Texas / South Central News

Louisiana’s Dwight Andrus Insurance Opens New Office in Shreveport

Dwight W. Andrus Insurance Inc., based in Lafayette, Louisiana, has opened a new office in Shreveport. Dwight Andrus Insurance – Shreveport is led by Market President Parker G. Stough. Stough has been with Dwight Andrus Insurance for five years and …

Louisiana Flood Victims Sue State for More Than $300M

A group of Louisiana flood victims who have been owed over $300 million for the past decade have filed a lawsuit against the state for failure to pay. The Advocate reports that Tangipahoa Parish home and small business owners who …

Louisiana Governor Seeks Federal Disaster Declaration for State

Louisiana’s governor has asked the White House to declare a major disaster in his state to free up more direct federal aid to cope with the surging coronavirus outbreak, warning that the New Orleans area could run out of hospital …

Texas Extends Insurance Claims Handling Deadlines for 15 Days

The Texas Department of Insurance reports that insurance claim-handling deadlines have been extended for 15 days as of March 20 to help insurers respond to the COVID-19 outbreak. The extension was implemented after Governor Greg Abbott suspended certain provisions of …

Louisiana Expands Access to Telemedicine, Federal Aid for Small Businesses

Louisiana Insurance Commissioner Jim Donelon has issued Emergency Rule 37, which aims to expand access to telehealth services during the COVID-19 health emergency. The Louisiana Department of Insurance summarized the provisions of Emergency Rule 37 as: Expands access to telemedicine …

Texas Modifies Licensing, CE Requirements for Insurance Agents, Adjusters

The Texas Department of Insurance (TDI) said certain licensing requirements for insurance agents and adjusters will be waived during the state’s response to the COVID-19 health emergency. TDI said the measures will ensure agent and adjuster services remain available. New …

Centauri Insurance’s Rating Under Review After Termination of Avatar Acquisition

The Financial Stability Rating (FSR) of A, Exceptional, assigned to Louisiana’s Centauri National Insurance Co. by Demotech Inc. may be subject to change as Centauri National’s parent company, Centauri Specialty Insurance Co., has terminated its planned acquisition by Avatar Partners …

Online Flood Insurer, Neptune, Offering Coverage in Arkansas, Illinois

Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution. Neptune also announced that it has entered Idaho and that …

Tornado-Bearing Storms Spread Damage Across Parts of Arkansas, Texas

Severe storms, including at least one possible tornado, struck parts of Arkansas on the evening of March 19, damaging homes and causing widespread damage to trees and power lines. Additionally, the National Weather Service has confirmed tornadoes are to blame …

Texas OKs Rate Changes for Texas FAIR Plan

The Texas Department of Insurance has approved various rate changes for the Texas Fair Access to Insurance Requirements Plan Association (FAIR Plan). On Dec. 20, 2019, the FAIR Plan filed residential property insurance rates for its homeowners (HO-A), dwelling (TDP-1), …

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