Louisiana News

3 Sentenced in Louisiana Auto Insurance Fraud Scheme

United States Attorney Stephanie A. Finley announced three defendants in an insurance fraud scheme recently received prison sentences. Additionally, one of them was ordered to pay more than $190,000 for staging automobile accidents in order to collect insurance payments. Oliver …

Louisiana Auditor: Work Needed Still on Tracking Hurricane Aid

Louisiana has a long way to go to make sure that more than a billion dollars in housing aid has been used properly by the thousands of people who got federal help from the catastrophic 2005 hurricane season, according to …

Policyholder Dividend Approved for Louisiana’s LAMMICO

Louisiana-based medical professional liability insurer, LAMMICO, announced that its board of directors’ Dec. 10 declaration of a dividend has been approved by the Louisiana Department of Insurance. This marks the eighth time since 2008 that LAMMICO has authorized the payment …

Louisiana Police Department Charges Officers for Damage to Cars

A Baton Rouge, La., police officer, who resigned after crashing his police car into one of the LSU lakes while taking a woman on a late-night, off-duty ride, can expect a hefty bill. Police say Byron S. Boudreaux, the former …

Price Optimization Allegations Challenged, NAIC Investigating Practice

Reaction to industry-wide price optimization allegations from a consumer group known to call out insurers has been somewhat critical yet guarded – however it appears regulators may already be starting to look into the practice. Consumer Federation of America this …

South Louisiana Property Owners not Happy with Levee Plan

A levee proposal by the North Lafourche Levee District in Louisiana is receiving flak from landowners who aren’t pleased with updated plans, causing the project to stall. A section of the Lockport to Larose levee project, south of Louisiana Highway …

Audit: Louisiana School District Missing Property Worth $7M

The state-managed Recovery School District can’t locate $7 million in property, things like computers and equipment, a repeated problem across the school system, according to a Louisiana legislative audit released Dec. 15. It’s the eighth year in a row that …

Louisiana Reopens Oil Spill Affected Gulf Waters for Commercial Fishing

Commercial fishermen are once again harvesting Gulf seafood off the coasts of Elmer’s and Grand Terre islands, an area that’s been closed due to the 2010 Deepwater Horizon oil spill. On Dec. 10, Louisiana Department of Wildlife and Fisheries reopened …

Donelon: Louisiana Workers’ Comp Rates to Drop in 2015

Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance will decrease in Louisiana effective May 1, 2015. Donelon recently approved a 2.4 percent decrease in workers’ compensation loss costs submitted by the National Council on Compensation …

Wrongful Death Suit Filed in Louisiana over Offshore Platform Explosion

The wife of a man killed in a Nov. 20 explosion on a Fieldwood Energy platform has filed a wrongful death lawsuit in U.S. District Court in Louisiana that claims the victim and his crew were told the piece of …