We Louisianans know that Mother Nature can quickly destroy property. For that reason, many of us wisely find the appropriate type of insurance to cover unexpected events. But what happens if that bad day comes, and for one reason or another the insurance company, whom you have paid all of your hard-earned premiums to, decides [...]
Most states have laws that require drivers to have a minimum threshold of liability insurance. Liability insurance covers a driver for damages or injures the he or she causes in a car accident. Per Louisiana Revised Statute § 32:900, the minimum liability coverage limits are $15,000 per person, $30,000 of bodily injury coverage per accident, [...]
Southern University recently selected Advanced Biomedics, LLC to run its medical marijuana growing operations. However, the program has been delayed due to an internal dispute within Advanced Biomedics, potentially jeopardizing the deal. The two largest owners of Advanced Biomedics have filed legal challenges against each other over the contract negotiations with Southern and the ownership [...]
Imagine this nightmare scenario, you instruct your long-time insurance agent to obtain primary and excess property insurance coverage on your home because you know that accidents and catastrophic weather can strike at any time. The agent assures you that he has obtained the coverage you requested, prompting you to sign the contract without hesitation because [...]
Now that you've settled on the home you want to buy and understand the contract, here are some other important terms to make sure you're familiar with. Contingencies These are provisions in a contract that require one or more certain acts to occur before the contract becomes binding. One of the most common examples [...]
You’re finally tired of renting and realize the $1,500 you’re spending on rent each month could go towards owning your dream home. However, the thought of going through the home buying process scares you. You don’t know where to start, what you should know, or who to talk to. You’re not alone. Buying your first [...]
In November 2013, China detected genetically modified traits in U.S. corn shipments. Because China had not approved the genetically modified trait, it halted U.S. corn imports. The following month, the Chinese government issued a warning notification strengthening the inspection and supervision of the import of genetically modified feed materials. This notification required the testing of […]
Those working for popular ridesharing companies such as Uber or Lyft might be putting themselves at considerable risk by only having personal auto insurance. Ridesharing drivers are required to carry auto insurance that conforms with state law and then the company typically provides a secondary liability insurance policy to cover damages sustained as a result of a work-related […]
“Warrior Dash” is a well-known race series that hosts extreme obstacle races throughout the United States. People obviously enjoy racing through the various obstacles and the spirit of camaraderie that permeates. That there is inherent risk of some danger is exhilarating. The recent “Warrior Dash” held in St. Francisville, however, exposed racers to an unacceptable risk not envisioned by the […]