Texas / South Central News

Texas Businesses Now Must Decide: Require Face Masks or Not

As small-business owners and managers across Texas went to work Wednesday morning, they faced yet another 2021 headache: deal with losing business from customers who don’t want to wear face masks during the pandemic or from patrons who will only …

Louisiana Oil Well Explosion Leaves 1 Person Dead

One person was killed when an oil well exploded in southwest Louisiana over the weekend, authorities said. Emergency crews were called to the scene of the explosion near Longville on Sunday evening, according to a statement from Beauregard Parish Fire …

For 3rd Time, Louisiana Reminds Insurers, Agents of Obligations After Catastrophes

Following complaints from property insurance policyholders, Louisiana’s top insurance regulator has issued a third bulletin reminding insurers of their obligations to policyholders as they work with consumers affected by the devastating 2020 hurricane season and impacted by February’s extreme winter …

Oklahoma Building Products Supplier Ordered to Reinstate Whistleblowers, Pay Damages

An Oklahoma City roofing and building products company has been ordered to reinstate two employees and pay more than $23,000 in back wages to each employee and $70,000 in punitive damages in a workplace safety whistleblower case. According to U.S. …

Hub Acquires Assets of Texas’ Wellspring Insurance Agency

Hub International Limited (Hub), a full-service global insurance broker based in Chicago, has acquired the assets of Wellspring Insurance Agency Inc., located in Argyle, Texas. Terms of the transaction were not disclosed. Wellspring Insurance Agency is an independent employee benefits …

North Texas Foam Recycling Plant Burns; 3 Workers Injured

Three workers were injured as a massive North Texas foam recycling plant fire burned all day on Feb. 25 and into the night. The fire at the Advanced Foam Recycling plant in the Fort Worth suburb of Richland Hills was …

Etheredge Named VP, Human Resources, at Hotchkiss Insurance in Texas

Texas-based independent agency, Hotchkiss Insurance, has promoted Heather Etheredge to vice president of human resources. Etheredge will serve on the executive leadership team with a focus on developing and implementing the agency’s strategic organizational plans. Her expanded responsibilities will include …

CRC Group Adds Griffin General Agency in Houston

CRC Group, a nationwide wholesale distributor of specialty insurance products, has hired the team and purchased the renewal rights for the business of Griffin General Agency Inc., a Houston-based managing general agency (MGA). Led by John Griffin, president, Griffin General …

Winter Storm Uri Losses in Texas Expected in $10B – $20B Range

It’s likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into the $10 billion to $20 billion range, according to catastrophe modelers and insurance industry market analysts. Losses from Uri may …

Texas Records $613.58M in Surplus Lines Premium in January

Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared with January 2020, according to the Surplus Lines Stamping Office of Texas (SLTX). Many lines of business increased over the …

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