Texas / South Central News

Study Shows Impact of Property Protections on Texas Windstorm Insurer Rates

A report prepared by Willis Towers Watson showing the potential impact of increased coastal building standards on premium rates for Texas’ property insurer of last resort for coastal counties is now available for public review. The report finds that if …

Advocates Hope Texas Will Ease Medical Marijuana Restrictions

Five years after Texas legalized medical marijuana for people with debilitating illnesses, advocates and industry experts say the state’s strict rules, red tape and burdensome barriers to entry have left the program largely inaccessible to those it was intended to …

Bailey Appointed General Counsel at Oklahoma Insurance Department

Kim Bailey has been named general counsel for the Oklahoma Insurance Department (OID), effective Jan. 19, 2021. Bailey currently serves as general counsel and chief operating officer at the Oklahoma State Department of Health (OSDH). She previously served as general …

Craig to Lead Skyward Specialty’s New Healthcare Professional Liability Unit

Houston-based specialty property/casualty insurance holding company, Skyward Specialty Insurance Group Inc., has named professional liability insurance executive Brenda Craig as senior vice president and leader of the company’s new Healthcare Professional Liability business. Craig brings more than 20 years of …

Global Risk Solutions Acquires Texas Energy Loss Specialist, R Winkler & Co.

Claims adjusting and environmental risk management solutions provider, Global Risk Solutions Inc., has acquired specialist energy sector adjusting and consultancy firm R Winkler & Co., based in Sugar Land, Texas. Terms of the acquisition were not disclosed. Led by founder …

Hurricane Delta Disaster Declaration in Louisiana Expanded

Two Louisiana parishes have been added to the federal disaster declaration for Hurricane Delta. Survivors in Allen and Iberia parishes are now eligible for federal disaster assistance for uninsured and underinsured damage and losses resulting from Hurricane Delta. To be …

National Lloyds in Texas Rebrands as National Summit Insurance

Dallas-based National Lloyds Insurance Co. (National Lloyds), a subsidiary of ReAlign Insurance Holdings Inc. (ReAlign), has rebranded as National Summit Insurance Co. (National Summit). The rebranding follows the completion of all regulatory approvals leading to the conversion of National Lloyds …

Top South Central Region Insurance M&As of 2020

The top M&A story of 2020 was more a global than national story but it captured more readers in every geographic location than any other. Since it was first announced in March, the proposed Aon-Willis merger remained the leading merger …

Lockton Dunning Benefits Adds 3 Key Executives in Houston

Lockton Companies’ Lockton Dunning Benefits has hired Jason Mahler, Travis Brashear and Don Harrison, expanding its growing presence in the Houston market. All three executives will work closely with the firm’s clients across the nation to develop data-driven employee benefits …

Oklahoma Fire Department Earns Highest ISO Protection Classification

The Norman Fire Department in Oklahoma has achieved the highest Public Protection Classification (PPC) rating from the Insurance Service Office (ISO), the insurance department reported. The ISO rates over 50,000 fire departments in the United States. Less than 1% of …

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