Texas / South Central News

Tokio Marine HCC in Houston Names AIG’s Pastor Chief Actuary

Tokio Marine HCC has appointed Nick Pastor as senior vice president and chief actuary. Based in Houston, Pastor reports to Tom Weist, Tokio Marine HCC’s co-chief financial officer. Pastor has more than 25 years of actuarial experience. Most recently, he …

Insurance Department: Auto Insurers to Return Over $187M to Louisiana Drivers

The Louisiana Department of Insurance says collectively auto insurers will return more than $187 million in premium to drivers in the state in the form of refunds and rebates on auto insurance policies. Insurance Commissioner Jim Donelon notes that auto …

Texas Urges Insurers to Work with Commercial Customers on Premium Adjustments

The Texas Department of Insurance has issued a bulletin to insurers to urging them to work with commercial policyholders that have premiums based on payroll, sales, or a similar auditable exposure. TDI requests that insurers conduct midterm audits and accept …

Texas’ Oil and Gas Regulators Not Ready to Cut Production

Facing a steep drop in oil demand with much of the world staying home to practice social distancing, more than 55 energy executives, analysts and critics appeared one after another Tuesday at a video meeting of the Texas agency that …

Louisiana ExxonMobil Refinery Releases Findings from Fire Investigation

A February blaze inside ExxonMobil’s refinery in Louisiana’s capital city was caused by air getting into a line containing hydrocarbon material and igniting, the company said, releasing the results of an internal investigation. ExxonMobil said it will ensure the valves …

Texas DWC Adopts Emergency Rule on Telemedicine, Telehealth

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has adopted a new emergency rule relating to telemedicine and telehealth for physical medicine and rehabilitation services. New 28 Texas Administrative Code ยง167.1 was adopted on an emergency basis became …

San Antonio Special Events Firm Sued for Sex-Based Harassment, Retaliation

Great Rentals and Events LLC, a San Antonio, Texas-based special events company that provides services for weddings and corporate functions, has been hit with a federal lawsuit charging the company with sex-based harassment and retaliation. The U.S. Equal Employment Opportunity …

300 Homes, Buildings Damaged by Tornadoes in Louisiana

Though tornadoes were reported in Arkansas, Lousiana and Texas over the Easter weekend, in the South Central region, northern Louisiana bore the brunt of the storm system that swept across the South on Sunday. The weather service reported multiple tornadoes …

Texas Delays FAIR Plan Rate Changes; OKs Windstorm Insurer Policy Forms

The Texas Department of Insurance has moved the effective date of approved rate changes for the state’s FAIR Plan from May 1, 2020, to Aug. 1, 2020. TDI said the date change was due to the impact of the coronavirus …

Louisiana Insurance Commissioner: State Farm Cutting Auto, Homeowners Rates

Louisiana Insurance Commissioner Jim Donelon has approved overall base rate decreases of 3.5% for homeowners’ policies issued by State Farm Insurance Co., which follows his approval of an additional decrease of 2.3% for State Farm auto policies in March. “In …

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