Insurance companies should take note of a recent ruling by the Supreme Court of Texas that closes a “trapdoor” pretrial discovery gambit by plaintiffs’ lawyers that exposed defendants to sanctions for denying negligence in pretrial requests for admissions and then …
Rolling Meadows, Illinois-based Risk Placement Services (RPS) has expanded its exclusive admitted lawyers professional liability program into New York and Texas, states considered to have the largest number of attorneys in the U.S. With the product expansion, independent agents and …
Announcing total estimated catastrophe losses for June, Allstate Corporation attributed 60 percent of those losses to four severe wind and hail weather events that primarily impacted Texas. Allstate estimated catastrophe losses for the month of June 2019 of $309 million, …
A northwest Louisiana coroner says a 43-year-old man has died of injuries from an industrial explosion late last month. The Caddo Parish Coroner’s Office says Jonathan Hall of the DeSoto Parish town of Stonewall died early Tuesday at Ochsner LSU …
Gov. Kevin Stitt says the Federal Emergency Management Agency has approved disaster assistance for 41 Oklahoma counties as a result of spring flooding and severe weather in the state. The storms produced historic flooding throughout the northern half of the …
A lawsuit has been filed by the State of Texas seeking to stop Georgia-based Aliera Healthcare from selling health insurance in the state and engaging in the business of insurance without a license, the Texas Department of Insurance (TDI) reported. …
On July 11, the Insurance Council of Texas’ (ICT’s) 4th Annual Speed Interview and Network Session connected students from universities across Texas with 23 insurance companies and agencies. “The speed interview session is a great opportunity for students and companies,” …
Catastrophe modeling firm, Karen Clark & Company (KCC), says insured losses from Tropical Storm/Hurricane Barry and its remnants will near $300 million. That figure does not include National Flood Insurance Program (NFIP) losses. KCC based the estimate on its high …
Even though Tropical Depression Barry did not unleash catastrophic flooding in Louisiana, many across the Gulf Coast were urged to take heed of tornado and flash-flood warnings Monday as the storm moved north. Barry was downgraded from a tropical storm …
Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd. (CU) and Fidelis Claims Service LLC (FCS), has hired Mark Taylor as senior manager of its Claims Division. Taylor will provide additional leadership to FCS and will be based …
