Insurers paid or reserved $7.7 billion

Insurers paid or reserved $7.7 billion

Insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from hurricanes Laura, Delta and Zeta, Insurance Commissioner Jim Donelon announced Jan.26. This data represents the first measure of damage from all three...
LCPIC board votes to send residential rate filing to department

LCPIC board votes to send residential rate filing to department

The Louisiana Citizens Property Insurance Corp. (LCPIC) board of directors voted at its Jan. 14 meeting to send the proposed 2021 personal lines rate filing to the Louisiana Department of Insurance, seeking the department’s approval. In addition, for the third...
Big Brothers/Big Sisters sues its insurer

Big Brothers/Big Sisters sues its insurer

Big Brothers/Big Sisters of Southwest Louisiana filed a lawsuit in federal court in Lake Charles on Jan. 14, against its insurer, AmGUARD Insurance Co., alleging that AmGUARD misrepresented the insurance policy, which effectively impacts BBBS SWLA’s ability to...
New officers installed to lead PIA of Baton Rouge in 2021

New officers installed to lead PIA of Baton Rouge in 2021

Dan O’Brien, SafePoint Insurance Company, was installed president of PIA of Baton Rouge during the association’s installation luncheon held at Oak Lodge in Baton Rouge on Jan. 13. He succeeds Dana Myers, Gulf South Insurance Agency. O’Brien got his...
ULM creates Jeff Albright Insurance Society

ULM creates Jeff Albright Insurance Society

The University of Louisiana Monroe Foundation announced the creation of the Jeff Albright Insurance Society to benefit ULM’s nationally recognized Risk Management and Insurance program in the College of Business and Social Sciences. The announcement was made...
Burns and Wilcox announces promotions in New Orleans

Burns and Wilcox announces promotions in New Orleans

Burns and Wilcox announced Jan. 19 two management promotions for its New Orleans office. Bonnie Steen has been promoted to managing director from vice president, associate managing director; and Cain Webber has been promoted to associate managing director from...