In his continuing crusade against the staged accident ring in the New Orleans area, the United States Attorney for the Eastern District of Louisiana Duane A. Evans announced in the last three months the indictment of seven more individuals, the guilty plea of six more...
At the May 12 meeting of the Louisiana Citizens Property Insurance Corp. (LCPIC) board of directors, the board was updated on the 2022/23 reinsurance and CAT bond placement and the 2021 actuarial opinion. In addition, the board voted on CAT claims-handling contracts,...
By 2025, through telemetrics, 25 percent of cars involved in collisions will be carrying the information needed to establish negligence for the accident, and half the time insurers will receive first notice of the loss when the accident occurs. These were among the...
Proposed legislation to create and finance a named storm fraud prevention authority was looked on favorably by the House Insurance Committee on March 23, and the measure currently is scheduled for floor debate after getting a unanimous nod from the House...
The Louisiana Department of Insurance Office of Consumer Advocacy and the Louisiana Civic Coalition collaborated to present the Hurricane 2022 Virtual Summit on April 27. During the summit, viewers received information about FEMA’s Risk Rating 2.0 program, the...
When Ronnie Johnson, an attorney with McGlinchey, Stafford and Lang in Dallas and Baton Rouge, spoke in March at the LDI 2022 Symposium, he brought a defense attorney’s perspective to the current troubled insurance market in Louisiana and commented on some of the...
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