Residents will soon have to pay more for flood insurance. Scott Carwile has more…
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Latest employment numbers show that there were 7500 less people working in January than in December, ending a long streak of monthly employment gains. Michelle Southern reports…:
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Governor Bobby Jindal is looking at selling tobacco settlement money that would result in an estimated 750-million dollars in cash. Jeff Palermo has the story…
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State Police say a truck driver from Alabama died when he was run over by a trooper who was looking for him in Madison Parish. Sgt. James Anderson says they received a report early Tuesday morning that an 18-wheeler was stuck in the lane of travel on US Highway 65 about 6 miles north of Tallulah…:
cut 4 (11) “were looking for him”
Anderson says 47-year-old David Watford of Cottonwood, Alabama was walking in the middle of the road wearing blue jeans and a camouflage shirt when the trooper in a Tahoe approached…:
Anderson says Watford was pronounced dead at the scene by the Madison Parish Coroner’s office. The driver of the Tahoe was wearing a seal belt and was not injured. He says an investigation into the crash is underway:
Cut 6 (07) “examined thoroughly”
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Residents will soon have to pay more for flood insurance. State Insurance Commissioner Jim Donelon says the increases are the result of changes to the National Flood Insurance Program that were passed by Congress last year. He says the premium hikes for primary residences are capped at 18-percent each year…
Donelon says the increases will go into effect April 1, when policies come up for renewal. If you have a camp, you can expect an even higher premium boost…
He says premium increases for second residences, commercial, and rental properties are capped at 25-percent per year. In addition to the rate increases, property owners will have to pay a surcharge, $25 per year for your primary residence and $250 for businesses, rentals, or secondary residences. Donelon says these changes are complicated, so you may want to get some advice…
Cut 9 (10) “Insurance Program”
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Latest employment numbers show that there were 7500 less people working in January than in December, ending a long streak of monthly employment gains. Louisiana Workforce Commission Executive Director Curt Eysink says it’s not unusual to see a decline in jobs at the start of the year…:
Cut 10 (10) “usually are shed”
Eysink says even though there was the typical job drop that you see in January, we’re still employing far more people this year than we were this time last year…:
At 7 percent the unemployment rate for January ranked as the third highest among states, but Eysink believes that’s because more people are joining the workforce in Louisiana at a faster rate than they can find work. He says the drop in oil prices has caused about 1,000 layoffs over the past few months…:
cut 12 (12) “short term thing”
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Governor Bobby Jindal is looking at selling the remainder of a multi-billion dollar settlement from tobacco manufacturers to help the state’s budget problems. The Jindal administration says it could be used finance the TOP’s scholarship program for the next seven to eight years, but State Treasurer John Kennedy doesn’t like this idea
The money under discussion is from a 1998 settlement involving tobacco companies who paid billions of dollars to numerous states for health care costs associated with smoking. Kennedy says the Jindal administration has raided all other pots of money and this is the last one left
Cut 14 (06) “financial pressure”
Despite Kennedy’s concerns, the Tobacco Settlement Financing Corporation, voted to begin the process of selling the tobacco settlement. House Speaker Chuck Kleckley says the sale will need legislative approval, which means several public hearings on the issue
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Former US Open Champion Justin Rose, who is ranked as the 10th best golfer in the world, has committed to play in the Zurich Classic of New Orleans, which will take place April 23rd to the 26th at TPC Louisiana in Westwego. Fore Kids Foundation president Steve Worthy says they are working to bring more big names to the P-G-A event
Rose’s commitment to play in the Zurich Classic, comes about a week after Billy Horschel’s announcement that he would play in New Orleans next month. Horschel won the Zurich Classic in 2013 and he’s ranked 17th in the world. Worthy credits the golf course in helping them get some of the best players in the world…