Attorney indicted in accident scheme

Attorney indicted in accident scheme

In the ongoing probe into staged accidents, the United States Attorney for the Eastern District of Louisiana Peter G. Strasser announced the first indictment of an attorney involved in the staging of accidents in the New Orleans area. Strasser announced the indictment...
Attorney indicted in accident scheme

Feds indict four more participants in 2015 staged accident scheme

Four people have been charged in a three-count federal indictment for their involvement in a staged accident scheme in 2015 in New Orleans that resulted in a $4.7 million settlement. U.S. Attorney Peter G. Strasser of the Eastern District of Louisiana announced the...
LCPIC board votes to approve corporate officers and budget

LCPIC board votes to approve corporate officers and budget

At Louisiana Citizens Property Insurance Corp.’s (LCPIC) Nov. 12 board of directors meeting, the board was updated by management on LCPIC’s response to claims from the 2020 storm season, voted unanimously to approve the corporation’s officers for...
Task force looks to lower auto rates

Task force looks to lower auto rates

When the Task Force for Affordable Auto Insurance (TFAAI) met for the first time Sept. 29, members heard from the director of The Louisiana Automobile Theft and Insurance Fraud Prevention Authority, the commissioner of insurance, a representative of the Louisiana...
Hudson to buy Southern Fidelity

Hudson to buy Southern Fidelity

Hudson Structured Capital Management Ltd., doing its (re)insurance business as HSCM Bermuda, announced Nov. 3 that it intends to take a majority ownership of Southern Fidelity Insurance Company and its affiliated entities on or about Nov. 12. In exchange for its...
Stonetrust Commercial Insurance Company moves into new offices

Stonetrust Commercial Insurance Company moves into new offices

Stonetrust recently moved into its new office on the eighth floor of the office building at 5615 Corporate Boulevard in Baton Rouge. Stonetrust started the renovations on the 8th floor in early March before the start of the shut-downs due to COVID-19. The planning for...