Banking & Finance

Baton Rouge-based Bernhard Capital Partners’ portfolio company Delta Utilities is taking over natural gas distribution in Louisiana and Mississippi from CenterPoint Energy Inc.

Technology is bringing company chief information officers and chief financial officers closer together, reframing...

Finance chiefs are chipping away at their companies’ expense lines despite a much improved...

Endowments that support Louisiana universities performed sluggishly when compared with the national average, but their growth is actually better than schools with some of the largest donor accounts.     

Houston private equity firm Capstreet has acquired Analytic Stress Relieving Inc., a Lafayette heat treatment services provider. Financial terms of the transaction were not disclosed.

Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates intended to cool economic growth.

In a newly released statement, Louisiana Insurance Commissioner Tim Temple praised his department’s transparency in working with stakeholders of the proposed acquisition of Blue and Cross Blue Shield of Louisiana by Indiana-based Elevance Health. 

On the eve of its scheduled public hearing, Blue Cross and Blue Shield of Louisiana informed Louisiana officials it was withdrawing its plan of reorganization and sale—again. 

On the eve of its scheduled public hearing, Blue Cross Blue Shield of Louisiana...

Public feedback provided to the Department of Insurance prior to Wednesday’s public hearing has been largely critical of the proposed reorganization and sale of Blue Cross Blue Shield of Louisiana, the state’s largest health insurer.