Louisiana News

300 Homes to Be Repaired in Settlement With Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …

People

Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of IIAG’s for-profit operations and …

300 Homes to Be Repaired in Settlement With Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …

People

Todd Kilkenny joined the Independent Insurance Agents of Texas (IIAT) as director of agency management resources. He will be responsible for developing, implementing and managing strategic agency management initiatives and programs to support the growth and development of member agencies …

5th Circuit Sides with Attorney on Contingency Fee in Insurance Settlement

The U.S. Court of Appeals for the 5th Circuit has sided with an attorney in an appeal of a lawsuit granting the lawyer contingency fees in the settlement of a homeowners insurance claim in the aftermath of Hurricane Katrina. It …

Declarations

No Place to Hide “Voters want leaders to stand tall on insurance reform …. Candidates cannot hide from this issue. Texans are looking for leaders to deliver results that will hold insurance companies accountable for their prices, coverage, and claims …

Arkansas Workers’ Comp Rates Among the Lowest in the Nation

Arkansas has one of the lowest workers’ compensation premium rates in the nation, at $1.18 per $100 of payroll, according to a new study conducted by the Oregon Department of Consumer and Business Services. Oklahoma and Texas rank among the …

Former LSU Lineman Suing Lloyd’s over $2M Insurance Policy

Former Louisiana State University offensive lineman Ciron Black is seeking $4 million in a lawsuit claiming that underwriters at Lloyd’s of London did not pay an insurance policy he bought before a career-ending knee injury. In a federal lawsuit filed …

Louisiana Commissioner Donelon Elected Secretary-Treasurer of NAIC

The National Association of Insurance Commissioners (NAIC) elected Louisiana Insurance Commissioner James J. Donelon as Secretary-Treasurer for 2011 at the fall meeting on October 21, 2010. Donelon is presently serving on the Executive Committee of the NAIC and is chairman …

Florida’s McCarty Elected President-Elect by State Regulators

The National Association of Insurance Commissioners (NAIC) elected Florida Commissioner Kevin McCarty to be president-elect effective Jan. 1, 2011 at its recent meeting in Orlando. McCarty served as vice president of the NAIC during 2010. It remains to be seen …