Early estimates of onshore property damage from Hurricane Laura by various modelers range from about $4 billion to $12 billion. Those estimates came in from CoreLogic, Karen Clark and Company and AIR. Several days later, risk modeler RMS estimated that onshore and...

Commissioner of Insurance Jim Donelon issued a Cease and Desist Order to Monroe insurance producer Jerry Dool for including false information on insurance applications, altering or forging names on checks and electronic transfer forms, and receiving commissions based...

The coronavirus pandemic caused the PIA Convention scheduled for July to be canceled, then Hurricane Laura caused the virtual convention that was scheduled in August to be canceled, and the hurricane caused massive destruction to Southwestern Louisiana, but that has...

The Louisiana Department of Insurance reviewed homeowners policies for Lake Charles residents relative to additional living expenses, LDI said in a news release issued Sept. 14.The review came about after Mayor Nic Hunter of Lake Charles contacted Commissioner of...

At its Sept. 10 meeting, the Louisiana Citizens Property Insurance Corp.’s (LCPIC) board of directors voted to approve sending the commercial property rate filing, an overall increase, to the Department of Insurance for approval. Also, because LCPIC’s board has not...

A New Orleans attorney, who was referred to only as Attorney A in a federal indictment, and two of the players, who recently pled guilty to staging a series of automobile accidents in order to rip-off insurance companies through fraudulent lawsuits, have been sued in...

Longtime insurance consumer advocate Birny Birnbaum, director of the Center for Economic Justice, proposed a model law to the National Association of Insurance Commissioners during an online meeting of the Consumer Liaison Committee.Birnbaum is one of the people with...

While other rating agencies continue to rate the global reinsurance market’s outlook as negative, at the end of 2018, AM Best changed its view of the reinsurance market segment to stable from the negative outlook it had held between 2014 and 2018. As Best sees it,...

Australia-headquartered QBE Insurance Group has announced that its CEO, Pat Regan, is to leave the company following a complaint from a female employee and the outcome of a subsequent external investigation into workplace communications, several news organizations...

London ViewsBy LEN WILKINSLondon CorrespondentLloyd’s has announced losses of $0.52 billion for the half year to date. The market can live with that but will be worried about Lloyd’s management’s expectation that the market stands to pay out up to $6.5 billion for...

Today is September 11, 2020

The 19th anniversary of what we now call – 9 /11. The TV is playing in the background, reliving the terror of that day. It is the tragedy– no matter where you lived–that reshaped our world. We will…