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Louisiana News and Information

Louisiana: Legislature Winds Up 2008 Session After Adopting ‘Named Storm’ Deductible Proposal Favorable to Insurance Consumers, Companies

The Louisiana Legislature has adjourned after passing several proposals affecting the property/casualty insurance industry. Yesterday evening’s adjournment followed a weekend of frenzied activity for lawmakers. (Posted: 6/24/2008)

NAMIC: Louisiana Legislature Winds Up 2008 Session After Adopting ‘Named Storm’ Deductible Proposal – a ‘Win-Win’ for Insurance Consumers, Companies

The Louisiana Legislature has adjourned after passing several proposals affecting the property/casualty insurance industry, according to NAMIC. (Posted: 6/24/2008)

Louisiana: Coastal Forum in New Orleans

A wide variety of panelists ranging from insurance regulators to congressmen to a private citizen covered “Insurability of the Coast,” the 4th Presidents’ Forum on Meeting Coastal Challenges held by Louisiana State University, its Ag Center, Louisiana Sea Grant, the America’s Wetland Foundation, and the Louisiana Department of Insurance. (Posted: 6/17/2008)

Louisiana: Legislature Nearing Adjournment; Bill Status

Insurers scored a victory for marketplace modernization in Louisiana last week with House passage of SB 160, which would allow for “named storm” deductibles to vary by geographic territory. The bill is now pending in conference committee. (Posted: 6/17/2008)

Louisiana: Important Bills on the Move

Louisiana SB 160, which would allow for regional homeowners deductibles, is scheduled for a vote by the full House today. (Posted: 6/10/2008)

Louisiana/North Carolina: Coastal Insurance the Subject of Conferences

Hurricane season brings not just a focus on “battening down the hatches” in the event of a storm but a heightened awareness of the availability and affordability of property insurance in Atlantic and Gulf Coast states. (Posted: 6/10/2008)

Report: 33 Million Licensed Americans May be Unfit for Roads

Results from the 2008 GMAC Insurance National Drivers Test released May 22 found that 16.4 percent of drivers on the road - roughly 33 million licensed Americans - would not pass a written driver’s test if taken today. (Posted: 5/28/2008)

Louisiana: Senate Insurance Bills Ready for House Passage

Three important Louisiana Senate insurance bills, introduced by Sen. Don Cravins, are pending final passage in the House after receiving favorable reports by the House Insurance Committee and second reading by the full House last week. (Posted: 5/20/2008)

Louisiana: Insurance Bills Moving from One House to the Other

Quite a few bills of interest to the Louisiana insurance industry are pending passage in their house of origin. (Posted: 5/13/2008)

Report: Workers’ Compensation Costs per Claim in Louisiana Higher than Most Other Study States

Workers’ compensation costs per claim in Louisiana were 28 percent higher than the median of 14 states for a similar set of claims from 2003 to 2006, according to a new study by the Cambridge, Mass.-based Workers Compensation Research Institute. (Posted: 5/12/2008)

Louisiana: Regional Hurricane Deductible Bill Passes Senate (5/6/2008)

Mississippi, Louisiana Senators Try to Add Wind Coverage to Flood Program (4/29/2008)

Louisiana: Grassroots Lobbying Effort Needed to Push Pro-insurance Bill (4/22/2008)

Louisiana: House Insurance Committee Appears Committed to Free Market, So Far (4/15/2008)

2008 State-by-state Rankings Released of the Best and Worst Tort Systems in America (3/12/2008)

Report: States Better Prepared for Emergencies (2/21/2008)

Report: Most States Earn Average Grades in Highway Safety (2/20/2008)

Longtime Insurance Advocate to Leave Congress (1/22/2008)

The Louisiana Post-Katrina Insurance Market (1/21/2008)

Louisiana: GOP Takes Governor’s Office, Donelon Re-elected (10/23/2007)

Louisiana: Commissioner Launches Insurer Incentive Program (10/9/2007)

Coastal Concerns Aired by Southeast Commissioners (9/25/2007)

Hurricane Humberto Strikes Gulf Coast (9/13/2007)

2007 SUMMARY OF NEW STATE LAWS - LOUISIANA (8/2/2007)

Survey of Hurricane Preparedness Finds One-Third on High Risk Coast Will Refuse Evacuation Order (7/24/2007)

NAMIC Applauds Louisiana Governor’s Rejection of Auto Insurance Legislation (7/19/2007)

Louisiana: Package Aimed at Luring Insurers Passes (7/3/2007)

Legislation Could Make ‘All the Difference’ in Louisiana’s Insurance Marketplace (6/29/2007)

Louisiana: House Passes Legislation Eliminating Rating Commission (6/12/2007)

Louisiana: Bills Altering Residual Market Mechanism Move Forward (5/29/2007)

Louisiana: First Weeks Bring Flurry of Activity on Insurance Issues (5/22/2007)

Plenty of Political Intrigue Brewing in 2007 State Election Races (5/21/2007)

Road Rage Survey Reveals Best, Worst Cities (5/16/2007)

Louisiana: Legislation Placing Insurers Under Attorney General Still Pending (5/15/2007)

Report: Emerging Risks Impeding Business Development; Leaders Lack Understanding of Real Risks (5/15/2007)