Banking & Finance

BBQGuys terminates planned merger

Baton Rouge-based BBQGuys and Velocity Acquisition Corp. today announced they have agreed to terminate their planned merger due to the impact of global supply chain issues on BBQGuys’ business. 

Will FEMA insurance changes make developers more aware of flood risks?

On Oct. 1, the federal government made major changes to the National Flood Insurance...

Analysts forecasting oil prices will again top $100 a barrel 

Analysts projecting oil prices will again top $100 a barrel 

2020 hurricane season cost insurers at least $10.6B in Louisiana claims

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.

Questions linger about new federal flood insurance costs

Insurance agents and policyholders are finding it difficult to get answers to their questions about Risk Rating 2.0, the Federal Emergency Management Agency’s new approach to pricing flood insurance. 

Six area business leaders honored at LED awards

Six Baton Rouge-area business leaders received awards from Louisiana Economic Development at its 2021...
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Commercial concerns

Office occupancy rates, already soft, have held fairly steady throughout the pandemic but some fear that will end when long-term leases come up for renewal.

Addressing a problem…or creating havoc?

New federal flood insurance rules and pricing are meant to curtail development in high-risk areas, but so far they’re only generating controversy.

Roundup: Mortgage rates / Ancient findings / Shots for children

Homebuyers: The average long-term mortgage rate in the U.S. ticked back down this week...

Cassidy, Kennedy propose capping annual flood insurance rate hikes at 9%

Louisiana’s U.S. senators have joined several colleagues in proposing legislation to reauthorize the National Flood Insurance Program for five years while making changes that would include capping annual price increases at 9%.