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Baton Rouge’s Cadence Insurance to be acquired by Arthur J. Gallagher
Cadence Insurance, a multistate company headquartered in Baton Rouge, has agreed to a purchase offer from global insurance broker and consultant Arthur J. Gallagher & Co., the companies announced today.
The Department of Defense has free cybersecrity tools for entrepreneurs
As small businesses increasingly face cybersecurity threats, the government, specifically the Department of Defense, is stepping in to equip entrepreneurs with tools to defend against cyber attacks.
LMOGA’s president lobbies Congress for ‘predictable robust’ offshore leasing
Testifying before Congress last week, a Louisiana oil and gas advocate lobbied for uninterrupted continuation of the offshore lease program.
Louisiana Mid-Continent Oil and Gas...
Louisiana adopts stronger rule to tackle orphaned oil well problem
The Louisiana Department of Natural Resources finalized a new rule Friday to help reduce the number of orphaned oil and gas wells throughout the state.
LABI names 2023 Free Enterprise Award winners
The Louisiana Association of Business and Industry today announced the companies and individuals it has selected as winners of its 2023 Free Enterprise Awards.
Louisiana offshore wind consortium chosen as US Tech Hub
President Joe Biden and the U.S. Department of Commerce’s Economic Development Administration today announced the selection of Gulf Louisiana Offshore Wind Propeller as one of 31 newly designated U.S. Tech Hubs.
LSU produces some of the highest-paid NFL players
LSU is responsible for producing some of the National Football League’s highest-paid players, according to a new study recently released by sports betting media group Canada Sports Betting.
Kinder Morgan invests $50M into Geismar facility
Pipeline operator Kinder Morgan is investing $50 million into improvements at one of its Geismar facilities.
P-Beau’s to reopen. See what else is coming up for the Making Raving Fans...
P-Beau’s, a Denham Springs restaurant closed for about a year after a fire, will reopen in the coming weeks, says Peter Sclafani, partner with Making Raving Fans Hospitality Group.
Chevron’s latest acquisition is the second buyout among major producers this month
Chevron is buying Hess Corp. for $53 billion, but even with that pricetag, it’s not the biggest acquisition in the energy sector this month.
Congress is pushing the SBA to go after pandemic-era fraud
The Small Business Administration continues to face heat for its decision to not fully pursue overdue pandemic-era loans.
How one Baton Rouge charity is tackling food insecurity
Catholic Charities of the Diocese of Baton Rouge is planning to repurpose the former Re-Bath showroom on Coursey Boulevard into a food distribution hub...
Why Louisiana plans to pay musicians to bird-watch
The Louisiana Office of Tourism set aside $300,000 in its annual budget to pay for local artists to go bird watching with Rolling Stone magazine.
State unemployment rate holds steady at record low
Louisiana’s unemployment rate remained at a record low in September, unchanged from August’s 3.3%, the Louisiana Workforce Commission announced today based on data from...
Utilities modernization, baseball coach’s contract on LSU board agenda today
The LSU Board of Supervisors gets an update today on a controversial 30-year partnership meant to modernize the university’s utility system.
Longtime Donaldsonville insurance company acquired
Bourg Insurance, based out of Donaldsonville, has been acquired by Texas-based Higginbotham, one of the largest independent insurance, financial and HR services firms headquartered in Texas and one of the top firms in the country.
A rebranded The Queen leads a September casino revenue rise
Despite two casinos reporting decreased month-over-month revenue, Baton Rouge casino revenues in September increased by 5.2% from August, according to the state gaming board’s latest report.
Here’s what ongoing crisis in the Middle East could mean at the gas pump
Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices higher.
LSU goes on defense to protect Louisiana colleges from cyberattacks
LSU’s new Security Operations Center is officially up and running―and it’s beginning to connect other universities to its system.
Business lobby set to hold even more power following Saturday’s election results
The Louisiana Association of Business and Industry endorsed candidates in 52 races for this year’s state elections. Of those, all but four either won outright or advanced to next month’s runoff, says Andree Miller, LABI’s director of political action committees.
