May 29, 2020
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 …
May 29, 2020
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 …
May 28, 2020
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 …
May 28, 2020
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 …
May 28, 2020
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 …
May 27, 2020
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 …
May 27, 2020
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. …
May 27, 2020
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 …
May 26, 2020
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 …
May 26, 2020
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 …