A former Hammond bank employee has pleaded no contest to a charge of felony theft in connection with the diversion of funds that should have gone to people who had made early cancellations of insurance policies. Amite, La. District Attorney …
DeQuincy, La. residents will vote on a sales tax renewal that could help reduce property insurance premiums. Mayor Lawrence Henagan tells The American Press revenue from the half-cent sales tax is used to support public safety and fire protection. City …
Two students interested in insurance-related studies have been selected for industry-backed scholarships in Louisiana. Ian Williams of Jennings, La., and Lynden Lyles of Monroe, La., have been named as recipients of the 2011 Stephen W. Cavanaugh Scholarship. Each recipient will …
In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed suit. Indeed, it …
A New Orleans judge has approved a $25 million settlement in a class-action lawsuit filed over the deaths of patients at a New Orleans hospital after Hurricane Katrina. The deal was reached between Tenet Healthcare Corp., which operated the Memorial …
Chicago-based Hub International Limited (Hub) announced plans to purchase Strategic Employee Benefit Services of Louisiana LLC (SEBS of Louisiana), a Metairie, La.-based benefit consulting and service firm. The acquisition is expected to close in early August and is subject to …
Louisiana Gov. Bobby Jindal’s administration has selected a company to offer financial advice on the governor’s proposal to privatize a state employee health insurance program, and pushed back any chance the privatization could be done this year. Jindal’s top budget …
Louisiana is now participating in an agreement designed to help states efficiently comply with the requirements of the federal surplus lines regulations that become effective later this month. Insurance Commissioner James Donelon signed the agreement on behalf of Louisiana to …
Louisiana will seek approval for more than a half billion dollars in projects to restore coastal areas and fisheries affected by last year’s huge BP oil spill, Gov. Bobby Jindal said. The money would come from $1 billion that BP …
Third Coast Underwriters, a specialty markets operation that offers workers’ compensation insurance for underserved markets that have complex risks, has appointed Gordon Greig as senior claims examiner for the Gulf Region. Greig is a licensed attorney admitted to practice law …
