Louisiana News

House Panels Face Environmental, Insurer Groups Over Catastrophe Bill

Two House subcommittees have scheduled a joint hearing today on ways to address homeowners insurance costs in disaster-prone communities, an issue that has some environmentalists, taxpayer groups and insurers standing together. Testimony at today’s hearing will revisit the Homeowners Defense …

Lobell Joins Insurance Marketing & Sales Society Designation Programs

Rhonda Lobell has signed on as sponsor for the American Insurance Marketing & Sales (AIMS) Society Certified Professional Insurance Agent (CPIA) designation programs in Louisiana and Mississippi. A 30-year insurance industry veteran, Lobell started her career at the Louisiana Department …

Who Dat? Inc. Sues NFL Properties, New Orleans Saints, La.

The company that made a 1983 recording of what became one of the New Orleans Saints’ most popular cheers has filed a trademark suit against the state and the team. NFL Properties LLC, which deals with National Football League trademarks, …

Losses From Latest East Coast Snow Storm Pegged at up to $300M

Boston-based risk modeling firm AIR Worldwide estimated that the insured losses from the winter storm that struck the East Coast between February 23 and 28 will be between $150 million and $350 million. Total Insured losses from two prior storms …

People

Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive committee. He is also a …

State of Challenge: How Florida’s Surplus Lines Agents Are Faring

Interview with FSLA President Bruce Bowers Weak Economy, Insureds Going Bare, Hungry Admitted Markets and Citizens’ Low Rates Test Agents Hurricane Andrew, for all of the grief it delivered, gave wholesale broker Hull & Co. and Bruce Bowers a big …

Texas Catastrophic Weather Losses Totaled $2.5B in 2009

Texas in 2009 experienced weather catastrophes that resulted in more insured losses than any other state. Texas experienced 10 weather catastrophes in 2009 that caused nearly $2.5 billion in losses. The next highest state in insured losses was Colorado with …

People

Lockton Dunning Benefits appointed Sheri Pixley to the newly created position of executive vice president and practice leader of the Dallas-based health and welfare practice. Pixley has been involved in consulting with employers on employee benefit programs for the past …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Outbreak Extra Expense Market Detail: American Underwriting Managers offers a product designed to provide businesses …

Global Warming Litigation Just Getting Started; Costs Will Be Significant

Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or imploding. One such issue with serious implications for …