August 2021

Louisiana Surplus Line Reporter

We are insurance industry professionals working
and writing about this business for over 40 years.

Articles

Gulett to lead PIA of Louisiana

Gulett to lead PIA of Louisiana

Clint Gulett, a second generation insurance professional with Advanced Insurance Planning, was installed president of the Professional Agents of Louisiana at ceremonies held during the association’s 77th Annual Convention, July 17-19, at The Grand Hotel Resort and Spa...

Two awards presented by PIA of Louisiana

Two awards presented by PIA of Louisiana

The Professional Insurance Agents of Louisiana (PIA of Louisiana) recognized two members during a president’s awards breakfast held July 18 at the association’s Annual Convention, in Point Clear, Alabama. Albert S. “Al” Pappalardo Jr., CIC, Pappalardo Agency Inc.,...

Manalla and Babin receive awards from The 1752 Club

Manalla and Babin receive awards from The 1752 Club

The 1752 Club recognized two members during PIA of Louisiana’s president’s reception and awards presentation held July 18 at the PIA of Louisiana’s Annual Convention, in Point Clear, Ala. Leeann Manalla, SageSure Insurance Managers, is the 2021 recipient of the 1752...

Donelon: 2021 Legislative Session had a scary beginning

Donelon: 2021 Legislative Session had a scary beginning

“The last legislative session was very scary at the beginning,” said Jim Donelon, Louisiana insurance commissioner, to more than 250 agents, brokers and insurers gathered at the 77th Annual Convention of the Professional Insurance Agents of Louisiana. The first...

Gulfstream ordered liquidated by Florida

Gulfstream ordered liquidated by Florida

Sarasota, Florida, based Gulfstream Property and Casualty Insurance Company was ordered liquidated July 28 by the Second Judicial Circuit Court in Leon County, Florida, according to the Florida Department of Financial Services, and policies will be canceled effective...

Storms lead to questionable legislation

Storms lead to questionable legislation

It took Hurricane Katrina in 2005 and people getting angry at their adjusters to pass legislation requiring licenses for adjusters. After the 2020 Hurricane season, people affected by the storms were every bit as angry at adjusters, and more legislation was passed...

Losses reach $10 billion for 2020 Louisiana hurricanes

Losses reach $10 billion for 2020 Louisiana hurricanes

The amount of money that insurers expect to pay for the 2020 hurricanes continues to grow, albeit more slowly, as Louisiana gets further away from last year’s historic storm season. Insurance companies have now reported $10 billion for claims in Louisiana from...

Staged accident investigation nets another guilty plea

Staged accident investigation nets another guilty plea

A Texas woman pled guilty Aug. 2 in federal court in New Orleans to conspiring to stage automobile accidents in order to defraud insurance and trucking companies. Genetta Isreal of Houston pled guilty to conspiracy to commit wire fraud arising out of staged automobile...

Smiles and laughter have beneficial effects

Smiles and laughter have beneficial effects

By MICHAEL G. MANESManes and AssociatesSmiling will make you feel and do better, even in the worst of times. Today and for the foreseeable future, our worlds will be more chaos than calm, more challenging than comfortable, and more high risk than operating inside our...

Planning underway for 2022, will staff return to London?

Planning underway for 2022, will staff return to London?

London ViewsBy LEN WILKINSLondon CorrespondentAt this time of year most of London’s insurance staff is on holiday. However, there usually are high-level planning teams of brokers and insurers looking at the forthcoming renewal season and preparing their business plans...

News In Brief

News in Brief

News in Brief

PEOPLE Brittany D. Stoudt has joined the staff at Burns and Wilcox as the marketing and office coordinator. Stoudt has over 11 years’ experience in the insurance industry, most recently as the general manager for Emergency Restoration. She holds a bachelor’s degree in...