The governing board of Louisiana’s state-backed property insurance firm has postponed for one month a decision on whether to change the fee paid by policyholders to pay off debt incurred because of claims from Hurricane Katrina. All property insurance policyholders …
Louisiana Commissioner of Insurance Jim Donelon announced that the Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) within the Department of Insurance has launched a new Web site with information and statistics about insurance fraud and vehicle theft. The …
Today 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 and was the first …
Louisiana’s state-backed property insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year’s 7 percent increase, the firm’s chief executive said. Louisiana Citizens Property Insurance Corporation CEO …
FARA, a nationwide insurance services organization based in Mandeville, La., has added Laura Tarantino to its executive team as senior vice president and general counsel. In addition to the overall responsibility of all legal aspects of the business, Tarantino will …
Louisiana Gov. Bobby Jindal has vetoed a bill that would expand the time for filing a workers’ compensation claim from two to three years. Jindal issued the veto of the bill by Alexandria Rep. Chris Roy on July 6. Supporters …
The Louisiana Supreme Court recently reversed the decision of trial and appeals courts, which had ruled in favor of an insurer in a case involving an uninsured/underinsured motorist. In Marco Demma, III v. Automobile Club Inter-Insurance Exchange (2008-C -2810), the …
Issues Addressed “This legislation addresses a number of issues that have made it tough for insurance companies to remain engaged along the Texas coast, making it difficult for citizens to get the windstorm coverage they need and exerting upward pressure …
The Louisiana Legislature adjourned June 25, approving two bills of importance to the insurance industry late in the session, but bypassing several tort reform measures that some insurance and business trade groups had supported. SB 130, which revises the way …
Houston-based insurance agency Bowen, Miclette & Britt named Dan Persha director of environmental risk management. With 30 years of commercial insurance brokerage experience, Persha specializes in heavy casualty, energy and environmental services placements. Persha holds Certified Insurance Counselor and Certified …
