Texas / South Central News

Texas Surplus Lines Premium Up 13% Over Last Year

Surplus lines premium in Texas has increased to $3.48 billion at the 2019 mid-year point, up 13.4% over 2018’s mid-year total of $3.06 billion, according to data reported to the Surplus Lines Stamping Office of Texas (SLTX). Through the first …

Oklahoma Accuses J&J of Dodging Liability for ‘Cunning’ Opioid Drug Push

Even after illegally promoting opioid painkillers to reap billions of dollars in profit over the past two decades, Johnson & Johnson has accepted “zero responsibility” for its central role in fueling a public-health crisis, Oklahoma’s top law-enforcement official told a …

Oklahoma, J&J Wrapping Up First Trial Over Opioid Crisis

Oklahoma’s attorney general is expected to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling the U.S. opioid epidemic, as the first trial in nationwide litigation over the drug crisis comes to …

Petri Honored with ICT’s Raymond Mauk Leadership Award

The Insurance Council of Texas has presented the Raymond Mauk Leadership Award to Verle Petri, a long time insurance executive and expert on Texas insurance regulation and policy. ICT honored Petri with the award during the 27th Annual ICT/AFACT Property …

EC3 Brokers Expands in U.S., Adding Norris, Holley in Dallas

EC3 Brokers US has expanded with the appointments of James Norris as chief actuary and Terry Holley as senior vice president. Norris and Holley are based in Dallas. They will report to Chris Hilton, president of EC3 Brokers US, and …

Barry Weakened After Landfall in Louisiana But Flooding Still Expected in Some Areas

Storm Barry trudged through northwestern Louisiana on Sunday, weakening to a tropical depression but dropping up to 15 inches (38 cm) of rain in some places to create life-threatening flood conditions along the Mississippi River. Barry, which made landfall on …

Barry Expected to Make Landfall in Louisiana as Hurricane on Saturday

In an update issued at 4 p.m., CDT, on July 12, the National Hurricane Center said Tropical Storm Barry is expected to make landfall as a category 1 hurricane along Louisiana’s central Gulf Coast on July 13. The NHC is …

Refineries in Tropical Storm Barry’s Path to Keep Operating

Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane just before landfall …

New Orleans Hunkers Down as Tropical Storm Barry Nears Louisiana Coast

Coastal Louisiana felt the first blow from Tropical Storm Barry’s winds early on Friday as the slow-moving tempest was forecast to become the first Atlantic hurricane of 2019 threatening to bring rain and flooding to New Orleans. The storm was …

5th Circuit: No Assertion that Drunken Driving Equals Intention to Crash

If a drunken motorist collides with another vehicle, can the incident truly be called an accident? A federal judge in Texas said “no” and dismissed a plaintiff’s lawsuit seeking punitive damages from Cincinnati Insurance Co. The U.S. 5th Circuit Court …

Texas / South Central News Archives by Month