December 23, 2020
The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2 million in a wrongful death lawsuit filed by the family of Mark Braswell, who died on May 16, 2014 when …
December 23, 2020
The Surplus Lines Stamping Office of Texas (SLTX) is reminding wholesale agents and brokers that the stamping fee for recording surplus lines insurance policies in Texas will be lower beginning on Jan. 1, 2021. The stamping fee will drop from …
December 22, 2020
Reported insured losses from Hurricanes Laura and Delta collectively have topped more than $5 billion as of Nov. 20, the state insurance department said. More than 236,938 claims had been reported as of Nov. 20 for the two hurricanes that …
December 22, 2020
The Louisiana Supreme Court on Dec. 21 sent a legal feud between Gov. John Bel Edwards and House Republicans over coronavirus restrictions back to district court, saying the judge ruled too quickly that the state law the GOP used to …
December 22, 2020
A fully loaded tanker on the Mississippi River near Reserve, La., caused $40.5 million in damage when it plowed into moored vessels, barges and infrastructure along the river in May 2019, federal transportation safety officials say. The National Transportation Safety …
December 22, 2020
Federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms from Oct. 26-29, 2020, according to FEMA. Federal funding also is available …
December 22, 2020
The number of work-related fatalities in Texas rose by 25% in 2019. A report on fatal occupational injuries in 2019 released by the Texas Department of Insurance, Division of Workers’ Compensation (DWC) shows there were 608 workplace fatalities in private …
December 21, 2020
Recent Bureau of Labor Statistics (BLS) data show the incidence rate of work-related injuries and illnesses among Louisiana’s private sector employers was 1.7 incidents per 100 full-time equivalent (FTE) workers in 2019, compared with a reported 1.8 in 2018, according …
December 21, 2020
Oklahoma bars and restaurants have effectively won a temporary reprieve from a curfew that has been forcing them to close early since November to minimize the spread of the coronavirus. A state judge sided with a group of bar owners …
December 21, 2020
Texas surplus lines premium recorded by the Surplus Lines Stamping Office of Texas (SLTX) rose to $587.46 million in November. The recorded premium year to date as of November is 12.3% higher than that of the same period in 2019, …