November 22, 2011
Four Louisiana physicians wrote hundreds of bogus prescriptions that powered multimillion-dollar health-care frauds in the Baton Rouge area, according to evidence amassed by the nearly two-year-old local Medicare Fraud Strike Force. Yet all four physicians remain licensed to practice medicine, …
November 17, 2011
Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon announced that in a recently completed fifth annual round of depopulation …
November 14, 2011
Lighthouse Property Insurance Corp. (Lighthouse), a Louisiana domestic insurance company has acquired the Louisiana homeowners policies of HomeWise Insurance Co., a Florida-based insurer. The terms of the agreement include the transfer to Lighthouse of over 11,000 homeowners’ policies which represent …
November 10, 2011
A former Louisiana state senator who pleaded guilty to money laundering in a fraudulent security bond fraud case has been released from federal prison into a halfway house. The Federal Bureau of Prisons said Derrick Shepherd, 42, of Marrero, was …
November 10, 2011
BP will no longer be responsible for cleaning up oil that washes up on the Gulf Coast unless officials can prove it comes from the company’s well that blew out in 2010, causing the worst offshore spill in U.S. history, …
November 9, 2011
Federal researchers are looking for cleanup workers willing to participate in a $17.8 million study of long-term health effects from last year’s Gulf of Mexico oil spill. They want to interview more than 50,000 cleanup workers in Louisiana, Mississippi, Alabama …
November 9, 2011
While pundits were saying that Louisiana Gov. Bobby Jindal, with almost 66 percent of the vote, rolled up the most lopsided win in a governor’s race in recent times, he fell short of the victory margins scored by Insurance Commissioner …
November 7, 2011
A Shreveport, La., insurance agent has been arrested on charges of insurance fraud and forgery. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Stephanie Losey, 57, on one count of insurance fraud. Additionally, the Louisiana Department of Insurance fraud …
November 7, 2011
A Terrebonne Parish, Louisiana judge has awarded more than $11 million to a Houma family stemming from a dispute over unpaid oil royalties. The Courier reports attorney Michael St. Martin and his wife, Virginia, filed a lawsuit in December 2006 …
November 4, 2011
As part of its expansion into the Texas marketplace, Louisiana-based Regional Insurance Services Co. (RISCOM) has hired Claire Tabor as Texas business director. Headquartered in Shreveport, La., RISCOM is a commercial lines general agency specializing in auto, general liability, property, …