April 4, 2019
The Texas Department of Insurance announced plans for a structured process to begin later this year to collect suggestions on departmental rules that need updating. The department said best practices, strong consumer protection, modernization, user-friendly processes and clear communication are …
April 4, 2019
The Louisiana Department of Insurance has served the owners and an employee of Scholars First LLC, a provider of bus transportation services to several New Orleans-area charter schools, with cease and desist (C&D) orders for their alleged roles in the …
April 4, 2019
The Woodlands Insurance Co. (TWICO), located in The Woodlands, Texas, has launched a Texas homeowners policy that will include flood insurance to all qualifying households. With a tiered offering of Twico Prime, Twico Prime Plus, and Twico Prime 360, homeowners …
April 3, 2019
Note: This is the second article in a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Texas’ chief insurance regulator wants the insurance industry to clean up its language. And, no, he’s not talking about the …
April 3, 2019
Residents in six southeastern Louisiana parishes will get some relief from backwater flooding thanks to a new floodgate. Gov. John Bel Edwards announced this week that the state’s Coastal Protection and Restoration Authority is pledging $80 million to build a …
April 3, 2019
Residential property managing general underwriter, SageSure Insurance Managers has partnered with Independent Mutual Fire Insurance Company (IMF) on a homeowners product in Texas, with plans to expand to additional coastal states. SageSure partners with highly rated insurance carriers to deliver …
April 3, 2019
An explosion and fire at a chemical plant northeast of Houston left one person dead and two battling for their lives, just two weeks after a blaze at an oil storage facility caused thousands of gallons of petrochemicals to flow …
April 2, 2019
U.S. investigators hope this week for the first time to enter the site of a massive fuel fire and chemical spill outside Houston to begin the hunt for a cause and to determine whether the operator followed safety regulations. The …
April 2, 2019
It’s been nearly 20 years since a tornado lumbered through downtown Fort Worth and experts say the deadly storm left behind more than just destruction. The March 28, 2000, twister, which caused an estimated $400 million in damage, triggered a …
April 2, 2019
Boston-based Corvus Insurance, an artificial intelligence (AI)-driven insurtech company offering Smart Commercial Insurance policies, has opened an office in Dallas and hired Greg Wagner as vice president of Cyber Underwriting, based in the Dallas office. Wagner joins Corvus with 12 …