Louisiana News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …

2009 Outstanding CSR State Award Winners Named

The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …

Louisiana Supreme Court: Payment by Insurer Establishes Liability

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 …

Louisiana Workers’ Compensation Corp. Names Scholarship Recipient

Mary K. Stelly of Arnaudville, La., has been selected as the 2009 recipient of the Stephen W. Cavanaugh Scholarship, awarded annually by the Louisiana Workers’ Compensation Corporation (LWCC) to an outstanding Louisiana student majoring in an insurance-related field. Stelly will …

Louisiana Commissioner: Session Successful for Insurance Bills

Louisiana Commissioner of Insurance Jim Donelon says the recently adjourned 2009 Regular Session of the Louisiana Legislature was a success when it came to insurance legislation. The Department of Insurance (DOI) saw 20 out of its 21 proposed insurance bills …

Insurer Group Asks Louisiana Governor to Veto Workers’ Comp Bill

The Property Casualty Insurers Association of America (PCI) has asked Gov. Bobby Jindal to veto House Bill 658, workers’ compensation legislation that PCI believes would increase the likelihood of fraudulent claims, an insurer’s exposure to lawsuits, and the need for …

Texas-based The Woodlands Financial Group Opens 6 New Locations

The Woodlands, Texas-based retail and managing general insurance agency, The Woodlands Financial Group Inc. (TWFG), has opened 6 new branch locations. Shawn Thomas has opened a new branch in Houston. Thomas comes to TWFG with nine years’ insurance experience, most …

Report on Federal Probe Into Deadly Katrina Flooding Released

An in-depth study by more than 150 experts commissioned by the Army Corps of Engineers to look into the catastrophic failure of the levees during Hurricane Katrina is done, though the report released June 26 divulged little research that hadn’t …

Louisiana Passes Workers’ Comp Medical Treatment Bill

The Louisiana Legislature passed SB 303, workers’ compensation medical treatment legislation, just before it adjourned on June 25. According to the American Insurance Association (AIA), SB 303 requires that medical treatments adhere to a new treatment schedule and that such …

All North Carolina Homeowners Could Pay If Insurers, Beach Plan Fall Short

Every insured homeowner in North Carolina could shoulder the cost of rebuilding if a massive hurricane hits under a deal taking shape in the Legislature. The legislation (HB1305), expected to be detailed in a House committee this Thursday, aims to …