Louisiana Citizens Property Insurance Corp. is expected to approved upping its commercial coverage rates by a statewide average of 45.1 percent this week, according to The Advocate. The board for the state-backed insurer of last resort for those who can’t obtain traditional property insurance — typically coastal residents who frequently find themselves in the paths of hurricanes — will vote on the rate hike on Thursday.
Virtually all of the roughly 5,700 commercial property-insurance policies with Citizens are in the New Orleans and coastal parishes areas. Citizens’ board voted in September to hike rates by more than 56 percent but the state Department of Insurance nixed that figure and reduced it to 45.1.
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.
Plains Exploration and Production, the Houston company Flores has been running since 2002, is building a deepwater Gulf of Mexico warehouse and storage facility on Bernard Road in Broussard.
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.