BATON ROUGE - The Louisiana Department of Insurance has received 1,497 complaints concerning the three hurricanes that struck the state last year and has recovered $41 million on behalf of those consumers as of April 30, Louisiana Insurance Commissioner Jim…
NEW ORLEANS - The Pan-American Life Insurance Group, founded in New Orleans in 1911, has signed a long-term extension of its lease at the Pan-American Life Center (601 Poydras Street) that will keep it in the city at least through…
BATON ROUGE – Committees on opposite sides of the Louisiana state Capitol went in different directions Wednesday on bills meant to prevent auto insurance companies from setting rates based on factors other than the customer’s driving record. The Senate Insurance…
SLIDELL — Joanna Randall has opened Brightway, The Randall Agency in Slidell. “Opening an insurance agency in the community is more than just a business,” said Randall, who is licensed to sell insurance in Louisiana and Mississippi. “It allows me…
HARAHAN, La. — Brightway Insurance has presented Chris Schmidt with the Southwest Region Sales Leader award. Schmidt is the owner of Brightway, The Schmidt Family Agency with locations in Harahan; Pace, Fla.; and Fort Mill, S.C. The award goes to…
NEW ORLEANS - Louisiana Insurance Commissioner Jim Donelon said he approved the annual loss cost filing of the National Council on Compensation Insurance effective May 1, 2021. The filing reduces workers’ compensation rates by 4.1% and continues the downward trend…
BATON ROUGE – On the heels of the welcome news that Farmers’ Insurance Exchange will once again write auto insurance policies in Louisiana, the Louisiana Association of Business and Industry and its Legal Reform Coalition partners sent a second round…
BATON ROUGE - The arrival of early spring weather may make February’s frigid temperatures, ice and snow seem like a distant memory, but it’s only the beginning for the many Louisianians who may find themselves in the unusual position of…
BATON ROUGE (AP) — Farmers Insurance intends to return to Louisiana to offer automobile, homeowners, condo and renters insurance, Insurance Commissioner Jim Donelon announced Monday, saying he approved the rate filings. The company — the nation's ninth largest property insurer…
METAIRIE – LAMMICO was named one of the 101 Best and Brightest Companies to Work For in the nation for 2020 by the National Association for Business Resources, which recently recognized the winning companies in The Wall Street Journal. The…
BATON ROUGE - Insurance Commissioner Jim Donelon said that the Louisiana Department of Insurance Office of Consumer Services recovered more than $22 million for consumers from insurance companies through complaint resolution in 2020. All payouts are in excess of what…
BATON ROUGE – Insurers have paid or reserved $7.7 billion on claims in Louisiana through the end of 2020 from hurricanes Laura, Delta and Zeta, which represents the first measure of damage from all three storms, Insurance Commissioner Jim Donelon…
BATON ROUGE - The Louisiana Department of Insurance says that nearly 80 percent of the 873 hurricane-related complaints it has received since last year's active season are related to homeowners insurance, “I encourage any policyholder who’s having trouble with their…
NEW ORLEANS — Burns & Wilcox, a wholesale insurance broker and underwriting manager, has announced two management promotions at its New Orleans office. Bonnie Steen has been promoted to managing director and Cain Webber has been promoted to associate managing…
NEW ORLEANS - Louisiana Insurance Commissioner Jim Donelon said that Louisiana Citizens Property Insurance Corp., the state-sponsored "insurer of last resort," continues to shed policies even in the face of the most active hurricane season on record. Citizens, which covers…
NEW ORLEANS - Biz New Orleans magazine – a national award-winning monthly business publication – will publish the inaugural edition of the New Orleans 500, a book profiling influential leaders in greater New Orleans. Click here to submit a nomination. The New Orleans…
BATON ROUGE (AP) — Louisiana motorists filing car accident lawsuits will encounter tougher rules to win damage awards, under a new law championed by the state's business lobby that takes effect Friday and that backers hope will lower the state's…
NEW YORK (AP) - An unpleasant tax surprise may be lurking next spring for some people who bought health insurance this year on the Affordable Care Act’s coverage marketplaces. The problem centers on income, or what shoppers think they will…
BATON ROUGE (AP) — Southwest Louisiana lawmakers Wednesday criticized the insurance industry's handling of claims from Hurricanes Laura and Delta, describing slow responses, low-balled damage estimates and drones used to assess destruction instead of people. “We’re almost four months ago…
BATON ROUGE - Insurance Commissioner Jim Donelon announced that Louisiana Citizens Property Insurance Corp., the state’s insurer of last resort, will take only a $35 million financial hit from the 2020 hurricane season because of its reinsurance program. During the…
BATON ROUGE - Louisiana Insurance Commission Jim Donelon is offering guidance to New Orleans-area homeowners affected by Hurricane Zeta. “While many homeowners have experienced damage from Hurricane Zeta, most were spared by this late October hurricane event,” said Donelon. “I…
NEW ORLEANS — Son of a Saint, the nonprofit organization dedicated to inspiring mentorship and transforming the lives of New Orleans’ fatherless boys, has received a $30,000 grant from the Allstate Foundation. The contribution marks the second consecutive grant awarded…
BATON ROUGE - Louisiana Insurance Commissioner Jim Donelon announced that Americas Insurance Company will be waiving a separate deductible for Hurricane Delta for insureds who were impacted by both hurricanes Laura and Delta, provided they have satisfied their full named-storm…
BATON ROUGE - Louisiana Insurance Commissioner Jim Donelon and State Representative Jonathan Goudeau are warning residents affected by Hurricanes Laura and Delta that both the Louisiana Department of Insurance and Rep. Goudeau’s office have received complaints of contractors working in…
BATON ROUGE - Louisiana state Insurance Commissioner Jim Donelon lauds USAA, Louisiana’s seventh largest homeowners insurer, for not charging Louisiana policyholders hit by two hurricane losses the all-perils deductible on their second hurricane claim this season. “I am delighted to…
NEW ORLEANS - Louisiana's single season named-storm/hurricane deductible law prohibits a homeowner from paying more than one named-storm/hurricane deductible in the same hurricane season, said Louisiana Insurance Commissioner Jim Donelon in a statement. And if any previous claims for named-storm/hurricane…
CHICAGO - HUB International Limited, a global insurance brokerage, announced that it has acquired the assets of Hollis Companies LLC and the Employee Benefits Corporation. Terms of the transaction were not disclosed. Located in Metairie, La., TEBC and Hollis Companies…
BATON ROUGE - State Insurance Commissioner Jim Donelon announced his approval of rate decreases for private passenger auto policies for two major auto insurers in Louisiana. Progressive Insurance Group submitted a rate filing for a decrease of 2.3% on new…
COLUMBUS, Ohio – Insurance and financial services company Nationwide said it has partnered with Compassion Society Benefits Inc. to introduce Caregiver Family Leave Insurance, a new stand-alone paid leave insurance plan designed to support caregivers as either an employer-paid benefit or…
BATON ROUGE - Louisiana Insurance Commissioner Jim Donelon said his office is commending USAA for returning an additional $270 million dividend to auto insurance policyholders across the country in August. This dividend follows an earlier announcement that USAA provided dividends…
