The flooding that has inundated low-lying communities and farmland for miles along the Upper and Lower Mississippi River is due to a large, slow-moving storm system that was spawned nearly a month ago. “The flooding began when a critical weather …
A 67-year-old Plaquemine, La., insurance agent has been sentenced to more than four years in federal prison for mail fraud that cost several of his insurance clients nearly $1.4 million. U.S. District Judge Brian A. Jackson, of Baton Rouge, ordered …
Louisiana Gov. Bobby Jindal’s top financial advisor has defended the administration’s proposal to hire a private company to run a state worker and retiree health insurance program, rebutting complaints the privatization would boost health care costs to generate short-term cash …
A Tennessee woman told a federal judge in Baton Rouge, La., that she embezzled over $491,000 in benefits intended for employees of union contractors in five states. Theresa Waters, 45, of Murfreesboro, pleaded guilty to one count of embezzlement from …
Tornadoes, violent thunderstorms, high wind and hail struck large swaths of Arkansas, Louisiana, Oklahoma and Texas last week and now those states are beginning the process of assessing the damage. In Arkansas, storms killed seven people, left a trail of …
Arthur J. Gallagher Risk Management Services announced that it has added to its sales teams in the firm’s Baton Rouge and Lake Charles offices. In Baton Rouge, the company added Robert Johnston as a sales executive. Johnston most recently was …
State officials say a federal appeals court ruling in a lawsuit involving the Louisiana Road Home hurricane relief program will allow them to move ahead with grants for about 120 homeowners. On April 8, a federal appeals court in Washington …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) of Louisiana Workers’ Compensation Corporation (LWCC), headquartered in Baton Rouge, La. The outlook for this rating is stable. Concurrently, A.M. Best affirmed LWCC’s issuer credit rating (ICR) …
Nine people have been arrested in the Lafayette, La.-area and accused of staging auto wrecks to collect insurance proceeds. State police say the allegations include preparing and submitting fake medical bills, claiming pre-existing damage on vehicles and exaggerating injuries. Troopers …
An investigator who examined the safety device that failed to prevent last year’s BP oil spill said Monday his firm did not skip critical tests under pressure to meet a deadline to file a report on what caused the contraption …
