AIR Worldwide estimates that industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion to $25 billion, the extreme event modeling firm said in a statement issued Sept. 3, less than a week after the...

At its Sept. 9 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 and also to approve sending the second...

Louisiana Insurance Commissioner Jim Donelon said he was “shocked” when State Farm representatives told him during a conference call that the company opposed his Sept. 3 request in Bulletin 2021-07 that insurers voluntarily pay policyholders’ additional living...

The Louisiana Association of Self Insured Employers met July 14 in Baton Rouge for the association’s Legislative Recap of the 2021 Regular Session of the Louisiana Legislature. The Legislative Review session was led by LASIE Executive Director Gary Patureau and...

With cannabis use getting closer than ever before to becoming legal nationwide either medicinally or recreationally, Admiral Insurance Company’s Vice President of Cannabis Underwriting Keith Distel presented to attendees of the Texas Surplus Lines Association Mid-Year...

Private property/casualty insurers in the United States saw their net income after taxes increase in the first quarter of 2021 from a year earlier, while their combined ratio worsened, according to a new report from Verisk, a global data analytics provider, and the...

A Lake Charles physician pled guilty July 30 in Arkansas to one count of conspiracy to commit mail fraud, wire fraud, health care fraud, fraud to obtain federal employees’ compensation, and illegal remunerations (taking kickbacks), in connection with a scheme to...