March 3, 2011
Records show that in the last two weeks more than 8,100 people and businesses have been offered final payments from BP’s oil spill compensation fund, but few have accepted so far. Gulf Coast Claims Facility data show that only about …
March 3, 2011
Louisiana Commissioner of Insurance Jim Donelon announced that the 2010 online auto and homeowners rate comparison guides are now available for viewing on the Department of Insurance Web site at www.ldi.la.gov. The automobile quotes reflect various rating situations such as …
February 22, 2011
About 109 Louisiana homeowners impacted by defective drywall will soon see relief as plans are finalized to start the first home repairs, under a court approved pilot remediation program, Attorney General Buddy Caldwell has announced. This pilot program is expected …
February 3, 2011
Nearly 200 years before Hurricane Katrina, a major storm hit the coast of Louisiana just west of New Orleans. Because the War of 1812 was simultaneously raging, the hurricane’s strength, direction and other historically significant details were quickly forgotten or …
February 1, 2011
Troopers with the Lafayette Field Office of the Louisiana State Police Insurance Fraud Unit recently arrested a Ville Platte insurance agent for unfair trade practices. In October 2010, troopers received a criminal complaint about 65-year-old Melvin J. Lavergne of Ville …
January 31, 2011
Lawmakers rejected plans for the Louisiana Department of Insurance to allow credit card payments for licenses, because they objected to the sliding scale of fees tacked onto card payments. The department had proposed the use of credit and debit cards …
January 7, 2011
The recapitalization of bailed-out insurer American International Group Inc. is likely to close next week, a person familiar with the matter said Friday, as AIG shares touched fresh highs on news it was getting closer to the deal. But the …
January 6, 2011
With more than 50 percent of the country’s population living in coastal counties, there is an urgent and extensive need to convince consumers to adopt a long-term view of catastrophic risk. That is the conclusion of a symposium organized by …
January 6, 2011
North Dakota Insurance Commissioner Adam Hamm says auto insurance premiums paid by drivers in the Dakotas remain among the lowest in the nation. Hamm cites a new report issued by the National Association of Insurance Commissioners. He says in 2008, …
January 5, 2011
Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Geeslin has been with TDI for eight years, and has served as …