The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to, those …
Winter Storm Uri, Hurricane Ida and the fallouts from each storm dominated headlines in Insurance Journal’s South Central region in 2021. Readers were also interested in Texas’ crackdown of commercial vehicles, the Texas legislature’s passing of a commercial auto tort …
Benchmark Insurance Company, subsidiary of Trean Insurance Group Inc. and a writer of program business, has formed a new excess and surplus lines subsidiary, Benchmark Specialty Insurance Company, an Arkansas domestic surplus lines carrier. The new entity joins Benchmark Insurance …
Endo International Plc has agreed to pay $63 million to resolve claims by the state of Texas and local governments that the drugmaker helped fuel the U.S. opioid epidemic, the state’s attorney general said on Thursday. The deal announced by …
A magnitude 4.5 earthquake that rattled the Permian basin in Texas on Monday night is likely to add pressure on oil producers in the region to slow or stop underground wastewater injections that regulators believe may cause the tremors. The …
Louisiana Insurance Commissioner Jim Donelon has approved a 10.5% reduction in workers’ compensation rates for 2022. The decrease is set to take effect May 1, 2022. Louisiana has seen workers’ compensation rates decrease in eight of the last nine years, …
Relatives of a 14-year-old girl who died when an oil storage tank exploded in February have sued the company that operated the tank. The suit against Urban Oil & Gas Group and its insurer was filed in federal court in …
Exxon Mobil Corp. said on Monday its Baytown, Texas, refinery continued to operate at reduced rates following a fire on Dec. 23, and the unit involved remained shut down. The company has not yet determined the cause of the fire, …
Crews extinguished a large fire at a Houston-area refinery that broke out early Dec. 23, injuring four people. The fire started at about 1 a.m. at ExxonMobil’s refinery in Baytown, which is about 25 miles (40 kilometers) east of Houston. …
A congressional committee has launched an investigation into the promoter of the Astroworld music festival in Houston, in which 10 people were killed during a massive crowd surge and attendees were packed so tightly that many could not breathe or …
