The Louisiana insurance commissioner is seeking a government takeover of two regional insurance companies that are facing insolvency due to losses from Hurricane Ida to ensure the company’s policyholders are paid what they are owed, officials say.
An oil refinery in Belle Chasse that was flooded during Hurricane Ida is being shut down and turned into a storage terminal, prompting local leaders to assess the potential economic impacts that could come with losing one of the area’s biggest employers.
The nation's commercial casinos took home nearly $14 billion in third-quarter revenue this year, marking the industry's best quarter ever, and pushing U.S. casino revenue past the total for all of 2020, according to figures released Tuesday.
Its private employer vaccine mandate on hold, the Biden administration wants the multiple challenges to its workplace rule—including Louisiana Secretary of State Jeff Landry’s—consolidated in a single federal court and has asked for a decision by early next week.
Insurance companies are on track to pay at least $10.6 billion to cover Louisiana claims for damage caused by Hurricanes Laura, Delta and Zeta, according to Insurance Commissioner Jim Donelon.
America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown.
Louisiana lawmakers are trying to wade into a political thicket they haven't braved in nearly 25 years: the redrawing of maps setting the state's Supreme Court districts.
The number of Americans applying for unemployment benefits fell to a pandemic low last week as the job market continues to recover from last year's coronavirus recession.