Through the end 2020 property/casualty insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from Hurricanes Laura, Delta and Zeta, the state insurance department reported. This data represents the first …
State Attorney General Mike Hunter is seeking more than $1.8 million from a company he says owes that state after failing to deliver four orders of personal protective equipment (PPE) ordered by the Oklahoma Department of Health. In a petition …
Texas Gov. Greg Abbott said he is pushing state lawmakers to protect individuals and companies that opened businesses during the pandemic against coronavirus-related lawsuits. While the governor did not provide specifics about what protections he wants businesses to have, he …
FEMA has approved more than $1 billion in federal disaster assistance, long-term disaster loans and flood insurance claims since Hurricanes Laura and Delta hit the state in 2020. Laura made landfall in Louisiana in late August 2020 and Delta in …
Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has appointed John Burkhart president of specialty lines with oversight of Executive and Professional Liability, Healthcare Professional Liability, Surety, E&S and the A&H businesses. Burkhart brings 28 years of experience and has …
A New Orleans, Louisiana, man has been sentenced to prison for conspiring to stage automobile accidents as part of a scheme to defraud insurance and trucking companies, federal officials say. U.S. Attorney Peter G. Strasser with the U.S. Attorney’s Office …
Springdale, Arkansas-based Tyson Foods, the nation’s largest meat supplier, said it will pay more than $200 million to settle a class-action suit that alleged price-fixing among chicken producers, saying the agreement is in the best interests of the company and …
Upland Capital Group (Upland), a Dallas-based specialty insurance business led by long-time insurance and investment executives has opened for business. Upland is funded through an equity investment of up to $200 million from Newlight Partners LP (Newlight), a growth equity …
Insurance brokerage firm, IMA Inc., has hired veteran underwriting professional Conrad Maier as vice president in the company’s Houston-based energy practice. Maier is the first dedicated producer in Houston, marking the next stage of IMA’s aggressive expansion plan in the …
Construction on the long disputed Keystone XL oil pipeline halted on Jan. 21 as incoming U.S. President Joe Biden revoked its permit on his first day in office. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of …
