Louisiana News

2 Louisiana Parishes File Suits Against Oil Companies

Two southeast Louisiana parishes filed multiple lawsuits against numerous oil and gas companies, claiming they failed to restore damage their operations did to coastal areas while releasing toxic pollutants, in violation of state law. Attorneys for Jefferson and Plaquemines parishes …

Workers’ Comp Rate Cut Recommended for Louisiana

A national group is recommending that the state of Louisiana cut workers’ compensation rates by 5 percent because of fewer workplace claims among other factors. The Times-Picayune reports the National Council on Compensation Insurance has filed documents with the Louisiana …

Lack of Insurance Could End Police Patrols in Louisiana Town

The town of Sorrento, La., has less than two weeks to find liability insurance to back its police department before the current insurance lapses. Assistant Police Chief Ricky Smith says he has submitted paperwork to six different insurance providers. A …

Industries Confront Louisiana’s Skilled Labor Gap

A Harahan manufacturing company has had to recruit outside Louisiana for skilled trade workers. The Laitram Corp. isn’t alone in its difficulty finding trained workers for such jobs as electricians and welders. Turner Industries Group, an industrial construction and vessel …

USG Insurance Services Adds Lee as Producer/Broker in Louisiana

USG Insurance Services Inc., a national wholesaler and managing general agent, announced the expansion of its Louisiana operations with the return of Gina Lee as a producer/broker based in Mandeville, La.. Lee most recently held the position of branch manager …

Louisiana Insurance Companies Stonewall on Enrollee Data

The three main companies offering health insurance plans to Louisiana residents on the federally run online health marketplace have refused to say how many people have been able to sign up for coverage. The marketplace offers health insurance options for …

Louisiana Lawmakers Urged to Act on Flood Insurance Rate Hikes

Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in flood insurance costs around the nation. Don Cravins, chief of staff for U.S. Sen. Mary Landrieu, urged …

Louisiana Forensic Firms Move into New Business Lines

After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed with thousands of damage claims. Since the storm, the companies that remain in New Orleans have had to find new …

Rating Improves for Cameron Parish Fire District

The fire protection grading in Cameron Parish’s Fire District 15 has improved from Class 6 to Class 4, which will reduce fire insurance premiums for residents of the district. State Insurance Commissioner Jim Donelon said the rate reductions will begin …

Imperial Management Corp. Acquires National Automotive Insurance

Imperial Management Corp. (IMC) announced an agreement to purchase National Automotive Insurance Co. (NAIC) headquartered in Metairie, La. The transaction is pending approval of the Louisiana Department of Insurance and is expected to close the first week of November 2013. …