Banking & Finance

GOP-led House committee targets pandemic relief dollars for review 

More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding the myriad COVID-19 relief programs that Congress established in the early days of the pandemic.

Bernhard Capital exec expects ‘pockets of stress’ but bullish on state’s economy

Though a mild recession this year is still a common prediction among experts, Jeffrey Koonce with Baton Rouge-based Bernhard Capital Partners says he’s “bullish” on the long-term prospects for Louisiana’s economy. 

House committee advances bill aimed at easing state’s insurance crisis 

The House Appropriations Committee advanced a bill today to pour $45 million from state surplus funds into the Insure Louisiana Fund after pleas from Republican Insurance Commissioner Jim Donelon, State Rep. Timothy Kerner, R-Lafitte, and industry advocates. 

Billions in COVID aid reportedly went to companies using ineligible SSNs 

The U.S. government may have awarded roughly $5.4 billion in coronavirus aid to small...

Can Louisiana property insurance market meet demand without incentives?

Prior experience suggests offering incentives to write property insurance in Louisiana will lead to...

Watchdog estimates pandemic unemployment fraud exceeded $60B

The Government Accountability Office says in two recent reports that unemployment insurance fraud during the pandemic may top $60 billion, reports Route Fifty.
- Advertisement -

Inflation eases in December as consumer spending drops 

The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell—the...

Louisiana businesses have a new tech-based flood insurance option

London-based company FloodFlash is now offering its data-driven flood insurance coverage to Louisiana businesses.

Nasdaq to delist ASAP due to low stock prices

ASAP, formerly known as Waitr, will be delisted from Nasdaq next week after struggling...

Louisiana had second-highest rate of mortgage delinquency in December

Louisiana borrowers continued to struggle in December to make their home loan payments, according to a recent report from mortgage analytics firm Black Knight Inc.