May 7, 2009
Two bills of interest to the insurance industry are making their way through the Louisiana legislative session, which convened April 27. House Bill 333, by Rep. Kleckley, which places limitations on named-storm, hurricane, and wind and hail homeowner insurance deductibles, …
May 7, 2009
Hurricane season is just weeks away, but many south Louisiana parishes cannot show their disaster plans cover evacuation of at-risk populations such as the disabled, the homeless and the elderly, according to the Disaster Accountability Project, a student-led watchdog group. …
May 7, 2009
A Houma, La., area insurance agent has been served with a cease and desist order, notice of license revocation and $5,000 fine for alleged misappropriation of premiums, the Louisiana Department of Insurance announced. Al Patrick Boudreaux, Jr., 27, is alleged …
May 6, 2009
A New Orleans area insurance agent has been served with a civil fine notice and license suspension for allegedly filing a fraudulent stolen vehicle claim with his insurer, the Louisiana Department of Insurance reported. Robert Sheard, 60, was served by …
May 4, 2009
Mississippi River-Gulf Outlet. Photo: Michael Maples/U.S. Army Corps of Engineers Long awaited court proceedings pitting the Army Corps of Engineers against victims of flooding in New Orleans as a result of Hurricane Katrina got underway April 20 with the testimony …
May 4, 2009
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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …
May 1, 2009
A California man described by prosecutors as a “straw man” for a convicted felon’s illegal insurance business in Louisiana has been sentenced to three years of probation. U.S. District Judge Carl Barbier also on Wednesday ordered 67-year-old James Zoucha, of …
April 30, 2009
Insurance companies should be restricted in their use of so-called “named storm” deductibles in Louisiana, even though the change will probably trigger a rate increase for homeowners, a House committee voted on Wednesday. Insurers in Louisiana and other states have …
April 29, 2009
Jeanne Campbell has joined Shreveport, La.-based Specialty Risk Associates Inc. in the company’s Baton Rouge office as an assistant underwriter. Campbell has more than 13 years’ experience in the retail and wholesale segments of the insurance industry. Source: Specialty Risk …
April 29, 2009
Officials from three states of the Gulf Coast are meeting this week to discuss preparations for hurricane season. The 2009 Gulf States Hurricane Conference is being held Wednesday through Friday at the Coast Coliseum and Convention Center in Biloxi with …