March 31, 2011
A state appeals court must reconsider its ruling that the Legislature acted unconstitutionally when it covered nurses who are certified to diagnose illness and prescribe medicine under Louisiana’s $500,000 cap on general malpractice awards, the Louisiana Supreme Court has ruled. …
March 30, 2011
Louisiana has signed on to a multistate settlement over American International Group’s (AIG) admitted practice of under reporting workers’ compensation insurance premiums. Louisiana is slated to receive $3,842,988 in additional taxes and assessments, and $2,278,504 in fines in the settlement, …
March 28, 2011
A gain of 3,000 construction jobs from January to February contributed to the largest over-the-year gain in seasonally adjusted nonfarm jobs in Louisiana in more than two years, the Louisiana Workforce Commission (LWC) said. A survey of Louisiana employers by …
March 25, 2011
Gov. Bobby Jindal’s administration in Louisiana is opting out of creating the state insurance exchanges included in the new federal health overhaul, instead deciding the federal government should administer them. State Department of Health and Hospitals Secretary Bruce Greenstein confirmed …
March 24, 2011
Louisiana insurance regulators have rejected a rate increase from the state’s largest insurer of homes. State Farm Fire and Casualty Co. wanted an average 14.3 percent rate hike for its 301,000 customers who get homeowners and condominium coverage, as well …
March 23, 2011
A Deville, La., insurance agent has been accused of attempting to defraud insurers by submitting false business and receiving more than $127,000 in unearned commissions. Robert Lee Daniel III, 29, was served on March 18 by the Department of Insurance …
March 11, 2011
Louisiana will divide a $30 million BP grant for tourism marketing among all of the state’s parishes and will use a small slice to help fund an out-of-state spring tourism ad campaign sought by Lt. Gov. Jay Dardenne. Dardenne, who …
March 11, 2011
Brown & Brown of Louisiana Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the insurance agency assets of Robert Ellis & Associates Inc. of Mandeville, La., the companies announced. With annualized revenues of approximately $1.3 …
March 9, 2011
Cracks have formed in a Cocodrie, La., levee, one of the newest to be constructed as part of the Morganza-to-the-Gulf hurricane-protection system. Levee officials say the cracks aren’t serious enough to cause a failure in the levee, but the district …
March 4, 2011
Repairs are beginning in Louisiana on the first home that contains defective drywall made by a major manufacturer. The home to be repaired by Knauf Plasterboard Tianjin is in Covington. The repairs are slated to begin Thursday. KPT said that …