Texas / South Central News

PCF Insurance Acquires Georgia, Texas Brokerages

PCF Insurance Services, an insurance brokerage operating in 40 states, has acquired All Star Insurance in Venus, Texas, and Encore Advisors, based in Norcross, Georgia. Utah-based PCF said in a news release this week that the moves mark an ongoing …

‘Car Wreck Clyde’ Attorney in Texas Charged with Skimming $2.4M from Settlements

A Houston plaintiffs’ attorney known as “Car Wreck Clyde” is awaiting court proceedings after being charged with skimming as much as $2.4 million in client settlement proceeds over the past decade, federal prosecutors said. Clyde J. Moore, 62, and his …

Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire

The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that hadn’t been effectively maintained or replaced, according to a state legislative committee report. The pole identified as the cause of …

Southeast Seas Rising Faster than Other Regions, ‘Turbocharging’ Floods, Report Finds

From the Rio Grande to the Outer Banks, sea levels are rising faster than most other parts of the world, blocking the outflow of rivers and streams and causing inland flooding that would not have been seen just a few …

Louisiana Lawmakers Repeal ‘Three-Year Rule’ that Barred Policy Cancellations

Property insurers in storm-swept Louisiana could soon gain much more flexibility over policy cancellations if the governor signs House Bill 611 into law, as expected. The state House of Representatives this week approved the bill by a vote of 82 …

Tornadoes Damaged 7,200 Residential Properties, Left $2B in Reconstruction Costs

The tornadoes that ripped through parts of Nebraska, Iowa and Oklahoma late last week damaged some 7,200 homes, leaving a reconstruction tab of $2.1 billion, according to CoreLogic, the data analytics firm. Some 127 tornadoes spun out of a severe …

Oklahoma Insurance Commissioner Provides Resources for Storm Victims

Oklahoma Insurance Commissioner Glen Mulready notified residents of where to seek help and report damage in response to severe storms that killed four and left more than 20,000 people without power. “Our hearts go out to the communities impacted by …

Tornadoes Kill 4 in Oklahoma, Leaving Trail of Destruction

SULPHUR, Okla. (AP) — Tornadoes killed four people in Oklahoma, including an infant, and left thousands without power Sunday after a destructive outbreak of severe weather flattened buildings in the heart of one rural town and injured at least 100 …

People Moves: Smith Joins Alliant as Specialty Lending Practice EVP; Braniff, Jr. Named EVP, Alliant Americas

Smith Joins Alliant Insurance Services as Specialty Lending Practice EVP Alliant Insurance Services, headquartered in Irvine, California, named Michael R. Smith as executive vice president, Alliant Specialty, in the firm’s Financial Institutions industry vertical. Smith is based in Dallas. Smith …

Parts of US Gulf Coast Face Possible Tornadoes: Weather Watch

States across the US Gulf Coast are bracing for possible tornadoes as certain parts of the region face a marginal risk of severe thunderstorms, according to the US Storm Prediction Center. Severe thunderstorm warnings and watches have been posted for …

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