Texas / South Central News

Texas Insurance Department to Seek Input on Rules that Need to Be Updated

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 …

Louisiana Charter School Bus Services Firm Accused in Insurance Fraud Scam

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 …

New Texas Homeowners Policy From The Woodlands Insurance Includes Flood Coverage

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 …

Texas Insurance Commissioner to Industry: Watch Your Language!

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 …

Louisiana Pledges $80M for Bayou Chene Floodgate

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 …

SageSure, IMF Partner on Texas Coastal Homeowners Insurance Product

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 …

One Dead, 2 Critically Injured in Another Houston-Area Chemical Fire

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 …

U.S. Investigators to Begin Search for Cause of Texas Petrochemical Disaster

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 …

Year 2000 Fort Worth Tornado Triggered Development Boom

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 …

Corvus Insurance Opens Location in Dallas, Hires Wagner as VP, Cyber Underwriting

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 …

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