Louisiana News

Kentucky Among States Considering Ban on Texting While Driving

Motorists would be forbidden to send text messages while behind the wheel under proposals awaiting legislative action in Kentucky early next year. Two lawmakers have filed bills that would add Kentucky to a growing list of states — 18 so …

First Trial over FEMA Trailer Fumes Set to Begin in New Orleans

Years after hurricanes Katrina and Rita left thousands of families living in government-issued trailers, one of the first trials is set to begin over whether dangerous fumes from the temporary homes sickened storm victims. The lawsuits accuse trailer makers of …

Louisiana Citizens Board OKs Proposed Rate Hike For 2010

Policyholders of Louisiana’s state-backed property insurance company will see an average statewide rate increase of about 10 percent next year, under a proposal preliminarily approved by the firm’s board on Sept. 10. The Louisiana Citizens Property Insurance Corp. board forwarded …

Alleged $1.2M in Workers’ Comp Fraud Leads to Arrest in Louisiana

The Louisiana Workforce Commission (LWC) and the state’s attorney general reported the arrest of a Louisiana couple for alleged workers’ compensation premium fraud. Mauro and Keren Aguirre, owners of Escapade Acoustic Drywall in Lafayette, are charged with felony theft and …

Louisiana Agent Accused of Pocketing Insurance Premiums

A Thibodaux, La., insurance agent and his agency have been issued a cease and desist order, summary suspension of licenses and fine notice for 12 counts of alleged misappropriation of premiums, the Louisiana Department of Insurance reported. Robert Joseph Boudreaux …

Trial Date Set for ex-Louisiana Citizens CEO Lisotta

A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana’s insurance company of last resort. Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp., tried to get the …

States Give a ‘Thumbs Up’ to Fingerprinting Insurance Producers

Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …

Rates, Claim Frequency Still Declining in Workers’ Comp; Medical Costs Rise

States Are Not Equal in Handling Worker Injuries Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the National Council on Compensation Insurance …

Business Moves

Grain Dealers/Main Street Grain Dealers Mutual Insurance Co., an Indiana-domiciled regional property/casualty insurance company, will become an affiliate of Florida-based Main Street America if approved by the Indiana Department of Insurance. Financial terms were not disclosed. Grain Dealers Mutual operates …

It Figures

$692,000 The Louisiana Department of Insurance owes $692,000 for legal fees and other costs in a dispute with the Office of the Legislative Auditor over access to internal documents. Insurance Commissioner Jim Donelon sued the auditor’s office in 2007 in …