Louisiana News

Ascension Parish to Lobby Against Flood Insurance Increase

A councilman from Louisiana’s Ascension Parish is heading to Washington, D.C., to lobby against an increase of premium rates for National Flood Insurance Program policyholders. The Advocate reports Councilman Randy Clouatre plans to meet with members of the state’s congressional …

Louisiana’s Ag Economy Hits Record $11.4B in 2012

The LSU AgCenter says high prices and record yields for corn and soybeans drove Louisiana’s agricultural economy to a record high of $11.4 billion last year. That’s about 6.5 percent more than the 2011 total of $10.7 billion and $500 …

Storms Flood Streets, Damage Houses in Southeast Louisiana

A fast-moving line of intense thunderstorms flooded streets, knocked out power to more than 30,000 people in southeast Louisiana on April 24 and spawned two tornadoes that damaged homes and businesses in Jefferson Parish. No injuries were reported. Kenner officials …

Louisiana Will Chip in on Bayou Pointe-aux-Chenes Floodgate Cost

State officials in Louisiana have approved a grant that will pay for 50 percent of the cost of a new floodgate to be built on Bayou Pointe-aux-Chenes. The Courier reports the barge floodgate will be 56 feet wide and 18 …

Audit Says Louisiana May Owe Feds for Misspent Storm Aid

Louisiana may owe the federal government more than $115 million for disaster relief aid that was misspent or awarded to ineligible recipients after hurricanes Katrina and Rita, a state audit said. The legislative auditor office’s review of the Office of …

Louisiana Lawmakers Seek Better Oversight of Salt Mines

Lawmakers in Lousiana are looking to prevent a repeat of the massive Assumption Parish sinkhole that officials say was caused by a collapsed underground salt cavern – and make sure prospective property owners know what may lie beneath the ground …

Louisiana Town Wants to Toughen Law on Pit Bulls

City officials in Westwego, La., want to make it more difficult for residents to own pit bulls in a crackdown following a near-fatal attack last month. The Times-Picayune reports officials are working on amendments to Westwego’s pit bull ordinance, proposing …

A.M. Best Downgrades Rating of LEMIC Insurance Co.

A.M. Best Co. announced it has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of workers’ compensation insurer LEMIC Insurance Co. (LEMIC) of Baton Rouge, La. Both ratings have …

Houma, Louisiana Floodgate to Be Ready for Hurricane Season

The flow of the Houma Navigation Canal in Louisiana completely stopped recently for the first time in the waterway’s 50-year existence. The door of the Bubba Dove Floodgate was connected and fully closed as part of ongoing improvements to the …

Insurance Company Settlement Money to Bolster Louisiana’s Budget

Louisiana has received $95 million in legal settlements with insurance companies, ending questions about whether the money would roll in for this year’s budget or leave lawmakers scrambling to fill a shortfall. Commissioner of Administration Kristy Nichols announced the settlement …