December 15, 2020
The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …
October 1, 2020
The Louisiana Department of Insurance has issued a cease and desist order and summary suspension of producers license to a Lake Charles, La., agent for alleged misappropriation of premium funds. Valerie M. Muse reportedly confessed to her employer that she …
April 16, 2020
The Louisiana Department of Insurance says collectively auto insurers will return more than $187 million in premium to drivers in the state in the form of refunds and rebates on auto insurance policies. Insurance Commissioner Jim Donelon notes that auto …
April 8, 2020
The Louisiana Department of Insurance has approved the filing by Bluefire Insurance to reduce its auto insurance rates in Louisiana, the company said, The 2.3% statewide rate reduction is effective March 25 Bluefire Insurance describes itself as a managing general …
September 9, 2019
State Farm Mutual Insurance Co. has filed for an overall statewide average private passenger auto insurance rate reduction of 2.6% in Louisiana, according to the state insurance department. The Louisiana Department of Insurance said the filing is pending review. If …
June 17, 2019
Louisiana Farm Bureau is following the downward trend in auto insurance rates started by State Farm and Progressive insurance companies, the Louisiana Department of Insurance reported. Louisiana Farm Bureau has filed for a 4.4% rate decrease on 220,000 automobile policies, …
April 4, 2019
The Louisiana Department of Insurance has served the owners and an employee of Scholars First LLC, a provider of bus transportation services to several New Orleans-area charter schools, with cease and desist (C&D) orders for their alleged roles in the …
February 5, 2019
An insurance business owner and former official for a Louisiana port has been arrested for stealing nearly $1 million from his clients, authorities said. Kristian Gaudet, 45, of Cut Off, was charged with two counts of felony theft, The Courier …
August 22, 2018
A new task force created to investigate the high cost of auto insurance in Louisiana held its first meeting on Aug. 21, the Louisiana Department of Insurance reports. The Louisiana High Auto Rates Task Force was formed by Insurance Commissioner …
August 1, 2018
A law that goes into effect today in Louisiana allows insurance producers to employ convicted felons if the producer obtains permission or consent in writing from the state insurance commissioner. The Louisiana Department of Insurance reports that before the new …