Louisiana’s state-run property insurer of last resort is $56 million in the red, after it covers claims for Hurricane Isaac and settles class-action lawsuits for improper handling of past storm claims. Steve Cottrell, chief financial officer for the Louisiana Citizens …
A man who allegedly got a fully loaded AR-15 assault rifle from his pickup truck after being turned down for disaster food stamps is jailed in St. John the Baptist Parish, La. A claims processor in LaPlace told officers that …
Louisiana’s property insurer of last resort says Hurricane Isaac has resulted in over 13,000 claims and they expect more to come. Vice President and Chief Claims Officer of Louisiana Citizens Property Insurance Corp. Quin Netzel said most claims average a …
While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the property/casualty insurance industry in Louisiana, the state’s …
Thousands of flood insurance claims are being filed in the wake of Hurricane Isaac, a slow-moving storm that hammered several parishes in southern Louisiana with prolonged, drenching rains and tropical-storm force winds, leaving water damage in parishes that don’t typically …
A tow truck driver was killed Thursday morning in Pearl River County when a tree fell on his truck, the first death in Mississippi from Isaac. The death of the unidentified driver on a Picayune, Miss., street came during heavy …
Isaac is giving a team at Jackson State University in Mississippi the opportunity to test a tracking model that can predict a storm’s path with accuracy comparable to the National Weather Service.The National Weather Service predicts storms’ paths using real …
The Caribbean Catastrophe Risk Insurance Facility has reported that, while some of its members were impacted by tropical storm Isaac, most of the damage was minimal. “Dominica, Haiti and the Bahamas were the CCRIF countries affected by Isaac,” said the …
Mississippi Commissioner of Insurance Mike Chaney issued a statement urging coastal homeowners to take steps to protect their homes until the danger of Hurricane Isaac has passed.The commissioner advised homeowners that they should carry with them a home inventory when …
As Tropical Storm Isaac moved steadily toward Louisiana, residents geared up Monday for what has become an almost familiar Labor Day week event. On Sunday, Gov. Bobby Jindal declared a state of emergency, and officials in some coastal parishes either …
