Banking & Finance

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. 

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.

The Small Business Administration continues to face heat for its decision to not fully pursue overdue pandemic-era loans.

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. 

Federal Reserve Chair Jerome Powell said today that inflation remains too high and that...

The net worth of the typical U.S. household grew at the fastest pace in...

The state’s next insurance commissioner has formed an Insurance Advisory Council “with the goal of bringing all stakeholders to the table to aggressively tackle the insurance crisis in Louisiana.”

Health insurance costs for companies are climbing at the steepest rate in years, and it has executives looking for ways to remain competitive with job seekers while also managing the added expense, The Wall Street Journal reports. 

Businesses short on cash are turning to so-called double-dip loans to refinance short-term debt...

To handle the risk of massive payouts, insurance companies sell policies across different markets—reasoning...