Texas / South Central News

Houston Deputy Dies After Being Hit by Truck While Helping During Accident

HOUSTON (AP) โ€” A deputy who was a 20-year-veteran of a Houston-area sheriff’s office died Tuesday after being hit by a truck while trying to help a driver following a minor crash, according to officials. John Coddou had pulled over …

SageSure and SURE Close $130 Million Gateway Re 2024-2 Catastrophe Bond

SageSure, a managing general underwriter focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned reciprocal exchange, announced the close of the Gateway Re 2024-2 second and subsequent event catastrophe bond at $130 million, with pricing 75 basis …

People Moves: BHSI Names Humble as Head of Customer & Broker Engagement for South Central

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Hart Humble to the newly created role of Head of Customer & Broker Engagement (C&BE) for the South Central U.S. Humble has spent more than 30 years in the …

AM Best Downgrades Credit Rating of Texas Farm Bureau Insurance Group

AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) of Farm Bureau County Mutual Insurance Company of Texas and Texas …

Oklahoma Bus Driver Crashes Into Building After Being Punched by Passenger

OKLAHOMA CITY (AP) โ€” A man was arrested after being accused of punching an Oklahoma City bus driver and causing the bus to crash into a building. Oklahoma City police reported only minor injuries stemming from the Saturday wreck. Authorities …

Republicans Weigh Rolling Back Anti-ESG Law They Passed

Lawmakers in Oklahoma are having second thoughts about anti-ESG legislation that limits which Wall Street banks local governments can do business with. A Republican-introduced bill that would narrow the scope of a state law that blacklisted financial firms for their …

Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022

Three investment firms connected to some of the best-known names on Wall Street have upped the ante in a legal dispute over now-insolvent Lighthouse Property Insurance Corp., based in Tampa. Fortinbras Enterprises, the managing partner of which is the well-known …

Tiny Texas City Repels Russia-Tied Hackers Eyeing Water System

When Mike Cypert got the call that utilities in remote Texas communities were being hacked, he raced across his office to unplug the computer that ran his city’s water system. Hale Center is a dusty, cotton-growing burg of 2,000 about …

Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing

When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months โ€” and tens of thousands of ordinary people were hired to …

Travis Scott’s Attorneys Argue for Dismissal of Astroworld Lawsuits

HOUSTON (AP) โ€” Attorneys for rap star Travis Scott argued in court this week that he should be dismissed from hundreds of lawsuits filed over the deadly 2021 Astroworld festival, saying he was not responsible for safety planning and watching …

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