June 24, 2019
Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. By comparison, at the start of the hurricane season in 2017 the …
June 21, 2019
A new law in Louisiana aims to ensure that auto insurance policyholders have the option to choose a particular motor vehicle repair shop. Under Act 317 (House Bill 411), which has been signed by Gov. Jon Bel Edwards, insurers are …
June 21, 2019
Compared with 2017, last year’s hurricane season was a relatively quiet one for the Gulf Coast states of Louisiana and Texas, with major U.S. storm systems such as Hurricanes Michael and Florence staying well to the east, impacting Florida and …
June 21, 2019
EPIC Insurance Brokers and Consultants, a retail property/ casualty insurance brokerage and employee benefits consultant, has added Principal Ed Oravetz, Principal Keith McNeely, Principal David Potts, Client Executive Elisha Johnson and Client Manager Marilu Alejandre to its employee benefits consulting …
June 20, 2019
A former Oklahoma State Supreme Court justice will attempt to resolve a dispute over how to disburse an $85 million settlement of a state lawsuit with Teva Pharmaceuticals. Cleveland Count District Judge Thad Balkman said Monday that retired Judge Steven …
June 20, 2019
Federal disaster assistance has been approved for four more Oklahoma counties affected by severe storms, flooding and tornadoes last month. Gov. Kevin Stitt said the Federal Emergency Management Agency had added Cherokee, Le Flore, Noble and Nowata counties to a …
June 20, 2019
The Texas Department of Insurance (TDI) has issued special data call to companies that wrote direct commercial property or businessowners insurance in Texas and to certain farm mutual insurance companies that wrote property insurance in Texas during calendar year 2018. …
June 20, 2019
The company behind the four-day chemical blaze that cast a black plume over Houston earlier this year is preparing to destroy one of the tanks at the facility, raising the risk that the site could see “flash” fires. Intercontinental Terminals …
June 20, 2019
Tower Hill Specialty is now offering manufactured housing and dwelling fire insurance policies in Arkansas. Optional coverage features include equipment breakdown and service line endorsements. The equipment breakdown option provides coverage for items such as appliances and HVAC systems. Discounts …
June 19, 2019
Investigators will consider storm-related flooding to help determine what caused an April 24 freight train derailment in North Texas that sent 25 tanker cars off the tracks. The National Transportation Safety Board on Monday issued a preliminary report on the …