Louisiana
Louisiana Unclaimed Property: More than $900 million unclaimed funds available for residents
Prize founder Gregory Kallenberg talks about Food Prize.
Prize founder Gregory Kallenberg talks about Food Prize.
The Louisiana State Treasurer’s Office currently holds over $900 million worth of unclaimed funds for current and former Louisiana residents.
Louisiana’s Department of Treasury set a record this year by returning $70.6 million worth in unclaimed property to over 160,000 Louisiana residents.
One in six Louisiana residents are said to have unclaimed property.
How to find out if you have unclaimed property in Louisiana:
Unclaimed property is comprised of abandoned financial assets, such as account balances, outstanding checks and other financial instruments, that are held at corporations, financial institutions, life insurance companies and other various institutions.
Unpaid life insurance benefits, forgotten bank accounts, uncashed payroll checks, stock dividends and utility deposit refunds are common types of unclaimed property. Real Estate and vehicles are not considered unclaimed property.
In Louisiana, the average amount of a check issued from unclaimed property is $900, however, some parishes have more unclaimed property than others. To receive a check for unclaimed property, a claim must be filed on the official Louisiana Unclaimed Property website.
The first step to claiming property is to search for the property on Louisiana’s Unclaimed Property website, by entering a name, or name of a business, then one will be able to see search results and find properties. Once the property is found, continue to file a claim and begin the claiming process.
In the claiming process, select the relationship to each property and then enter required personal information. After submitting the claim, the claims office will send an email with further instruction. After completing the necessary steps, one can track the claim’s progress online.
How does Louisiana treasury unclaimed money work?
When checks remain un-cashed, or accounts go dormant, and companies are unable to contact the owner, the funds are transferred to the Treasurer’s Office for safekeeping.
The Treasurer’s Office acts as the vault for the state, holding lost funds until they are claimed by either the original owners, heirs or legal representatives. The Treasurer’s Office holds these funds until they are claimed, no matter the amount of time that has passed.
Each year, businesses render millions of dollars in unclaimed cash, stocks, bonds, securities and insurance proceeds to the Department of Treasury. These unclaimed property funds may be lost through the course of business, typically caused by a bad address. The state’s Department of Treasury is legally required to preserve funds in safekeeping, despite how long it may take for the rightful owner to come forward.
The institution holding potential unclaimed property will initiate contact with the owner and establish activity through online login, written correspondence, withdrawal, deposit or update to personal information. If activity is not produced, the assets are reported to the state of the owner’s last know address.
Laws regarding unclaimed property began in the U.S. as a consumer protection program. Now, these laws have evolved to protect not only the property owners, but their heirs and estates as well.
Once the state is given custody of property, and it enters the unclaimed property program, efforts to reach the property’s rightful recipient begin via mailings, social media, advertisements and local media coverage. Individuals can claim their property for themselves, their businesses or as an heir.
In 2018, the Department of Treasury partnered with the Louisiana Department of Revenue in order to pass legislation that allows the departments’ agencies to share databases. This allowed the Department of Treasury to increase the number of checks issued by nearly 500% and decreased the administrative cost of issuing each check by 80%.
Louisiana
DOJ ends another desegregation consent decree in Louisiana
Donald Trump is leading the most openly pro-segregation administration in recent American history, and it advanced that agenda this week when it killed yet another school desegregation agreement with a Louisiana parish.
The Associated Press reported Thursday that the Trump administration got a George W. Bush-appointed judge to lift another decades-old anti-segregation consent decree in the Bayou State.
Per the AP:
A federal judge on Monday approved a joint motion from Louisiana and the U.S. Justice Department to dismiss a 1967 lawsuit in DeSoto Parish schools, a district of about 5,000 students in the state’s northwest. It’s the second such dismissal since the Justice Department began working to overturn desegregation cases it once championed. Louisiana Attorney General Liz Murrill thanked President Donald Trump and Attorney General Pam Bondi on Wednesday for ‘helping us to finally end some of these cases.’
The AP quoted Murrill saying, “DeSoto Parish has its school system back,” and that “for the last 10 years, there have been no disputes among the parties, yet the consent decree remained.”
Of course, the absence of disputes under a consent decree is not exactly proof that the consent decree is no longer needed. To borrow an analogy from the late Justice Ruth Bader Ginsburg in her dissent from Shelby County, to throw out a consent decree because there’s been no resegregation or discrimination “is like throwing away your umbrella in a rainstorm because you are not getting wet.”
This follows the administration in February removing language that banned federal contractors from operating segregated facilities, and its decision last spring to quash a different consent decree with Louisiana’s Plaquemines Parish.
Louisiana
Louisiana task force confronts future of Greek life, pushes new hazing safeguards
BATON ROUGE, La (Louisiana First) — The final meeting for the Caleb Wilson Hazing Prevention Task Force took place Thursday.
The committee, organized by the Louisiana Board of Regents, brought together lawmakers, university leaders, student advisors, and hazing prevention stakeholders to make sure no Louisiana family loses another student to hazing.
State representative Vanessa LaFleur, a leading voice on this task force, said, “We don’t want there to ever be another Max [Gruver], or another Caleb in the state of Louisiana.”
Her statement referenced two high-profile hazing deaths that reshaped the conversation around student organizations in the state. Members echoed the sentiment that this isn’t just an isolated issue; it’s a culture issue.
“There are things that shift culture, things that create culture,” said Winton Anderson. “And what we were doing today was not only dealing with the prevention piece as much as dealing with the accountability piece.”
Task force leaders said Thursday’s meeting was about closing gaps in oversight, enforcement, and advisor responsibility for all Louisiana schools.
“Today, what you saw is closing the gap of our attempt to close the gap on what we believe are going to be the next phase of policies to help us ensure that there’s accountability at every level,” said Anderson.
The policy reform is key, but leaders said education is the foundation.
“The key to this is education,” said LaFleur. “And I think we’ve put in the safeguards for that. Safeguards will be there when the legislation drops. We’ve got to show them why hazing does not create sisterhood, why hazing does not create. But what it does is it destroys.”
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Louisiana
Louisiana races to hire AI workers as majority of pilot projects fail
Demand for more Midwest data centers skyrockets
What are data centers and why are they needed?
Nearly all corporate artificial intelligence pilot projects fail to deliver measurable business value, according to new research — a finding that comes as Louisiana companies accelerate AI hiring faster than the data workforce needed to support it.
A national analysis by data consultancy DoubleTrack found that 95% of generative AI pilot projects fail to produce measurable profits, a rate that researchers attribute largely to weak data infrastructure rather than shortcomings in AI technology itself.
Despite that failure rate, Louisiana employers are hiring AI specialists far faster than data infrastructure workers. The study found Louisiana companies posted 151% more AI and machine-learning jobs than data infrastructure roles, ranking the state among the most imbalanced AI labor markets in the country.
According to the analysis, Louisiana employers advertised 548 AI-related positions compared with 218 data infrastructure jobs, meaning companies are hiring more than two AI specialists for every data engineer or platform specialist; the reverse of what experts recommend.
According to the study, industry consensus suggests that organizations should hire at least two data infrastructure professionals for every AI specialist to ensure that data is reliable, integrated, and usable. Without that foundation, AI systems often stall or are abandoned.
The consequences are already visible nationwide. Research cited in the report shows 42% of companies scrapped most of their AI initiatives in 2025, more than double the abandonment rate from the year before.
The findings carry particular significance for Louisiana as the state courts data centers, advanced manufacturing and digital infrastructure projects, including large-scale developments proposed in Caddo and Bossier parishes. While such projects promise billions in capital investment, they depend on robust data pipelines, power reliability and utility coordination — areas that require deep data infrastructure expertise.
Data centers, in particular, employ relatively few permanent workers but rely heavily on specialized data engineers to manage system redundancy, cybersecurity, data flow and integration with cloud and AI platforms. A shortage of those workers could limit the long-term impact of the projects Louisiana is working to attract.
The report also raises questions for workforce development and higher education. Louisiana universities have expanded AI-related coursework in recent years, but researchers say data engineering, database management and system integration skills are just as critical — and often in shorter supply.
Only 6% of enterprise AI leaders nationwide believe their data systems are ready to support AI projects, and 71% of AI teams spend more than a quarter of their time on basic data preparation and system integration rather than advanced analytics or model development, according to research cited in the study.
Those infrastructure gaps can have ripple effects beyond technology firms. Utilities, energy producers, health systems and logistics companies — all major pillars of Louisiana’s economy — increasingly rely on AI tools that require clean, connected data to function reliably.
DoubleTrack recommends companies adopt a 2-to-1 hiring ratio, with two data infrastructure hires for every AI specialist, to reduce failure rates.
“The businesses most at risk aren’t the ones moving slowly on AI,” said Andy Boettcher, the firm’s chief innovation officer. “They’re the ones who hired aggressively for AI roles without investing in data quality and infrastructure.”
As Louisiana pushes to position itself as a hub for data-driven industries, researchers say closing the gap between AI ambition and data readiness may determine whether those investments succeed — or quietly join the 95% that do not.
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