Texas / South Central News

New E-Book, Online Guide Aims to Help Insurance Agencies Deal with Disruptions

A new e-book and online resource guide created by a trio of insurance agency executives, including Tony Caldwell, CEO of the Oklahoma-based agency network One Agents Alliance, aims to provide independent insurance agents across the country with steps and actions …

Louisiana’s Stonetrust Commercial Insurance Promotes Treigle; Adds Chou, Jones

Baton Rouge, La.-based Stonetrust Commercial Insurance Co. has promoted Michael “Shane” Treigle as executive vice president and chief financial officer, and hired Tracy Chou as executive vice president and chief investment officer, and Natalie Jones as director of Human Resources. …

Coronavirus Confirmed on Offshore Oil Platforms in Gulf

The new coronavirus that causes COVID-19 has been confirmed in more than two dozen people working on oil platforms in the Gulf of Mexico, the Coast Guard said. While an offshore rig might seem like an unlikely place for the …

Louisiana Extending License Renewal Dates for Insurance Agents, Adjusters

The Louisiana Department of Insurance says a new emergency rule extends the renewal dates for licenses of insurance producers and adjusters who have been negatively impacted by the business closures brought on by the COVID-19 pandemic. Emergency Rule 44 applies …

Arkansas Insurance Dept. to Consumers: Contact Agents About COVID-19 Premium Relief

The Arkansas Insurance Department is advising auto insurance consumers to contact their insurance agents as to whether their auto insurance carrier is offering premium relief in light of the COVID-19 health crisis. AID has posted a list of insurers that …

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 …

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