The coronavirus pandemic has created a nearly $1 billion deficit in the Texas state budget as the nation’s energy hub remains hampered by a slow recovery and a half-million fewer jobs than a year ago. The forecast by state officials …
In its recently published report to the legislature, the windstorm insurer of last resort for properties along the Texas coast has proposed several operational changes, including one that would allow it to develop requirements and standards for agents. The Texas …
A tornado swept through a portion of a city in suburban Houston, displacing about 500 people from a damaged apartment complex, officials said on Jan. 7. A strong storm swept through Texas City around 6 p.m. on Jan. 6, causing …
McGriff has promoted Patrick Dessauer to regional insurance president for McGriff’s West Region. He will be based in McGriff’s Houston office. Dessauer replaces Doug Hodo who has announced his retirement. Dessauer, a 30-plus year veteran of the insurance brokerage industry, …
An Oklahoma judge has extended a temporary restraining order allowing bars and restaurants across Oklahoma to stay open past an 11 p.m. curfew issued in November by Gov. Kevin Stitt in an effort to slow the spread of the coronavirus. …
Texas regulators have denied a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast. The Texas Department of Insurance (TDI) has rejected the Texas Windstorm Insurance …
One Lake Charles, La., woman credits the power of social media in getting one step closer to having her hurricane-damaged home repaired after weeks of roadblocks with her insurance claim. Tara Parks recently posted several videos on the social media …
A subdued Carnival season began Wednesday after the coronavirus pandemic put an end to the crowd-heavy balls and street parades that draw thousands of people to the city every year. The Mardi Gras season always starts on Jan. 6 and …
Deer Park, Texas, residents sheltered in place. The Houston Ship Channel shut down. Toxic chemicals spilled during Hurricane Harvey. And just last month, seven people were injured in a Corpus Christi fire. These are the incidents that some Texas lawmakers …
Two Oklahoma lobbyists have agreed to pay $115,000 in penalties as part of a settlement announced by the Oklahoma Ethics Commission. The settlements by the commission were reached with lobbyists James Milner and James McSpadden, who both served as treasurers …
