Texas / South Central News

Texas Agencies Higginbotham and Borden Insurance Merge

Fort Worth, Texas-based Higginbotham and Borden Insurance, an independent insurance agency located in Corpus Christi, Texas, have joined forces. Led by President and CEO David Erwin Borden, Borden Insurance was previously held by American Financial Insurance Services Inc., a subsidiary …

Curley Financial Group Names Martin VP of International Managers in Dallas

Curley Financial Group LLC has appointed Tony Martin as vice president of International Managers Inc., its claim advisory company. He is based in the company’s Dallas headquarters. Martin joins IMI from AON Global Risk Consulting where managed complex liability claims …

Boeing 737 Likely to Remain Grounded by FAA Until October: Reuters

The Federal Aviation Administration (FAA) said on Tuesday it plans to issue a proposed airworthiness directive for the Boeing 737 MAX in the “near future” to address changes made since the plane was grounded in March 2019 after two fatal …

Former Comptroller Pleads Guilty to Stealing $259K from Louisiana Community College

The former comptroller for a community college in Louisiana has pleaded guilty to stealing more than $250,00 from her employer. Carol Bates, the former comptroller for Bossier Parish Community College (BPCC), pled guilty on July 20 before Chief U.S. District …

Program Suspended After 40K Apply for COVID-19 Rent Help in Louisiana

Louisiana has suspended an emergency rent assistance program to help with the economic slowdown caused by COVID-19 after more than 40,000 people filled out applications for the help in less than four days. The Louisiana Housing Corporation set aside $24 …

CAC Specialty Adds Regueiro as Sr. VP, Marketing Account Exec in Houston

CAC Specialty has added Robert Regueiro as senior vice president and marketing account executive in its Financial Lines Practice in Houston. Regueiro comes to CAC Specialty with extensive industry expertise and knowledge. Prior to joining CAC Specialty, Regueiro most recently …

Texas Windstorm Rate Filing Consideration Process Now Underway

July 17 was the last day the Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee accepted comments on its annual rate filing process, which officially begins on July 21 when the committee meets to to review the annual Rate …

Louisiana, Army Corps at Odds over Repair of Barrier Island Hit by TS Cristobal

Tropical Storm Cristobal ate away the beach of Louisiana’s only inhabited barrier island to the huge sand-filled tube at the core of a protective levee, and the Army Corps of Engineers says permits and studies keep it or anyone else …

Louisiana Governor Approves New Limits on Car Accident Lawsuits

Gov. John Bel Edwards has signed the business lobby’s main priority of the last election cycle into law, changes to Louisiana’s civil litigation rules aimed at lessening the money people can win against insurance companies and businesses in car accident …

AM Best Removes from Under Review, Affirms Ratings of Texas’ National Lloyds Group

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Dallas-based National Lloyds Insurance Co. (NLIC) and American Summit Insurance Co. (ASIC), …

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