Louisiana News

2 Louisiana Insurance Producers and Employee Served with Fine Notices

Two Slidell, La., producers were served with fine notices by Louisiana Department of Insurance Fraud Section Investigators on Nov. 19 for allegedly allowing and compensating an unlicensed employee to act as an insurance producer on behalf of their business. The …

Louisiana Citizens Sheds Homeowners Policies

Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed into the private insurance market, state Insurance Commissioner Jim Donelon announced. Citizens, which insures homes and commercial properties that private companies …

BP’s Deep Cleaning of Gulf Beaches Getting Mixed Reviews

At Orange Beach in Alabama, what’s typically a beautiful, quiet stretch of beach in the fall now resembles a construction site. Bulldozers and yellow dump trucks shake the ground; a giant sifting machine spits clean sand out one end, tar …

Washington, Oregon Rank High in Promoting Roadway Safety

Many states are making progress toward making roads safer, but Oregon and Washington do the best of promoting roadway safety with traffic laws, according to a new report by the Emergency Nurses Association. The report indicates that Minnesota, Arkansas, Louisiana …

Amerisafe to Acquire Book of Business from Cooperative Mutual

DeRidder, La.-based Amerisafe Inc., a specialty writer of hazardous workers’ compensation insurance, announced it plans to acquire the workers’ compensation business of Cooperative Mutual Insurance Co. Effective Jan. 1, 2011, all workers’ compensation policies written by Cooperative Mutual will be …

Legislators, Surplus Lines Groups Weigh a Lighter SLIMPACT Tax Deal

As the deadline to implement the surplus lines insurance modernization bill — or the Nonadmitted & Reinsurance Reform Act (NRRA) in the Dodd-Frank Act — quickly approaches, some of the nation’s legislators are searching for a way to find consensus …

Louisiana Still Owes Most of Judgement in 1983 Flood

Bob McBride Jr. was 18 when he pushed a flat-bottomed boat holding his family and neighbors through chest-high water to safety in Tangipahoa Parish. Nearly 30 years later, he and hundreds of others still are waiting for the state to …

Louisiana DWI Simulator Adds Texting while Driving

She took off the virtual reality headset, got out of the car and looked at her printed-out ticket for running a red light and killing a pedestrian while sending a cell phone text message. “I got a ticket for speeding, …

Some Question North, South Carolina Injured Worker Data

A new federal job safety study finds North and South Carolina among the country’s safest states in which to work. But some experts doubt whether the rates accurately reflect which states are safer. North Carolina’s rate of injuries or illnesses …

People

The National Association of Insurance Commissioners (NAIC) elected Louisiana Insurance Commissioner James J. Donelon as Secretary-Treasurer for 2011. Donelon is presently serving on the Executive Committee of the NAIC and is chairman of its Surplus Lines Task Force. He will …