July 8, 2021
A federal judge has ruled that the U.S. Air Force is mostly responsible for a former serviceman killing more than two dozen people at a Texas church in 2017 because it failed to submit his criminal history into a database, …
July 8, 2021
Texas recorded $947.48 million in surplus lines premium, representing a 24.5% increase in premiums over June 2020, the Surplus Lines Stamping Office of Texas (SLTX) reported. SLTX has recorded $4.58 billion in premiums year-to-date, which represents a 16.2% increase in …
July 8, 2021
HUB International Ltd. has acquired the operating subsidiaries of TCG Group Holdings LLP, doing business as Trusted Capital Group. Terms of the transaction were not disclosed. John Pesce, CEO of TCG, Jeff Montgomery, president, Scott Hauptmann, chief operating officer, Chris …
July 7, 2021
The Texas Water Development Board on Wednesday approved $41.5 million for water, wastewater, and flood projects. Following is a breakdown of that financial assistance: $35 million to the Green Valley Special Utility District (Guadalupe County) for wastewater system improvements $5 …
July 7, 2021
CITGO Petroleum Corp. has agreed to pay $19.7 million to restore natural resources damaged during a 2006 spill at its southwest Louisiana refinery that saw millions of gallons of waste oil and wastewater sent into the Calcasieu River estuary. The …
July 6, 2021
The Texas Windstorm Insurance Association has posted its 2021 Rate Adequacy Analysis for public review. The analysis indicates that TWIA’s current rates are inadequate by 39% for residential coverage and 46% for commercial coverage. TWIA’s analysis consists of several PDF …
July 6, 2021
An appeals court has refused to revive a lawsuit in the death of a man who shouted “Kill me” while endangering the life of a Louisiana sheriff’s lieutenant in 2016. The 5th U.S. Circuit Court of Appeals ruled last week …
July 6, 2021
Louisiana Insurance Commissioner Jim Donelon has ordered GeoVera Specialty Insurance Co. to stop non-renewing Louisiana homeowners policies in violation of state law. In a cease and desist order issued last week, Donelon told the California surplus lines company that it …
July 2, 2021
The Texas Department of Insurance issued a notice this week of the availability of a new option to take a certification exam at your home or at an office online for most major insurance agent lines. An off-site monitor will …
July 2, 2021
Numerous measures relating to the Texas Windstorm Insurance Association were filed in the Texas Legislature in 2021 and four made it to Gov. Greg Abbott’s desk. One, House Bill 769, has only two provisions. Authored by Rep. Mayes Middleton and …