November 4, 2022
SageSure announced the introduction of a new admitted, proprietary residential flood program initially available in Texas. SageSure will distribute flood insurance through its network of contracted producers while also handling all servicing and claims. The company said the program will …
November 4, 2022
The Bureau of Ocean Energy Management (BOEM) announced this week it has finalized two Wind Energy Areas (WEAs) in the Gulf of Mexico, with the potential to produce enough clean wind energy to power nearly 3 million homes. The first …
November 4, 2022
The derailment of six train cars and a subsequent acid leak prompted road closures and evacuations Wednesday in a Louisiana community, officials said. No injuries were reported in the derailment in the community of Paulina in St. James Parish, about …
November 3, 2022
Specialty Program Group, an operator of specialty insurance brokerages and underwriting facilities, announced the acquisition of the assets of Catapult Insurance Solutions. Based in Carrollton, Texas, Catapult is a privately held managing general insurance agency and wholesale brokerage for niche …
November 3, 2022
FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial bias, $366 million awarded to a Black former saleswoman who claimed the company fired her after she complained about discrimination. …
November 2, 2022
U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its liquefied natural gas (LNG) export plant in Texas, the second-largest U.S. LNG export plant, as soon as possible to allow sufficient time for …
November 2, 2022
Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Cedar Park, Texas-based Tejas American General Agency, LLC (TAGA). Terms of the transaction were not disclosed. Founded …
November 2, 2022
Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced the acquisition of Focus Insurance, a leading personal insurance brokerage firm based in Houston, Texas. Terms of the acquisition were not disclosed. Founded in 2001, Focus Insurance specializes in customized personal …
November 2, 2022
FARMERSVILLE, Texas (AP) β A valve leak and a spark of unknown origin combined to cause a North Texas natural gas pipeline explosion last year that killed two workers and injured two others, federal investigators said. A report by the …
November 1, 2022
BROKEN ARROW, Okla. (AP) β An Oklahoma couple considered “primary suspects” in last week’s killings of their six children faced growing financial pressures and the husband experienced recurring pain from a workplace head injury, according to family members. Eight people …