Republicans and some moderate Democrats in the U.S. Senate Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like the massive Gulf of Mexico spill. “I think people …
BP Plc’s newly named chief executive Tuesday called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob Dudley, who will replace gaffe-prone Tony Hayward as …
A committee of the Louisiana Citizens Property Insurance Corp. board has recommended a compensation package of $264,000 annually for the insurer’s next chief executive. The full board of the property insurer of last resort will consider hiring Richard Robertson, an …
Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece of the $20 billion BP Plc has set aside to compensate residents for spill-related losses. Adjusters passing out emergency funds in Louisiana …
Louisiana Insurance Commissioner Donelon reported that motor vehicle theft rates are on the decline in Louisiana. Motor vehicle theft rates declined in 2009 over 2008 by 16.8 percent in four of Louisiana’s largest metropolitan areas according to 2009 preliminary data …
Louisiana Insurance Commissioner Jim Donelon announced July 23 that he has appointed Richard Robertson, of Northville, Mich., as the new president of Louisiana Citizens Property Insurance Corp. Robertson has a broad-based property and casualty background including experience in claims, underwriting, …
Louisiana Workers’ Compensation Corp. (LWCC) has promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit. Buffone started with LWCC in 1993 as a …
BP Plc oil spill workers in the Gulf of Mexico prepared for a possible evacuation Thursday as a tropical storm threatened more delays in attempts to end the environmental disaster. The U.S. National Hurricane Center said Tropical Storm Bonnie, the …
Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon. The fast-moving storm was due …
The Louisiana Citizens Property Insurance Corp. has announced that as a result of Tropical Storm Bonnie, personal lines binding restrictions are in effect for following parishes: Acadia, Assumption, Calcasieu, Cameron, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Orleans, Plaquemines, St. Bernard, …
