May 13, 2021
A life insurance company based in Little Rock, Arkansas, will pay $90,000 to settle a retaliation discrimination lawsuit, federal officials say. According to the U.S. Equal Employment Opportunity Commission (EEOC), USAble Life (USAL), which also has a presence in Florida, …
May 13, 2021
Hurricane Zeta, which swept through southeast Louisiana at the tail end of the 2020 hurricane season, has been upgraded to a major, Category 3 storm at Louisiana landfall, according to a federal report released on May 11 that underscored the …
May 13, 2021
A bill recently passed out of the Texas House of Representatives Insurance Committee would secure the right of an auto insurance policyholder to challenge their insurance company’s appraisal of a loss if they don’t agree with it. House Bill 2534 …
May 13, 2021
Fort Worth, Texas-based independent insurance and financial services firm, Higginbotham, has partnered with Haik Insurance, an independent broker in Lafayette, Louisiana, to establish Higginbotham’s third office in Louisiana, With the transaction, Haik Insurance becomes a Higginbotham company. In addition to …
May 12, 2021
Home security camera footage shows that the owner of a Tesla got into the driver’s seat of the car shortly before a deadly crash in suburban Houston, according to a new government report. But the preliminary report on the crash …
May 12, 2021
SageSure, a managing general underwriter and insurtech specializing in catastrophe-prone property markets, and SureChoice Underwriters Reciprocal Exchange (SURE), have partnered to expand insurance capacity for homeowners in coastal Texas. SURE is a new reciprocal exchange rated A, Exceptional, by Demotech …
May 12, 2021
A Louisiana insurance agent was arrested on May 10, following an investigation by Louisiana State Police into allegations of insurance fraud. The Louisiana Department of Insurance had revoked the property/casualty producer license of Matthew Sias in September 2020, for allegedly …
May 11, 2021
The Surplus Lines Stamping Office of Texas (SLTX) says recorded $747.99 million in surplus lines premium in April, an amount representing a 0.8% increase over April 2020. Cumulatively, this represents a total of $2.75 billion in premium year-to-date, a 14.2% …
May 11, 2021
The Texas House of Representatives recently advance two pieces of legislation that address claims arising out of vehicle accidents. House Bill 359 The Texas House May 7 passed House Bill 359, which addresses delaying tactics practiced by insurers in claims …
May 11, 2021
Texas saw a spike in the number of traffic crash fatalities of people not wearing a seat belt last year, state transportation authorities say. The Texas Department of Transportation (TxDOT) said in 2020 there was a 16% increase in deaths …