Texas / South Central News

Parts of Texas in Exceptional Drought; Governor Extends Disaster Declaration

Texas Gov. Greg Abbott has extended a drought disaster declaration to numerous counties in the state. The counties are deemed to be in exceptional drought due to significantly low rainfall and prolonged dry conditions that continue to increase the threat …

Texas Windstorm Insurer: New Laws Bring Organizational Changes

The Texas Windstorm Insurance Association (TWIA) reports that working to implement new laws that change how TWIA does business and serves policyholders. The association recently issued the following update on a few important changes have already gone into effect. As …

Texas Insurance Department Promotes 4, Names New Internal Audit Director

The Texas Department of Insurance has promoted four staff members to new positions and hired a new director of internal audit. TDI selected Arby Gonzales as the agency’s new Internal Audit director. Gonzales comes from the State Auditor’s Office, where …

Report: Louisiana Sees 13 Consecutive Quarters of Personal Income Growth

Data released by the Bureau of Economic Analysis (BEA) shows that Louisiana personal income grew by $2.67 billion to $224.43 billion between 2019 Q1 and 2019 Q2, a new series record. Louisiana personal income has grown for 13 consecutive quarters …

Texas Insurance Department’s New Division to Focus on Health Market

The Texas Department of Insurance has created a new division to focus exclusively on the complex issues facing health insurance and selected Richard Lunsford as the deputy commissioner of the new Life and Health Division. Previously, policy decisions related to …

Workers’ Comp Loss Costs to Drop 5% in Oklahoma Next Year

A 5.1% percent decrease in workers’ compensation insurance loss costs in Oklahoma for 2020 has been approved by Insurance Commissioner Glen Mulready, the state insurance department announced. Loss costs are the average cost of lost wages and medical payments of …

Nichols Exiting Role as Workers’ Comp Manager at Insurance Council of Texas

Steve Nichols, manager of Workers’ Compensation Services at the Insurance Council of Texas (ICT), is moving on to pursue other opportunities, the insurance trade organization reports. Nichols has been with ICT for 19 years; his last day will be Sept. …

Gulf Coast Seafood Biz Slammed by Freshwater from This Year’s Floods

Fresh water from Midwestern floods has killed oysters along the coasts of three states and cost Mississippi half of its blue crabs. Water that came through a Louisiana spillway killed 95% of the oysters in Mississippi’s share of the Mississippi …

Widespread Damage, Five Deaths in Texas Linked to Imelda

The widespread damage brought to the Houston area by one of the wettest tropical cyclones in U.S. history came into broader view Saturday, as floodwaters receded to reveal the exhausting cleanup effort that lies ahead for many communities and homeowners. …

Louisiana Commissioner Donelon: Tort Reform Needed to Fix Auto Insurance Crisis

When Louisiana voters go to the polls on Oct. 12, they will have a choice between two Republican opponents in the race for insurance commissioner: current commissioner, Jim Donelon, a former state legislator who has held the post since 2006, …

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