July 2021

Louisiana Surplus Line Reporter

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

Articles

Doug Wertz assumes presidency of LCA

Doug Wertz assumes presidency of LCA

Doug Wertz was elected president of the Louisiana Claims Association during a board meeting at the LCA 2021 Annual Educational Conference and Trade Expo held June 7-9 at the Crowne Plaza Baton Rouge. A member of the New Orleans Claims Association, Wertz was LCA’s...

Alexandria attorney wins Claims Person of the Year award

Alexandria attorney wins Claims Person of the Year award

Stacy C. Auzenne, a defense attorney from Alexandria who handles workers’ compensation cases, has been named Claims Person of the Year by the Louisiana Claims Association. The announcement was made during LCA’s 27th Annual Education Conference and Trade Expo held June...

TIPOGNO installs Debbie Lee as president for 2021-22

TIPOGNO installs Debbie Lee as president for 2021-22

Debbie Lee, Americas Insurance Company, was installed president of The Insurance Professionals of Greater New Orleans (TIPOGNO) during ceremonies held June 3 at The Pearl Room in Harahan. Lee succeeds Liz LaGrange Asher, Eagan Insurance Agency, who remains on the...

Hardinge reinstalled as president of IPSB for 2021-22

Hardinge reinstalled as president of IPSB for 2021-22

Emily Hardinge, CRC Group, was installed president of the Insurance Professionals of Shreveport-Bossier during ceremonies held June 10 at the Silver Star Smokehouse in Bossier. Hardinge became president of IPSB in 2020, but there were no meetings in 2020 because of...

Heather White installed as president of IP of Acadiana

Heather White installed as president of IP of Acadiana

Heather White, a remote employee of McElveen Insurance, was installed president of the Insurance Professionals of Acadiana May 19 at Fezzo’s Seafood, Steakhouse, and Oyster Bar in Broussard. White succeeds Daphne Thibodeaux, McGriff Insurance Services, who remains on...

LIGA adds staff to handle increase in claims

LIGA adds staff to handle increase in claims

On June 24, Louisiana Insurance Guaranty Association (LIGA) Executive Director John Wells, in his written report, updated the LIGA board of directors on the recent insolvencies of Bedivere Insurance Co.  and American Capital Assurance Corp. (AmCap).Bedivere was placed...

LCPIC board nixes depop plan for 2021

LCPIC board nixes depop plan for 2021

At its July 8 meeting, the board of directors of Louisiana Citizens Property Insurance Corp. voted to disapprove LCPIC’s 2021 depopulation plan, approve the 2022 assessment rate and approve the 2005 deficit re-certification. During the meeting, LCPIC CEO Richard...

Gulfstream Property and Casualty put into supervision

Gulfstream Property and Casualty put into supervision

The Florida Office of Insurance Regulation placed Sarasota-based Gulfstream Property and Casualty Insurance Co. under administrative supervision in May after the company failed to meet minimum surplus standards. While the administrative supervision of an insurance...

Judges’ biases are likely to determine an injury claim

Judges’ biases are likely to determine an injury claim

Workers’ Comp judges’ biases are as likely to determine the outcome of a disputed injury claim as the evidence is, regardless of how solid the evidence that the claimant committed fraud appears to be to the insurer’s attorney. The legal field is not black and white....

Gravity is a law! – A 13 year look back

Gravity is a law! – A 13 year look back

By MICHAEL G. MANESManes and AssociatesEditor’s note: This article was originally written in 2008 when the bottom was falling out of the U.S. economy and the housing market was collapsing. Gravity is a law: It’s not a political philosophy, strategy, tactic, or...

News In Brief

News in Brief

News in Brief

PEOPLE LUBA Workers’ Comp announced July 14 that it has hired veteran insurance professional, Trey Stone, to support the company’s continued expansion in Alabama and Tennessee. Stone will serve as senior business development underwriter, a new position within the...