Texas / South Central News

Hilltop Holdings Selling Texas’ National Lloyds Corp. to Align Financial

Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC have entered into a definitive agreement for the sale of Hilltop subsidiary, National Lloyds Corp. (National Lloyds), to Align in an all-cash transaction valued at approximately $150 million, subject to post-closing …

2nd Worker Injured in Texas Oil Well Blowout Dies

A second worker has died of injuries from a Central Texas oil well blowout, the company said. Chesapeake Energy spokesman Gordon Pennoyer said the worker died Thursday evening at a hospital. Another worker was killed in Wednesday’s blowout at a …

Electrical Spark Likely Caused Deadly Houston Blast, ATF Says

An electrical spark likely ignited a gas leak that led to a massive explosion in Houston last week, killing two workers, injuring 20 others and damaging hundreds of buildings, law enforcement officials said. Highly flammable propylene gas started leaking in …

Energy/Marine Insurance Broker Dimitry Joins Higginbotham in Houston

Ted Dimitry, a commercial property/casualty insurance broker specializing in the oil and gas industry for 23 years, has joined Higginbotham’s Houston office as its energy and marine practice leader. Dimitry brings experience managing staffs of more than 15 employees producing, …

1 Worker Dead, Others Injured in Texas Oil Well Blowout

One person was killed and three others were injured on Jan. 29 in the blowout of a Central Texas oil well. All four were contractors working at a Chesapeake Energy well site on a county road near Deanville, Texas, 28 …

USG Insurance Hires Teague as Producer/Broker in Texas

USG Insurance Services Inc., a national wholesaler and MGA, has added Faryl Teague as producer/broker, commercial lines, to its Arlington, Texas, team. Teague joins the USG team with 11 years of underwriting and brokerage experience. As producer/broker at USG, Teague …

San Antonio Hotel Sued After Glass Bottle Falls on 2-Year-Old

A mother who says her 2-year-old son was seriously injured when a glass ketchup bottle fell on his head from a fifth-floor balcony of a San Antonio hotel is suing the establishment for at least $1 million. Cassandra DeLa Cruz’s …

450 Structures Damaged by Houston Warehouse Blast, Assessment Finds

An updated assessment of the impact of a massive explosion at a warehouse in Houston that killed two workers and injured 20 others shows that 450 structures, mostly homes, were damaged. The new total is more than double the initial …

CEO Retreats on Pledge to Fix All Homes Damaged in Houston Blast

The head of a company involved in a massive explosion in Houston that killed two workers and injured 20 others on Jan. 28 backtracked on a pledge he had made earlier in the day to fix the hundreds of structures …

Downs Named Chief of Staff at Oklahoma Insurance Department

Brian Downs has been tapped to serve as chief of staff for the Oklahoma Insurance Department (OID). Downs currently serves as the State Health Information Exchange director and special assistant to the Governor’s Front Porch Initiative. He previously served as …

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