July 30, 2009
Louisiana’s Jefferson Parish now has $7.2 million with which to raise 40 homes out of the danger of floods. The money was awarded to the parish by the Federal Emergency Management Agency and the Louisiana Recovery Authority. Officials say the …
July 30, 2009
New Orleans got more than $1 billion for tax-free bonds to help spur development after Hurricane Katrina, but it’s finding few takers amid a tight credit market and lingering jitters about investing here nearly four years after the storm. About …
July 29, 2009
The Louisiana Workforce Commission (LWC) has reported that the number of private sector jobs in Louisiana grew by 700 from May to June, led by increases in most major industry sectors. The job gains were offset largely by a drop …
July 27, 2009
Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts remain flooded (pun intended) with lawsuits between insurers …
July 23, 2009
As the fourth anniversary of Hurricane Katrina nears, four new reports by Congress’ investigative arm have found a wide range of problems with the federal government’s handling of the storm’s aftermath. The Government Accountability Office reports were a reminder that …
July 22, 2009
Louisiana Gov. Bobby Jindal says post-storm damage payments from insurance settlements and Louisiana’s Road Home program following Hurricanes Katrina and Rita are contributing to a $1 billion Medicaid shortfall for his state. Jindall’s office says he is trying to work …
July 21, 2009
Governors attending their national convention in Biloxi on Mississippi’s Gulf Coast have seen signs of Hurricane Katrina recovery — glitzy casinos packed with tourists, new condominium towers rising along the beach, the major expansion of a bustling state port. However, …
July 21, 2009
Louisiana was among the 38 states that recorded higher unemployment rates in June, but the state has experienced job growth during the past year in certain industry sectors. The Louisiana rate of 6.8 percent remains significantly lower than the national …
July 20, 2009
This month marks the four-year anniversary of Hurricane Dennis, a Category 3 storm that slammed into the panhandle of Florida with sustained winds of 120 m.p.h. While Dennis inflicted more than $2.2 billion in damage in 2005 in what was …
July 20, 2009
Louisiana Citizens Property Insurance Corp. CEO John Wortman said the state-backed property insurer will likely seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year’s 7 percent increase. The percentage increases …