State Farm Fire and Casualty Co., Louisiana’s largest residential insurer, has been approved for an average 9.9 percent rate increase for homeowners’ coverage in Louisiana. However, coastal areas vulnerable to hurricanes will be bearing much of the brunt. Insurance Commissioner …
Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average 7 percent statewide. Rate increases — as well as decreases — will vary widely, especially in southeastern Louisiana where Louisiana Citizens Property …
Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average7 percent statewide. However, rate increases – as well as decreases – will vary widely, especially in southeastern Louisiana where Louisiana Citizens Property …
Louisiana’s property insurer of last resort allowed too much access to computer systems, opening the door for potential fraud, and failed to take enough steps to make sure that policy applicants were eligible for coverage, according to a state audit …
