The National Association of Insurance Commissioners reported yesterday that Louisiana trails only Texas and Florida for high homeowners insurance premiums. The most recent data is for 2006.
The state's average homeowners' insurance premium of $1,257 is ranked third behind Texas, $1,409, and Florida, $1,386. Louisiana's 2006 numbers increased almost 10 percent over 2005.
But Louisiana Insurance Commissioner Jim Donelon told The Times-Picayune that the 2006 figures don't reflect price increases after Katrina, because bills in 2006 would have been based on rates that were approved in 2005 before Hurricanes Katrina and Rita. Next year will be the first time the annual NAIC study reflects true post-Katrina prices, The T-P reports, and Donelon believes those figures from 2007 will show a 12.5 annual increase.
However, Donelon believes the increases in 2008 and 2009 will be much smaller, improving how Louisiana stacks up with other states.
David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
At Thursday's State of the Economy luncheon, LEDA President and CEO Gregg Gothreaux said PXP has already quietly hired 180 people for its Broussard expansion.
There will soon be a whole lot of shakin’ going on at Benny’s Sportshack Supplement Depot, a new concept by Opelousas native Benny Nele. Located at 2002 Johnston St., the supplement shop, smoothie bar and café, featuring hot off the press paninis and wraps, plans to open in late May.
This year’s Cool Town issue is all about people who are not native to South Louisiana but made a conscious decision to be here, to be among us, to participate in our culture and contribute to it.
A shelved ordinance transferring $200,000 from a northside drainage project to a south Lafayette development may not break any laws, but it stinks to high heaven.
An effort to restore a shuttered dancehall and document other vacant or razed honky-tonks could serve as a model for saving an endangered species of entertainment.
Lafayette’s gene pool has been host to a long line of eccentric characters who have blurred the lines between crazy, genius, disturbed and curiously entertaining.
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