(NEW ORLEANS) — Louisiana’s highest court waded Tuesday into a high-stakes legal debate spawned by the insurance industry’s refusal to pay for water damage from the failure of levees in greater New Orleans after Hurricane Katrina. Read More and Discuss

For thousands of Louisiana hurricane victims still battling their insurers over policy interpretations, Tuesday is the biggest of judgment days, with millions of dollars and, possibly, the future of the state’s insurance landscape at stake. Read More and Discuss

Allstate Corp. will restore insurance coverage for hundreds of customers and pay $250,000 to resolve disputes over cancellation of south Louisiana homeowner policies after Hurricane Katrina, the company said Wednesday. Read More and Discuss

When the Legislature’s Joint Committee on Budget approved the first grants for the state’s Insure Louisiana Incentive Program , a $100 million state fund to lure insurers to Louisiana, one applicant didn’t make it: Bankers Insurance Group . Read More and Discuss

State officials said Tuesday they are concerned about inadequacies in how the state-run property insurance company handles its legal cases and expenses. Read More and Discuss

Gov.-elect Bobby Jindal and Florida Gov. Charlie Crist shared ideas Wednesday on how to make the insurance industry better for policyholders in the two Gulf Coast states. Read More and Discuss

With controversy swirling around Louisiana Citizens Property Insurance Corp. and uncertainty created by the change in the governor’s office, new appointments haven’t been made to the board of the state-sponsored insurer of last resort, despite a legislative mandate to reduce insurance industry influence on the board that took effect three months ago. Read More and Discuss

Former state Insurance Commissioner Robert Wooley refused to testify in front of a legislative council Wednesday as part of an ongoing investigation into state-run insurance agencies. Read More and Discuss

WASHINGTON—Sen. David Vitter, R-La., has put a hold on a flood insurance overhaul bill because he says it doesn’t raise coverage limits or expand the program to provide wind-damage coverage to address a shortage of affordable policies in Gulf Coast communities devastated by hurricanes in 2005. Read More and Discuss

WASHINGTON—Despite objections from Gulf Coast lawmakers, a Senate committee has unanimously voted to overhaul of the National Flood Insurance Program without adding optional coverage for wind damage. Read More and Discuss

Representative Mike Strain voted to allow any state legislator who had served 10 or more years to stay on the public tab for health insurance. In 2003, he voted 92% IN FAVOR OF ALL TAXES. Read More and Discuss

BATON ROUGE—The legislative panel that oversees enforcement of state audits voted Wednesday to subpoena past and present officials of three state-affiliated insurance agencies to testify about a recently released audit that alleged more than $1 million was misspent on travel, entertainment and meals. Read More and Discuss

A long-awaited audit report on the troubled Louisiana Citizens Property Insurance Corp. found evidence of fraud and abuse on Monday by the state-sponsored insurer of last resort, which did not have enough money to pay claims after Hurricane Katrina. Read More and Discuss

Two years after Hurricane Katrina, there are glimmers of hope that the exceedingly tight insurance market may be easing. Read More and Discuss

BATON ROUGE—The attorney for the board that administers the state’s high-risk auto pool and homeowners insurer of last resort said Monday the groups are preparing for Legislative Auditor Steve Theriot to blast the spending practices of the agencies in an upcoming report. Read More and Discuss

In a little-noticed memo issued in June, the Federal Emergency Management Agency changed the insurance requirements that local governments and nonprofits must meet to be eligible for public assistance in times of disaster, putting groups such as hospitals, schools and parish governments on the hook for millions of dollars should another storm strike the New Orleans area. The changes set… Read More and Discuss