Texas / South Central News

Texas, Oklahoma Hailstorms Likely Caused $3.5B in Damage: Accuweather

Violent spring storms packing high winds and large hailstones in Texas and Oklahoma on April 28 likely caused $3.5 billion in damage, according to Accuweather.com. Additionally, the National Weather Service confirmed an EF-1 Tornado was included within a wide swath …

Lawsuit Over U.S. Wage Rule Focused on Louisiana Crawfish Processors

Federal regulators are using an illegally adopted rule and unreliable research in allowing Louisiana crawfish processors to hire foreign workers at “depressed and stagnated wages” — wages that also hold down the rates of pay available to U.S. citizens doing …

Texas Insured Who Paid Part of Settlement May Seek Recovery from Carrier

A woman who chipped in $100,000 toward a settlement after a car crash can sue her insurer to seek recovery of that cost, but cannot seek damages in excess of the policy limits for negligent failure to settle because there …

Louisiana 2020 Hurricane Insured Claim Costs Still Rising

Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department. The Louisiana Department of Insurance reported that insurance companies now …

Texas House Passes Bill That Would Expand State’s Medical Cannabis Program

The Texas House gave approval on April 28 to a bill that would expand the state’s medical cannabis program to include those with chronic pain, all cancer patients and Texans suffering from PTSD. House Bill 1535, by Rep. Stephanie Klick, …

Texas Q1 Surplus Lines Premium Up 20% Over 2020, Stamping Office Says

The Surplus Lines Stamping Office of Texas (SLTX) reported that the state has seen record-breaking premiums in the first quarter of 2021, with a total of $2 billion in premium representing a 20.1% increase over the same period in 2020. …

Branch Insurance Expands Home, Auto Coverage to Colorado, Oklahoma

Columbus, Ohio-based Branch Insurance is now offering its home and auto insurance coverage in Colorado and Oklahoma. The company, which specializes in bundled home and auto coverage using technology and automation, said this expansion is its third state launch of …

Houston’s Skyward Specialty Launches Healthcare Professional Liability Group

Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has launched its Healthcare Professional Liability practice led by Brenda Craig, April Gilcreast and Chantelle Burton. Underwriting will focus on out-patient medical services centers such as dialysis centers, labs, and physical therapy …

Louisiana Refineries to Pay $5.5M for Lake Charles-Area Contamination

Nine oil refineries and chemical companies in the Lake Charles area have agreed to pay the federal government $5.5 million for their contamination of parts of the northern Calcasieu River estuary. The settlement was announced by the U.S. Justice Department, …

Texas Bill Would Require Disclosure on ‘Occupational Insurance’ Policies

Texas legislation requiring an occupational insurance policy to include a specified disclosure statement clarifying the policy is not a workers’ compensation policy has passed the state House of Representatives. House Bill 3769 by Rep. John Smithee, District 86, “amends the …

Texas / South Central News Archives by Month