Texas / South Central News

Appalachian Underwriters Opens New Office in Texas

Appalachian Underwriters Inc. (AUI) has opened a new satellite office in Richardson, Texas, and hired Terry Holley as regional manager. Holley comes to AUI with over 25 years in the insurance industry, with former roles including senior vice president, and …

Oklahoma Insurance Commissioner OKs Workers’ Comp Premium Rate Drop

A 9.6 percent decrease in Oklahoma workers’ compensation insurance loss costs for 2021 has been approved by the state’s insurance commissioner. According to Commissioner Glen Mulready and the Oklahoma Insurance Department, this will mark the 10th year in a row …

Relation Insurance Acquires Assets of Oklahoma’s Lucht Insurance Group

Relation Insurance Services (Relation), a privately owned insurance brokerage that offers property/casualty, risk management, employee benefits, and TPA-consulting services through its family of brands across the United States, has acquired the assets of Muskogee, Oklahoma-based Lucht Insurance Group (Lucht). Terms …

City in Texas Hit with $1M Suit from Black Man Who Police Led by Rope

A Black man who was led by a rope by two white officers on horseback has sued a southeast Texas city and its police department for $1 million, saying he suffered humiliation and fear during his arrest. A lawsuit filed …

Karen Clark & Co. Estimates $950M Insured Loss in U.S. from Delta

The catastrophe risk modeling firm Karen Clark & Co. (KCC) has estimated that the insured loss to onshore properties from Hurricane Delta will be close to $1.25 billion, which includes $950 million wind and storm surge losses in the U.S. …

Oklahoma High Court OK’s US Chamber’s Support of $465M Opioid Judgment Appeal

The U.S. Chamber of Commerce can support Johnson & Johnson’s bid to overturn a $465 million judgement against the opioid manufacturer, the Oklahoma Supreme Court has ruled. The court allowed the Chamber along with more than half a dozen pro-business …

State Takes over Houston’s Hurricane Harvey Home Repair Program

All Houston, Texas, resident Alice Torres has wanted in the three years since Hurricane Harvey hit was to repair her family’s flood-damaged home so her 85-year-old mother can feel safe and settled again. But when her mother, Dolores Torres, died …

AccuRisk’s Share of Texas Non-Subscriber Market to Grow with Acquisition

Chicago-based managing general underwriter, AccuRisk Solutions LLC, is set to acquire the renewal rights to Great American Insurance Group’s book of Texas occupational illness and injury non-subscription business. The parties have come to a mutual agreement of terms and AccuRisk …

Returning After Hurricane Delta, Louisiana Evacuees Face Power Outages, Extreme Heat

10/11/2020 06:21 PM— Storm-weary coastal Louisiana residents who fled from the path of Hurricane Delta in recent days streamed back to their homes on Sunday to face cleanup and repairs from the second hurricane to batter their state over the …

BXS Insurance Acquires Alexander & Sanders Insurance in Louisiana

BXS Insurance Inc., a subsidiary of BancorpSouth Bank, has acquired the assets of Alexander & Sanders Insurance Agency Inc., headquartered in Baton Rouge, Louisiana. Alexander & Sanders provides risk management and insurance services to professional firms across Louisiana, including design …

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