Texas / South Central News

Oklahoma Insurers to be Assessed $150 to Fund Market Assistance Program

All Property & Casualty insurers in Oklahoma will face a $150 assessment to fund the Oklahoma Market Assistance Program (OK-MAP) Plan of Operation, the Oklahoma Insurance Department announced this week. The OK-MAP Plan of Operation and the Oklahoma Insurance Code …

People Moves: Specialty Comp Insurance Solutions Promotes Math to President; Polak Retiring as TWIA GM

Specialty Comp Insurance Solutions Promotes Steve Math to President & CEO Specialty Comp Insurance Solutions (SCIS), a division of Specialty Program Group, LLC (SPG), promoted Steve Math, FCAS, to president and chief executive officer of SCIS, reporting to Chris Treanor, …

Louisiana Houses Passes Bill Broadening Loss of Use Coverage Scenarios

The Louisiana House passed a bill Monday that would broaden the requirements of when insurers have to pay loss of use coverage in response to a storm evacuation warning. House Bill 83 says any loss of use coverage would be …

Louisiana Highway Crash Knocks Out Power to 2,000

Authorities say a man is dead after his truck crashed into a utility pole on a Louisiana highway. Louisiana State Police say the single-vehicle wreck Friday night shut down a stretch of state Highway 73 in Ascension Parish and knocked …

Oklahoma Insurance Department Plans Captive & IBT Conference

The Oklahoma Insurance Department (OID) announced it will host the inaugural Captive & Insurance Business Transfer (IBT) Conference in Oklahoma City on August 24-25. The conference is designed for risk managers, business owners, regulators, financial executives and insurance professionals, the …

Drinkable Sunscreen Company Ordered to Pay Texas $42,000

Texas Attorney General Ken Paxton obtained an agreed judgment against DRINK UVO, a California company that sold a drinkable sunscreen product that was promoted as providing hours of sun protection which misled consumers with false and grossly exaggerated claims. The …

TWIA Committee to Meet April 27 to Plan Report to Legislature

The Texas Windstorm Insurance Association (TWIA) Board’s Legislative & External Affairs Committee will meet on April 27 at 10:00 a.m. CT. At this meeting, the Committee will begin planning the Association’s Biennial Report to the Texas Legislature. The agenda for …

Texas Division of Workers’ Comp Seeks Comments on Income Benefits Form

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is accepting public comments on a proposed new form: DWC Form-033, Request to Reduce Income Benefits Due to Contribution. Adopting this form is necessary to allow insurance carriers a way …

2 More Sentenced in Operation Sideswipe

United States Attorney Duane A. Evans announced that Chandrika Brown, age 31, and Aisha Thompson, age 44, both of New Orleans, Louisiana, were sentenced for Conspiracy to Commit Mail Fraud, in violation of Title 18, United States Code, Section 371, …

FEMA Invites Public to Comment on Johnson County, Texas Flood Maps

Preliminary flood risk information and updated Flood Insurance Rate Maps are available for review in Johnson County, Texas, FEMA announced this week. Residents and business owners are encouraged to review the latest information to learn about local flood risks and …

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