Texas / South Central News

Major Disaster Declaration Approved for Louisiana

The Trump Administration has approved a major disaster declaration for Louisiana, making federal assistance available to supplement state and local recovery efforts after Hurricane Delta. President Donald Trump’s action makes federal funding available to affected individuals in Acadia, Calcasieu, Cameron, …

Houston Arson Investigator, Arson Suspect Fatally Shot

An arson investigator and an arson suspect were killed during a shootout early Friday in Houston after the investigator pursued the suspect, city police and fire officials said. Investigator Lemuel Bruce, 44, died at a hospital where he was taken …

Texas Windstorm Insurer: Check, Money Order Payment Process Changes Start Oct. 21

The Texas Windstorm Insurance Association (TWIA) has reminded agents that it will be enhancing its current payment processes and adding new online payment options for policyholders. This web post is about changes to how and where to mail checks and …

Commissioner: Oklahoma Completes First Insurance Business Transfer in U.S.

The District Court of Oklahoma County has approved Providence Washington Insurance Company (PWIC) to complete its Insurance Business Transfer (IBT) Plan, making it the first such transfer in the United States, according to Oklahoma Insurance Commissioner Glen Mulready. The Oklahoma …

Louisianans Warned of Contractor Fraud Following Dual Hurricanes

Louisiana Insurance Commissioner Jim Donelon and State Representative Jonathan Goudeau are warning residents affected by Hurricanes Laura and Delta that both the Louisiana Department of Insurance and Rep. Goudeau’s office have received complaints of contractors working in hard-hit areas requesting …

Risk Theory Launches Downstream Energy Insurance Program for Contractors

Dallas-based specialty lines insurance manager, Risk Theory LLC, has launched of a new specialty underwriting unit, Carbon Underwriters, for downstream energy contractors. Carbon Underwriters’ multi-line insurance offering, led by niche Vice President Jonathan Doke, is essential for downstream energy contractors …

Catastrophe Risk Experts Estimate Up to $3B in U.S. Insured Losses from Delta

Two catastrophe risk and property data providers have estimated U.S. onshore insured losses from Hurricane Delta will come in at between $0.7 billion and $3 billion. Global property information, analytics and data provider CoreLogic reported that insured wind losses for …

Dillard’s to Pay $900K to Resolve Federal Race Discrimination Lawsuit

Little Rock, Ark-based department store chain Dillard’s Inc. will pay $900,000, revise its job posting process, and furnish other relief to settle a federal lawsuit charging the company with failure to promote African American employees based on race. The lawsuit …

Future Unsure for Many After Louisiana’s Back-to-Back Hurricanes

Michele Vincent’s home was largely intact in spite of hurricanes Laura and Delta. But tears streamed down her face as she looked at her church’s broken windows and shattered pews. “It’s hard to come back and see it again and …

IMA Selects Bryan to Lead Energy Group in New Houston Office

Insurance brokerage IMA Inc. has opened its Houston office and appointed Ricky Bryan as executive vice president, director of Houston Energy. Bryan joins IMA after 15 years in leadership roles at Marsh JLT Specialty as senior vice president and as …

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