The Official Newsletter of Louisiana's Trucking Industry
Open Road Digital Magazine - Now Available!
The LMTA is excited to announce that the Fall edition of Open Road magazine is on the way to our readers' mailboxes! The digital issue of this edition, featuring 2022-2023 Chairman of the Board Karl Mears, is available to read online using the link below.
LMTA Member Tim Temple Announces Candidacy for Louisiana Commissioner of Insurance
Earlier this week, Republican Tim Temple formally announced his candidacy for Louisiana Commissioner of Insurance.
“Over the last 17 years, Louisiana auto rates have soared to the most expensive in the country, while recently we’ve seen an explosion of homeowner rate increases and an expansion of attorneys promising quick claim settlements and loosely regulated public adjusters. Just last week, the current commissioner approved a 63% homeowner’s insurance rate increase," Temple said. “Continuing to recycle old plans ignores the actual problems and shortcomings altogether, and these issues are too serious to ignore. More than ever Louisiana needs an insurance commissioner with experience in the insurance industry, that will be honest, transparent, accountable, and put the people of this state ahead of insurance companies. That’s why I’m running.”
Tim Temple Bio:
Tim Temple is a native of DeRidder, Louisiana and is a successful insurance professional with
over 20 years of experience in every facet of the insurance industry. He worked his way up from neighborhood insurance agent to insurance executive to helping businesses recover from the BP oil spill. Presently, Tim serves as President of Temptan, a family owned business and LMTA member in Baton Rouge.
Additionally, Temple currently serves as the Chair and President of the Louisiana Committee of 100 for Economic Development, working outside of government to provide leadership and resources that focus on the economic growth of the Louisiana economy. Tim and his wife Amy live in Baton Rouge with their two daughters.
LMTA Member Exclusive NO COST Employee Benefits
Benefit plans from LMTA Insurance Management!
We are excited to share our partnership with Mengel Financial Group to bring our members our new benefit plans under LMTA Insurance Management!
Since 2005, Mengel Financial Group has been offering Voluntary Employee Benefits to meet the needs of companies and their employees. Mengel Financial Group is committed to providing our members with the best and most affordable group benefits based on their specific needs. Offering Voluntary Employee Benefits strengthens relationships with your employees and improves retention and recruitment.
All of the benefits are offered at NO COST TO THE EMPLOYER. Mengel Financial Group has partnered with over 20 insurance carriers, which allows us to provide the best and most affordable benefits to satisfy our member's employee’s needs. Many of their benefit offerings are Guaranteed Issue requiring no medical questions or medical exam.
Mengel Financial Group has been saving companies, employees & owner operators money on benefits since 1989, working with the Georgia Motor Transport Association in recent years, providing their members with affordable benefits.
LMTA Insurance Management also has a local benefits specialist in Tiffany VanHazebroeck, located in Mandeville, LA. Tiffany is ready to help our member companies provide their employees with exclusive voluntary benefits!
For more information or inquiries on benefits - please contact Tiffany VanHazebroeck or Ted Mengel whose information is listed in their profiles here.
TIFFANY VANHAZEBROECK | Benefits Specialist
TED MENGEL | CEO
Install eTAT on your ELD System
Truckers Against Trafficking's new platform give on-demand access in cab!
Truckers Against Trafficking have developed an ELD-friendly platform called eTAT, an app specifically for ELDs to help your drivers identify and report labor and sex trafficking in their everyday work.
Drivers can view human trafficking red flags and examples, as well as scan QR codes with their personal mobile devices to access training videos, podcast episodes and more. ETAT is designed with ELDs in mind and is stripped of all cellular data, and holds links to resources such as training videos, podcasts, and more. It allows drivers to have that guidance to identify and report human trafficking.
If you decide to utilize eTAT across your company devices, please let us know at email@example.com.
MORE FROM TRUCKERS AGAINST TRAFFICKING
LA Dept. of Insurance Approves Citizens Rate Increase
Information & Tips Offered for Policyholders
OCTOBER 10, 2022
The Louisiana Department of Insurance (LDI) has approved Louisiana Citizens’ request for a 63% rate increase on its residential property insurance policies beginning January 1, 2023. The rate increase will not affect Citizens’ current policyholders until they renew their policy after that date.
Citizens is the state’s insurer of last resort. Louisiana law requires Citizens’ rate for each of its policy types in each parish to be at least 10% over the highest qualifying market rate or 10% over the actuarial rate, whichever is higher.
The rate increase is almost totally a result of the increased cost of reinsurance for Citizens’ increased number of policies this hurricane season. The best way to reduce the burden of this and future Citizens rate increases is the Insure Louisiana Incentive Program, which is awaiting funding from the legislature.
“There’s no sugarcoating it — this increase is extremely painful but required by law to make sure Citizens can handle a potential future disaster for its many policyholders,” said Commissioner Jim Donelon. “My staff and I are working with the legislature to attract more insurers to the state through the use of a program that was highly effective following hurricanes Katrina and Rita, which will give Citizens policyholders, and all Louisianans, more and cheaper insurance options in the private market.”
Citizens policyholders should be aware of the following:
- The rate increase will not affect your policy until renewal. For example, if you get a Citizens policy on November 1, 2022, your premium will be unaffected through October 31, 2023.
- Citizens policyholders should contact multiple independent insurance agents at least monthly to request quotes from private insurers.
- The LDI expects the number of insurers writing policies to increase in the coming months. Citizens will refund your unearned premium if you find a policy with another insurer before the end of your Citizens policy term.
MORE ON THE LOUISIANA DEPARTMENT OF INSURANCE
WEATHER - National Weather Service: No Advisories
Here is an update from our partners at the New Orleans and Baton Rouge NWS.
- Sunny and warmer today with highs in the upper 70's to lower 80's.
- No advisories, watches or warnings
ELECTIONS - PAR Guide to Constitutional Amendments
Nonpartisan educational review to help people understand the issues and the proposed changes on the ballots.