August 26, 2009
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 an …
August 25, 2009
Louisiana Citizens Property Corporation will now pay a group of attorneys in a class action lawsuit $6 million in order to go forward with the appeal of a $95 million award against the state backed insurer of last resort for …
August 24, 2009
The Louisiana Citizens Property Insurance Corporation will file an appeal today of a $95 million award in a class action lawsuit that accused the state-backed property insurer of last resort of taking too long to pay claims after Hurricane Katrina …
August 21, 2009
Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be drunk drivers, robbers, forgers, possibly even rapists. They got their producer licenses in states that did not ask them for their …
August 20, 2009
Louisiana-based insurance wholesaler, Specialty Risk Associates Inc., announced several changes to its management team that will become effective Sept. 1. Thomas Garland was named chief operating officer. Garland joined Specialty Risk in 2004 as vice president of Marketing and Underwriting …
August 20, 2009
Tejas American General Agency (TAGA), an independent privately-owned managing general agency based in the Austin, Texas, area, has recently added three new markets – Insurors Indemnity, Gotham Insurance Company and Accident Fund – which provide access to coverage for a …
August 20, 2009
Policemen may have the donut problem. But it is firefighters who get all the love these days, as evidenced by the $24,378 gift from Worldwide Facilities, Inc., and Fireman’s Fund Insurance Co. to the Los Angeles Fire Department to purchase …
August 19, 2009
The first hurricane of the 2009 Atlantic season may end up skipping past the United States, leaving insurers to hope that the next ominous storm clouds will come ashore with a silver lining. Insurers can face billions of dollars in …
August 19, 2009
Scouring an aerial photograph taken three days after Hurricane Camille crashed ashore on Mississippi’s Gulf coast, Richard Rose points to the spot where his father’s body washed into the chimney of a ruined home. Rose was only 10 when one …
August 19, 2009
Foremost Insurance Group has rolled out its new DistinctChoice Auto program in Louisiana. The auto program features increased limits, deductible options and the important coverages that drivers want. The new DistinctChoice Auto program offers broad eligibility and popular discounts. Some …