December 7, 2020
Seven contractors were injured, four critically, when a storage tank at a petroleum facility in Texas exploded after catching fire on Dec. 5, according to fire officials. The fire began about 10 a.m. near a crude oil storage tank in …
December 4, 2020
A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas Erin Nealy Cox. …
December 4, 2020
CRC Group, a nationwide wholesale distributor of specialty insurance products, has agreed to acquire the assets of Continental Underwriters. Headquartered in Covington, La., Continental provides primary marine, excess marine liabilities, ocean cargo and inland marine insurance. Led by CEO H. …
December 4, 2020
Farmers in 21 north and central Louisiana parishes may qualify for low-interest loans to cover losses from Hurricane Laura in August. These are parishes which did not already qualify under President Donald Trump’s disaster declaration in August. The U.S. Department …
December 4, 2020
At long last, the 2020 Atlantic hurricane season has officially ended. The grim statistical tally highlights a dramatic year, the most active in recorded history. This year saw 30 named storms and 13 hurricanes, of which 6 were major hurricanes …
December 3, 2020
A study showing rates for Texas’ insurer of last resort for communities along the Texas coast are inadequate by 26% for residential policies and 44% for commercial properties has been forwarded to the board of the Texas Windstorm Insurance Association …
December 3, 2020
The Texas Department of Insurance (TDI) has issued a reminder to insurance companies, agents, and marketers of discount healthcare programs that materially misrepresenting the terms and conditions of an insurance policy or contract is grounds for disciplinary action. Examples of …
December 3, 2020
Wisconsin-based Sentry Insurance (Sentry) has gained approval from the Oklahoma Insurance Department to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County. This is the second IBT approved by an insurance commissioner in the United …
December 2, 2020
Port officials have begun clearing a shipping channel in Louisiana after sediments pushed into the waterway by hurricanes made the water too shallow for some vessels to pass safely. The work on Port Fourchon’s Belle Pass in Lafourche Parish began …
December 2, 2020
A Central Texas county has closed its bars after area hospitalizations for COVID-19 exceeded a state mandated limit. Meanwhile in Houston, officials say they are having problems with some bars that have been allowed to reopen as restaurants but are …