Louisiana News

Louisiana Workers’ Comp Costs Have Grown at Double-Digit Rates

Workers’ compensation costs per claim for Louisiana grew at a double-digit rate in recent years, the fastest growth among all states in a new study by Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). The 16-state study, “CompScope Benchmarks for Louisiana, …

Louisiana Asks for Reconsideration of Medical Loss Ratio Waiver Denial

Louisiana Insurance Commissioner Jim Donelon is requesting the U.S. Department of Health and Human Services (HHS) to reconsider its denial of the medical loss ratio (MLR) waiver that the state requested earlier this year. The MLR is a requirement of …

Corps Says It’s not to Blame for Katrina Flooding

Justice Department lawyers argued at trial on Dec. 12 that there is little evidence a shipping channel dug decades ago by the Army Corps of Engineers contributed significantly to the castastrophic flooding after Hurricane Katrina that swamped St. Bernard Parish …

Insurer of High-Value Homes Expands to Louisiana

Privilege Underwriters Reciprocal Exchange (PURE), which offers customized property and casualty insurance coverage to owners of well-built, high-value homes, announced it is expanding into Louisiana. PURE serves more than 13,000 affluent individuals and families by offering high-value homeowners, private fleet …

State Farm Gets 7.8% Homeowners Rate Hike in Louisiana

Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into effect with new …

Louisiana Insurance Fraud Fugitive Held

A former Baton Rouge, La., man who once faked his death to elude authorities must remain in custody until more hearings in his case. The Advocate reports that Milton Windsor Harris appeared before U.S. Magistrate Christine Noland in Baton Rouge. …

Louisiana Commissioner Urges Policyholders to Claim Citizens Rebate

Louisiana Insurance Commissioner Jim Donelon and Department of Revenue Deputy Assistant Secretary Gary Matherne are urging those who have had a property and casualty insurance policy on their property during the last four years to claim the rebate for the …

Flood Insurance Rate Falls for Some in Louisiana

Some residents and business owners in the city of Lafayette, La., and unincorporated parts of the parish will soon be paying 10 percent less for flood insurance. The Federal Emergency Management Agency said the savings comes about because Lafayette Consolidated …

Louisiana Workers’ Comp Corp. Offers Tips for Hiring Seasonal Workers

Short-term hiring during the holiday season is a boon to both employers and employees, but businesses should take care to ensure the safety of temporary workers. Richard Perkins, safety and loss prevention outreach coordinator for Louisiana Workers’ Compensation Corp. (LWCC), …

New Orleans Seeking Artists to Create Evacuation Point Icon

It’s a tall order for an artist: create a design for a long-lasting work of public art — a new icon for the city of New Orleans — that will be reproduced in various sizes and placed at 17 key …