September 26, 2012
Officials say tremors recorded in Louisiana’s Assumption Parish since late May could be why a brine cavern encased within the Napoleonville salt dome failed and caused a massive sinkhole. Texas Brine Co. spokesman Sonny Cranch said a tool used to …
September 25, 2012
U.S. Senator Mary L. Landrieu, D-La., announced that the U.S. Department of Housing and Urban Development (HUD) has urged Federal Housing Administration (FHA) mortgage lenders to ensure that homeowners receive the insurance payments they are entitled to from damage due …
September 25, 2012
The number of work-related fatalities in 2011 in Louisiana declined to 109, according to a preliminary report by the U.S. Bureau of Labor Statistics (BLS), Census of Fatal Occupational Injuries. This is down slightly from the revised figure of 111 …
September 24, 2012
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Westlake Vinyls Co. LP in Geismar, La., for 10 serious safety and health violations, primarily related to OSHA’s process safety management standards. Proposed penalties total $67,000. OSHA’s Baton …
September 24, 2012
The Louisiana Consortium of Insurance and Financial Services at Louisiana State University-Shreveport will offer a pre-licensing course on property and casualty insurance at McNeese State University. The course is set for 8 a.m.-6 p.m. on Oct. 12-13 and Oct. 19-20. …
September 24, 2012
The Livingston Parish School Board will cut the district’s property insurance coverage in half to keep from paying an additional $224,000 in annual premiums. The Advocate reports the board voted unanimously to lower the district’s property insurance policy limit from …
September 19, 2012
The National Association of Mutual Insurance Companies (NAMIC) has named Sen. David Vitter, R-La., one of its Federal Legislators of the Year for 2012. Sen. Jon Tester, D-Mont., also won the award. “Senators Tester and Vitter played a leading role …
September 19, 2012
Two health care groups have filed a lawsuit against Insurance Commissioner Jim Donelon, over an insurance coverage change he made after Hurricane Isaac. The lawsuit by the Louisiana State Medical Society and the Louisiana Hospital Association was filed in Baton …
September 18, 2012
A man who allegedly got a fully loaded AR-15 assault rifle from his pickup truck after being turned down for disaster food stamps is jailed in St. John the Baptist Parish, La. A claims processor in LaPlace told officers that …
September 14, 2012
While insured losses in the United States from Hurricane Isaac likely will fall between $1 billion and $2 billion, according to some risk management experts, the storm’s impact will not severely impact the property/casualty insurance industry in Louisiana, the state’s …