Texas / South Central News

Bluefire Insurance to Lower Auto Insurance Rates in Louisiana

The Louisiana Department of Insurance has approved the filing by Bluefire Insurance to reduce its auto insurance rates in Louisiana, the company said, The 2.3% statewide rate reduction is effective March 25 Bluefire Insurance describes itself as a managing general …

Former Oklahoma Store Owner to Pay $160K in Disability Discrimination Suit

The former owner of a chain of Oklahoma convenience stores will pay $160,000 to nine alleged victims of disability discrimination to resolve a federal lawsuit. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), Brown-Thompson General …

Texas Windstorm Insurer Lowers Initial Premium Amount Due; Extends Payment Deadline

Texas’ property insurer of last resort for wind and hail in counties along the state’s coastline is temporarily reducing the amount of premium due in order to issue a policy and providing 75 days to pay the remaining premium. The …

Oklahoma House OKs New Powers for Governor Amid COVID-19 Pandemic

The Oklahoma House has granted sweeping new powers to the governor to respond to the deadly coronavirus outbreak. The House met in special session and approved the resolution under the never-before-used Catastrophic Health Emergency Act, which gives Gov. Kevin Stitt …

Texas Mutual to Distribute $330M in Policyholder Dividends Two Months Early

Workers’ compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends to be paid out two months early than scheduled. The company has historically paid dividends in June, and in response to the coronavirus pandemic, saw an …

Louisiana Places Moratorium on Insurance Policy Cancellations/Non-Renewals

Louisiana Insurance Commissioner Jim Donelon in late March issued Emergency Rule 40, which places a moratorium on insurance policy cancellations and non-renewals for policyholders in Louisiana. The emergency rule is a result of the statewide public health emergency declared by …

12 Companies Cited by OSHA in New Orleans Hard Rock Hotel Collapse

Federal workplace safety officials have cited 12 businesses with safety violations in connection with partial collapse of the Hard Rock Hotel in New Orleans in which three workers died and 18 others were seriously injured. The U.S. Department of Labor’s …

Implementation of New Texas Coastal Building Code Extended to September

The start date for implementation of the new building code standard for Texas’ property insurance provider for wind and hail in counties along the state’s coastline has been extended. The Texas Department of Insurance (TDI) issued an emergency rule to …

47 Long-Term Care Sites in Louisiana Seen as Coronavirus ‘Clusters’

As coronavirus cases spike ever higher in Louisiana, the state’s nursing homes, assisted living sites and adult residential care facilities are showing more and more “clusters” of the virus, but the full scale of the outbreak at those sites remains …

Oklahoma’s Insurance Risk Partners Joins BRP Group

Oklahoma City-based Insurance Risk Partners (IRP) has entered into a partnership with BRP Group Inc. to become part of their BKS-Partners operating group. IRP was formed in 2016 by industry veterans Paul and David Brown, and Patrick Truhlar, who have …

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