Texas / South Central News

One80 Acquires Texas’ Enviant

One80 Intermediaries, a specialty insurance broker headquartered in Boston, announced that it has acquired the assets of Enviant from Euclid Program Managers. Marsh, Berry & Company was the exclusive financial advisor to Enviant and terms of the deal were not …

EEOC Sues Oklahoma Powersports Vehicle Retailer for Sex Discrimination

Vicars Powersports, a McAlester, Oklahoma retailer of ATVs, UTVs, dirt bikes, motorcycles and personal watercraft, violated federal law when it fired a female manager because she is a woman, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …

Texas Sees Rapid Growth in Battery Storage to Support Power Grid

On Wednesday night, minutes before the state’s grid operator went into emergency mode to make sure it would have enough power to meet high demand during another triple-digit day, batteries provided more electricity to Texas homes and businesses than ever …

Louisiana Commissioner Directs Agents to Notify Citizens Policyholders of Less Expensive Policy Offers

A recent directive issued by Louisiana Insurance Commissioner Jim Donelon orders agents to notify their Louisiana Citizen policyholders when they receive an offer to be placed with a significantly less expensive insurer in the private market. Donelon issued Directive 222 …

Arkansas’ United Home Placed In Receivership

Arkansas’ United Home Insurance was placed in receivership by the Pulaski County Circuit Court on September 6. Arkansas Insurance Commissioner Alan McClain was appointed receiver. United Home consented to the receivership for the purpose of its rehabilitation. The receivership does …

Climate Change Drives Insurance Woes in Louisiana

A little over a year ago, Peter Gardner, a Louisiana developer, completed rehabbing an apartment building with 144 units and got a surprise so ugly it made him decide to move his business out of town. When the project began, …

Texas Power Grid Faces New Challenges Amid Summer Heat and High Demand

HOUSTON (AP) – Texas’ power grid has been under tremendous stress during this summer’s sweltering heat, with the state setting 10 new records for electricity demand. The grid`s reliability has been questioned by residents and lawmakers since a deadly winter …

Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates

Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge in Louisiana ruled that the law firm has no right to any attorney fees for 201 hurricane-damage claims. The Equal …

Severe Storm Leaves Thousands Without Power in Little Rock, Arkansas

LITTLE ROCK, Ark. (AP) – Thousands of Little Rock residents were without power Wednesday after a severe storm uprooted trees and damaged homes in neighborhoods rebuilding from a tornado that hit the state last spring. There were no immediate reports …

Hooters of Louisiana to Settle $650K Race and Retaliation Lawsuit

Hooters of Louisiana, LLC and associated companies (“Hooters”) have agreed to pay former African American employees $650,000 to settle a race and retaliation lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s …

Texas / South Central News Archives by Month