Texas / South Central News

Texas Counties See Drop in Flood Policies, Insurance Department Says

A number of flood-prone Texas counties have seen a decline in the number of flood insurance policies in place, the state insurance department reported Despite hurricanes, Corpus Christi region has had a decrease in the number of flood insurance policies, …

Dallas Benefits Insurance Agency, Next Level, Partners with ThinkHR

Dallas-based Next Level Insurance Agency is partnering with ThinkHR on risk management, human resources and employee communication support at no cost for its employee benefits clients. ThinkHR is a technology platform to help businesses manage risk. It includes compliance tools, …

Texas Governor Extends Coronavirus Disaster Declaration

Texas Gov. Greg Abbott has renewed the state’s disaster declaration in response to the coronavirus pandemic as the state approaches nearly 13,500 deaths. When Abbott first issued his emergency order on March 13, state officials hadn’t yet reported any confirmed …

Hub International Acquires Assets of Louisiana Agency, Todd & Associates

Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Todd & Associates LLC (Todd & Associates), an independent insurance agency located in Lake Charles, Louisiana. Terms of the transaction were not disclosed. Todd & Associates is …

Drones, Satellite Images Used to Assess Coastal Damage from Hurricane Laura

Hurricane Laura was hardly done ripping across Louisiana before scientists started combing through satellite imagery and drone footage and preparing to survey coastal areas to see what damage was caused by the monster storm. Southwest Louisiana’s gulf coast is a …

Louisiana Emergency Rule Extends Insurance Premium Payment Time

Insurance policyholders in Louisiana who have been impacted by Hurricane Laura will have more time to pay their premiums under an emergency rule issued by the Louisiana Department of Insurance. Insurance Commissioner Jim Donelon said Emergency Rule 45 allows greater …

Hoy Named EVP, Auto Dealer Programs at Risk Point Underwriters in Dallas

Dallas-based Risk Point Underwriters LLC has named Scott A. Hoy executive vice president for the specialty auto dealer underwriting unit. Hoy will be responsible for driving profitable growth and delivering customer excellence through independent agents across its Risk Point programs …

London Underwriters Launches Online Agent Platform in Texas

London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas. London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program for 10 years and launched several platforms for …

Sheriff: 5 Boats Sank in Austin Area Trump Parade, No Injuries

Five boats sank in a Texas lake during a nautical parade in support of President Donald Trump as tightly packed boats created large waves, officials said Sunday. Boaters began calling for help “almost immediately” after the procession for Trump’s reelection …

Hub Acquires Assets of The Employee Benefit Corp., Hollis Companies in Louisiana

Chicago-based global insurance brokerage HUB International Limited (Hub) has acquired the assets of Hollis Companies L.L.C. (Hollis Companies) and The Employee Benefits Corporation (TEBC), located in Metairie, Louisiana. Terms of the transaction were not disclosed. TEBC and Hollis Companies are …

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