Louisiana News

The Flood Insurance Coverage Paradox

You May Not Know What You Think You Know About Flood Insurance Claims When dealing with claims under flood insurance policies, you may be surprised that many things you think you know are wrong, and, particularly for insureds, many things …

10 Things to Know About … Energy, Oil & Gas

The types of risks classified under the energy insurance category range from offshore energy (exploration and production), offshore energy construction, onshore energy (oil refining, gas processing, petrochemical plants and biomass), operational engineering (power stations, including thermal, wind, nuclear and solar), …

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. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …

Union Pacific Freight Car Carrying Molten Sulfur Derails in Louisiana

Louisiana State Police have lifted a shelter-in-place order resulting from the derailing of a freight train car carrying molten sulfur near Placquemine, La., on Mar. 7. The derailed freight car sprang a leak and dribbled stinking orange-and-yellow goop into Bayou …

Business Moves

Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …

Business Moves

Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …

Study Unveils Target Areas for Flood Insurance Policy Sales

But Selling More Policies in These Communities at Subsidized Premiums Could Sink Federal Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens …

Business Moves

Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …

Former Insurance Brokers Sentenced in Louisiana Bribery Scheme

Two major figures, both former insurance brokers, in a wide ranging investigation into corruption at the Orleans Parish School Board have been sentenced in federal court by U. S. District Judge Martin L. C. Feldman, according to an announcement released …

Supreme Court Weighs When Elected Judges Should Step Aside

Concerned about dwindling confidence in the impartiality of judges, the Supreme Court leaned this toward forcing elected judges to step aside from cases that would raise an appearance of bias if they took part. “Our whole system is designed to …