July 16, 2019
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 …
July 16, 2019
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 …
July 15, 2019
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 …
July 15, 2019
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 …
July 15, 2019
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 …
July 14, 2019
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 …
July 12, 2019
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 …
July 12, 2019
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 …
July 12, 2019
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 …
July 12, 2019
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 …