Banking & Finance

The chair of the Louisiana Senate Insurance Committee plans to file legislation that would make the position of insurance commissioner appointed rather than elected. 

Ongoing uncertainty in the banking industry is translating to a new perk for consumers,...

The capital markets have been on ice since the collapse of Silicon Valley Bank two weeks ago, The Wall Street Journal reports. 

After pushing so-called tort reform legislation in 2020 that failed to reduce auto insurance rates, Louisiana Insurance Commissioner Jim Donelon

One lever finance executives have to combat the impact of inflation on earnings is to make an accounting policy change: moving to “first-in, first-out” accounting, or FIFO.

Baton Rouge bank leaders say they’ve seen little negative impact regionally as fear continues to dominate the larger national banking industry. 

Blue Cross and Blue Shield of Louisiana policyholders would be in line for just under $1,900 each under a reorganization plan filed with state officials, though the final numbers may differ. 

Louisiana's corporate franchise tax rate of 0.275% ranks second highest in the country, according to a report from the nonprofit Tax Foundation.

The Federal Trade Commission has ordered five small-business credit reporting firms to provide information regarding their products and processes as part of a formal inquiry, Inc. magazine reports. 

Small businesses are likely to find getting a loan more difficult because of the ongoing turmoil in the banking industry, which is raising the risk of a recession, according to The Wall Street Journal.