Texas / South Central News

Texas Windstorm Insurer Outlines Funding for 2020 Hurricane Season

The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the Texas Windstorm …

WSS Hires Easley as Sr. Broker/Underwriter in Texas

WSS, a member of XPT Group, a specialty insurance distribution company, has added Meghan Easley as senior broker/underwriter in its Plano, Texas, office. Easley brings 15 years of industry experience, most recently in underwriting and brokerage business. She has extensive …

OSHA Cites, Fines Texas Chemical Plant Owner $514.6K After Explosions, Fire

A chemical manufacturer has been cited by federal officials for workplace safety hazards and fined more than $500,000 after a fire and explosions at its Port Neches, Texas, plant in November 2019. The U.S. Department of Labor’s Occupational Safety and …

Moore Named President of Austin Association of Insurance Professionals

Robby Moore, with PLUS Inc. in Austin, Texas, has been installed as president of the Austin Association of Insurance Professionals for 2020/21. The 2020/21 officers and directors for AAIP were installed in virtual ceremony on May 19. In addition, the …

Viewpoint: What’s Fair When It Comes to Paying Insurance Claims?

The ongoing COVID-19 pandemic has tragically resulted in the deaths of 100,000 Americans, changed our day-to-day lives, hampered our economy, and forced us to reexamine how we live. As the country moves to reopening, after weeks of a shut down …

Texas Unemployment Rate Hits 12.8% in April, Worst on Record

The state’s April jobless rate was 12.8% — Texas’ worst monthly tally on record. That number, included in the Labor Department’s monthly report released on May 22, is the government’s clearest and most comprehensive look at the economic devastation in …

Texas Windstorm Insurer Files Replacement Cost Policy Form Revisions

The Texas Windstorm Insurance Association has filed the following revised endorsements with the Texas Department of Insurance for approval: Revised Endorsement No. 164 – Replacement Cost Coverage – Coverage A (Building) and Coverage B (Business Personal Property). Revised Endorsement No. …

Oklahoma Workers’ Comp Medical Fee Schedule Approved

The Oklahoma Legislature has adopted a proposed new Medical Fee Schedule, the Oklahoma Workers’ Compensation Commission (WCC) reported. The WCC had submitted in House Joint Resolution (HJR) 1028; it goes into effect July 1, 2020. The Medical Fee Schedule sets …

Texas DOI Takes Over More Windstorm Compliance Certifications on June 1

The Texas Department of Insurance will soon be taking on additional responsibility for issuing Certificates of Compliance for coverage from the state’s insurer of last resort for wind and hail for properties in areas along the Gulf Coast. Effective June …

Houston International Insurance Group Appoints Robinson as CEO

Andrew Robinson has been named chief executive officer at Houston International Insurance Group Ltd. (HIIG). Robinson takes over from HIIG’s founder and outgoing CEO, Stephen L. Way, who has resigned as chairman of the board but will continue to serve …

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