June 2022

Louisiana Surplus Line Reporter

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

Articles

Liljeberg to lead TIPOGNO

Liljeberg to lead TIPOGNO

Katie Liljeberg, Continental Insurance Services, was installed president of the Insurance Professionals of Greater New Orleans (TIPOGNO) during ceremonies held June 2 at Augie’s Restaurants and Events in Harahan. Liljeberg succeeds Debbie Lee, SafePoint Insurance...

Penny Dugas to lead Insurance Professionals of Acadiana

Penny Dugas to lead Insurance Professionals of Acadiana

Penny Dugas, BXS Insurance, was installed president of the Insurance Professionals of Acadiana May 18 at Fezzo’s Seafood, Steakhouse and Oyster Bar in Broussard.Dugas, a 17-year veteran of the insurance industry, has been a senior commercial lines account manager for...

Seth Ostendorff to lead IIASB as president for 2022-23

Seth Ostendorff to lead IIASB as president for 2022-23

Seth Ostendorff, a producer at Dethloff and Associates, was installed president of the Independent Insurance Agents of Shreveport Bossier during ceremonies held at a luncheon at The Shreveport Club on May 19. He succeeds Chris Rimmer, McGriff, who was president of...

Southern Fidelity shut down by Florida OIR

Southern Fidelity shut down by Florida OIR

The Florida Department of Financial Services was named receiver for Southern Fidelity Insurance Company June 15 via a consent order signed by Circuit Judge J. Layne Smith at the Leon County Courthouse in Tallahassee.According to the order, all of Southern Fidelity’s...

Insureds urged to contact their agents

Insureds urged to contact their agents

Commissioner of Insurance Jim Donelon urged people who still have homeowners policies with Lighthouse Excalibur Insurance Company, Maison Insurance Company and Southern Fidelity Insurance Company to get in touch with their agent immediately to place their coverage...

Workers’ comp market continues to show strong results

Workers’ comp market continues to show strong results

Calendar year 2021 is the fifth consecutive year that the U.S. workers’ compensation insurance market posted a combined ratio below 90 percent and the eighth consecutive year of underwriting profitability, according to performance metrics released by the National...

Employee sues Commissioner of Insurance

Employee sues Commissioner of Insurance

A civil service classified employee of the Louisiana Department of Insurance working in the Division of Fraud and Enforcement has sued LDI and Commissioner of Insurance Jim Donelon alleging that Donelon and other employees retaliated against her in response to her...

Donelon updates north Louisiana agents on status of market

Commissioner of Insurance Jim Donelon was in Shreveport May 19, two and one-half weeks before the Louisiana Legislature adjourned, to talk to the Independent Insurance Agents of Shreveport Bossier about current events at the department, the session and the hurricane...

Lloyd’s reports record success and a return to a sound profit

Lloyd’s reports record success and a return to a sound profit

London ViewsBy LEN WILKINSLondon CorrespondentPlans for Lloyd’s members to attend the market’s 2022 Annual General Meeting in person were changed at the last moment because climate activists threatened to disrupt the meeting. Thanks to Zoom, the meeting went ahead led...

Are you ready for the next disaster?

Are you ready for the next disaster?

If you’re raking ashes in California or ripping out sheetrock and carpets in Louisiana, you are disaster-wise. We grow through adversity. If you have never lived through a disaster, you are probably, with all due respect, dumb, fat and happy. Today I want to make you...

NOAA finding: Air pollution provides storm resistance

NOAA finding: Air pollution provides storm resistance

Reducing human-caused air pollution in North America and Europe brings a surprise result: more hurricanes. The National Oceanic and Atmospheric Administration study that revealed the surprising result was published May 11 in the journal titled Science Advances.The...

News In Brief

News in Brief

News in Brief

PEOPLE Stonemark has announced the hiring of Brooke Bouy as vice president and Teal Christiansen as associate account executive. Bouy and Christiansen, who join Stonemark with more than 20 years of combined experience in premium financing, will oversee relationships...