Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance Commissioners. The average premium in Louisiana for a standard homeowners policy in 2007, …
The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …
A law that goes into effect Jan. 1, 2010, increasing the required minimum liability auto insurance coverage is expected to increase insurance rates for more than 1 million Louisiana motorists. Though the change was approved by the Legislature in 2008, …
Louisiana Commissioner of Insurance Jim Donelon has named Secretary of State Al Ater to serve as chief deputy commissioner of insurance, effective Jan. 11, 2010. Ater was chief deputy commissioner of insurance from July 2004 until he returned to the …
Few Nebraska lawmakers participating in an Associated Press survey say they support legislation making liquor license holders liable for serving intoxicated customers who leave their establishments and hurt themselves or others. But one lawmaker has plans to introduce a proposal …
Sugarland, Texas-based Imperial Sugar Co. has settled the property insurance claim for the February 2008 industrial explosion at its Port Wentworth, Georgia refinery for an aggregate of $345 million. A final $45 million payment on the claim is expected to …
Louisiana insurance regulators are suing a company accused of selling worthless construction bonds for bids on hundreds of millions of dollars in government projects, Insurance Commissioner Jim Donelon said last week. Infinity Surety of Louisiana Inc. wasn’t licensed to operate …
A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) and issuer credit rating to “bb+” from “bbb-” of Catholic Knights of Milwaukee, Wisc. And has placed the ratings under review with negative implications. “These …
Among the many recommendations made by Louisiana’s Commission on Streamlining Government in its Dec. 14 report to the state legislature is one that would phase out the state’s property insurer of last resort. The commission advised that governance of Louisiana’s …
Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …
