October 26, 2010
Louisiana’s seasonally adjusted civilian labor force in September increased 42,705 over the year and 10,462 from August, according to the Louisiana Workforce Commission (LWC). The federal Bureau of Labor Statistics (BLS) surveys a sample of households to estimate the civilian …
October 26, 2010
A.M. Best Co. has upgraded the financial strength rating of Pacific Pioneer Insurance Co. to “B++” from “B+,” and issuer credit rating to “bbb” from “bbb-.” The outlook for both ratings is stable, according to the rating agency. A.M. Best …
October 22, 2010
Louisiana State Police reported that 12 people have been arrested as the result of a 2 1/2-year investigation by Region II Criminal Investigation Division, Insurance Fraud Unit/Auto Theft Unit – Monroe Field Office. The 12 subjects are accused of participating …
October 21, 2010
U.S. environmental groups filed a suit Wednesday against British-based oil giant BP Plc saying the world’s worst offshore spill inflicted “ongoing unlawful” harm on endangered wildlife in the Gulf of Mexico. The suit is one of thousands of damages cases …
October 21, 2010
A West Monroe agent was served by the Louisiana Department of Insurance Fraud Section investigators with a cease and desist order, license revocation and $5,000 fine notice for alleged misappropriation. Jennifer Dianne Jerkins, 30, was terminated from an insurance company …
October 20, 2010
CNA Financial Corp. has appointed Rob Huber to the position of Southeastern Zone officer. In this role, Huber is responsible for aligning the branch structure of the global insurer’s Southeastern Zone with its strategy to drive profitable growth. One of …
October 19, 2010
BP Plc told a court it was committed to waiving the legal cap on its liability from the Gulf oil spill, which could have limited the cost to the oil giant to $75 million plus clean-up costs. “BP has chosen …
October 19, 2010
A federal jury has awarded more than $650,000 to two Ohio tourists who were arrested in New Orleans, La., on public drunkenness charges two days before Hurricane Katrina and jailed for more than a month in the storm’s chaotic aftermath. …
October 19, 2010
Louisiana Attorney General Buddy Caldwell announced that a jury returned a jury verdict in the amount of $257,679,500 against Janssen Pharmaceutica Inc. and its parent company Johnson & Johnson for violating the state’s Medical Assistance Programs Integrity Law (MAPIL). The …
October 18, 2010
Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services. Holcombe brings more than 20 years of experience as an insurance counseling and management specialist. She will be in …