Louisiana News

The Coverage Conundrum in Chinese Drywall Claims

Unless you live in Florida or Louisiana, or regularly read the Insurance Journal, you may only now being hearing about the latest mass tort craze: Chinese-Manufactured Drywall (often simply referred to as “Chinese Drywall”). The property damage and personal injury …

Allstate to Stop Paying Living Expenses for Some Louisiana Customers

Allstate Insurance will no longer pay emergency living expenses for about 16,000 of its coastal homeowners in Louisiana who have wind and hail coverage through another carrier. The change affects about 10 percent of Allstate’s 160,000 covered homeowners in the …

Louisiana Agent Accused of Premium Theft, Unfair Trade Practices

A Scott, La., area insurance agent has been arrested, issued a cease and desist order, summary suspension of his license and fine notice for alleged misappropriation of premiums and unfair trade practices. Carmen Miller, 53, with The Miller Agency, was …

Minnesota Agent Installed as Vice Chairman of Big ‘I’

Michael “Mike” R. Donohoe of Mankato, Minn., was installed as vice chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the association’s recent Leadership Conference in New Orleans, La. Mike Donohoe is an owner and …

Fugate Brings Florida Ideas to FEMA

Craig Fugate brought three lessons with him when he took over the Federal Emergency Management Agency: Always be ready for disasters, make sure people take responsibility for themselves and get the message out creatively. He also is stressing FEMA isn’t …

Louisiana Insurance Agents Fined for Alleged Fraud

Two Denham Springs, La., insurance agents have been accused of committing insurance fraud, and were served with cease and desist orders, summary suspension notices and fine notices by the Louisiana Department of Insurance. Christine Touchet, 37, was served on Sept. …

The Woodlands Financial Group Opens 3 New Offices

The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency based in The Woodlands, Texas, has opened three new branch locations. Steve Lovecchio has opened a new branch in New Orleans, La. Lovecchio comes to TWFG with almost …

La. School Board Settles Gustav Claim

The West Baton Rouge Parish School Board has settled a yearlong Hurricane Gustav claim negotiations with AXIS Surplus Insurance Co. Gary Pennington, a representative with Jansen International, said last week the insurance company will pay about $850,000 worth of hurricane …

Louisiana Man Charged with Arson, Conspiracy

Fire investigators have arrested a Louisiana man on charges of arson with intent to defraud, conspiracy to commit arson with intent to defraud and filing a false police report. Lafayette Fire Department officials say the arrest was the result of …

Agent Group Installs New President, President-Elect

J. 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 …