September 24, 2021
Louisiana’s oyster farmers, crabbers, shrimpers and anglers are nothing if not adaptable, producing millions of pounds of seafood annually, often in water that was dry land a generation ago. They’ve fought off a devastating oil spill, floods, changing markets and …
September 24, 2021
A recently released report from the state’s insurance department shows more claims and higher average claim costs resulting from the severe and prolonged winter storm that enveloped Texas in mid-February than were previously reported. In the report released Sept. 1, …
September 23, 2021
Federal workplace safety officials cited a Fort Worth, Texas-based masonry company for continuing to put its workers at risk for falls and fined the firm more than $216,000. OSHA said a March 2021 inspection revealed RM Masonry and Stucco Inc. …
September 23, 2021
A lawsuit alleges that Louisiana’s largest electric utility used a “bubble gum and super glue” approach to maintenance and construction that left customers sweltering in the dark without adequate sewage treatment after Hurricane Ida. The suit was filed against Entergy …
September 23, 2021
Biggs Joins Oklahoma Workers’ Comp Commission The Oklahoma Workers’ Compensation Commission (WCC) added Scott Biggs as its newest commissioner. The WCC and its three commissioners are tasked with carrying out the adjudicative, administrative, and regulatory functions of the Administrative Workers’ …
September 22, 2021
The Oklahoma Insurance Department approved a 9.4% decrease in workers’ compensation insurance loss costs for 2022, a reduction that will lead to lower premiums for many Oklahoma businesses, the department said. Loss costs are the average cost of lost wages …
September 22, 2021
Catastrophe risk modeling firm Karen Clark & Co. estimates that the insured loss from Hurricane Nicholas will come in at around $950 million. KCC said its estimate is based on its high-resolution KCC US Hurricane Reference Model and includes the …
September 22, 2021
About 13,000 homes in Louisiana’s Terrebonne and Lafourche parishes were destroyed by Hurricane Ida and displaced parish residents have been sleeping in tents and “using the rubble to build their own sort of makeshift structure,” Speaker Pro Tempore Tanner Magee …
September 21, 2021
Arthur J. Gallagher & Co. acquired Bastrop, La.-based Files Agribusiness LLC, retail insurance agency specializing in federal crop insurance, agribusiness property/casualty and agricultural aviation coverages. Terms of the transaction were not disclosed. Founded in 2010, Files Agribusiness provides insurance coverages …
September 21, 2021
GlobalPro, a multidisciplinary insurance services firm that helps clients manage the risks to a financial recovery following a loss caused by wind, water, fire, theft or another calamity, opened an office in Dallas. The company is headquartered in Miami, Florida, …