state property News

Insurance Company Settlement Money to Bolster Louisiana’s Budget

Louisiana has received $95 million in legal settlements with insurance companies, ending questions about whether the money would roll in for this year’s budget or leave lawmakers scrambling to fill a shortfall. Commissioner of Administration Kristy Nichols announced the settlement …

Insurer Pays Tennessee for May Flood Damage

State officials say Tennessee has received reimbursement for last May’s flooding that damaged state buildings and other state-owned property. Treasurer David Lillard says the state received a $7.5 million check this week from Lexington Insurance Company. The state got a …