Texas / South Central News

Texas Surplus Lines Premium Up 16% Over 2018

Reported Texas surplus lines premium through the first three quarters of 2019 reached $5.35 billion, a 16.15% increase over the same period in 2018, according to the Surplus Line Stamping Office of Texas (SLTX). Additionally, each month’s recorded premium has …

Relation Insurance Acquires Oklahoma’s Premier Consulting Partners

Relation Insurance Services (Relation) has acquired the Tulsa, Oklahoma-based insurance brokerage Premier Consulting Partners LLC (Premier). Founded in 2014 by CEO Russell Brown, Premier offers a full suite of property/casualty insurance, employee benefits, human resources consulting and wealth management products …

Louisiana Auto Insurance Provider, GoAuto, to Lower Rates

A rate reduction has been approved for the Louisiana-based auto insurance provider, GoAuto, the Louisiana Department of Insurance reports. The 3.6% rate reduction for GoAuto Insurance Co. impacts 74,000 Louisiana drivers. The newly approved rates will be effective on Oct. …

Verisk to Acquire Property Data Provider, BuildFax, in Austin

Verisk, which provides data analytics services to the insurance, energy and specialized markets, and financial services industries, has signed a definitive agreement to acquire BuildFax, an Austin, Texas-based provider of property condition and history data, from its shareholders. The majority …

Manufacturer, Staffing Agency Sued for Harassment, Retaliation at Oklahoma Site

U.S. officials say Johnson Controls Inc. (JCI) and ManpowerGroup US Inc. (Manpower) violated federal law when they fired a female employee who complained about sexual harassment at a JCI manufacturing facility in Norman, Okla. According to a lawsuit filed by …

Texas Mutual Commits $5M to Help Tropical Storm Imelda-Impacted Policyholders

Austin-based workers’ compensation carrier, Texas Mutual Insurance Co., is offering a grant of $5 million for policyholders affected by Tropical Storm Imelda. The grant is intended to support the recovery of business operations throughout the Gulf Coast region. The grant …

Stoutenburgh Joins EPIC Insurance Brokers in Dallas

EPIC Insurance Brokers and Consultants has added Pam Stoutenburgh as a principal in the firm’s property/casualty operations. She is based in Dallas. Stoutenburgh reports to EPIC Managing Principal and Director of the Southwest Region KJ Wagner. She will be responsible …

Texas Insurer Trade Group, Industry Partners Donating Alarms to Local Fire Departments

The Insurance Council of Texas (ICT), along with insurance industry partners First Alert, Travelers Insurance, State Farm Insurance, Hochheim Prairie and the Association of Fire & Casualty Companies in Texas, will donate over 2,500 smoke alarms to 36 Texas fire …

Louisiana Hospital Owners, Operators to Settle Whistleblower Case for $530K

A whistleblower claim brought a $530,000 settlement from a Louisiana hospital. A news release from U.S. Attorney David Joseph says the claim targeted owners and operators of University Health Hospital in Shreveport. The statement says Biomedical Research Foundation of Northwest …

Imelda-Impacted Texans Still Don’t Know if They Qualify for FEMA Aid

Two state officials are optimistic that southeast Texans whose homes were flooded by Tropical Storm Imelda will qualify for federal aid. And since it could be weeks before the destruction is fully inventoried, many leaders continue urging residents to report …

Texas / South Central News Archives by Month