Louisiana News

Report: South Dakota Lost 1,400 Construction Jobs

A national trade organization estimates the number of lost construction jobs in South Dakota at 1,400 during a year in which a weak economy and tight credit slowed developers and builders. The 6 percent drop in South Dakota jobs, from …

Louisiana Citizens Rate Increase Will Be Less Than Expected

A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the company’s CEO John Wortman said. Instead, the average statewide increase will likely be between 5 percent and …

Decades in the Making, NAIC Outlines Natural Catastrophe Plan

White Paper Approved at Fall Meeting with Near-Unanimous Vote Though it may seem like the debate over the creation of a national catastrophe insurance plan is a relatively recent phenomenon, the National Association of Insurance Commissioners actually began addressing the …

People

Eagan Insurance Agency, based in Metairie, La., has added six insurance professionals to its staff. Joining the family business are Andrew Eagan and David Strassel, both members of the fifth generation of the Eagan family to actively participate in the …

People

David Daniel was inaugurated as the chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the recent Big “I” Leadership Conference in New Orleans, La. He will lead the organization as chairman for the 2009-2010 …

21st Century Holding Targeted by Florida Insurer

Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12 letter addressed to Bruce …

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. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Study: Workers’ Compensation Public Options Outperform Private Industry

State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …

Study: Workers’ Compensation Public Options Outperform Private Industry

State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …

Why Agents Must Remain Involved in Healthcare Debate

Imagine for a moment a law passed by Congress declaring that physicians are prohibited from performing surgery. Instead of going to a doctor for an operation, you would be required to have your surgery performed by community volunteers who might …