Austin residents can now receive up to a 25% discount on their flood insurance thanks to the city’s upgraded Community Rating System score from the Federal Emergency Management Agency (FEMA). Last month, FEMA notified the City of Austin that it …
Louisiana Insurance Commissioner Tim Temple recently met with 20 property and casualty insurers ahead of this year’s Atlantic Hurricane Season to make sure insurers are prepared to handle claims following a hurricane or other catastrophic event. “I thought this meeting …
HOUSTON (AP) — A Texas county has agreed to pay a group of female deputies $1.5 million to settle a federal lawsuit that claimed they were abused and harassed when a constable’s office turned undercover operations into a drunken “playground …
A panel of the 5th Circuit Court of Appeals ruled this week that a Louisiana statute voids the formation of an arbitration clause in a surplus lines insurance contract. In its opinion, the appellate court reasoned that the general principles …
ALKEME, announced the acquisition of Hardwick Insurance, a commercial and personal specialist located in Lafayette, Louisiana. This strategic acquisition marks ALKEME’s expansion in the Southern United States and enhances its portfolio with Hardwick’s specialized expertise in commercial and personal insurance, …
The financial costs of drought in Texas have risen rapidly over recent decades, according to a new analysis of federal crop insurance data. The nonprofit Environmental Working Group, a longtime critic of the federal crop insurance program based in Washington, …
The Nitsche Group has announced the relocation of its Round Rock office. The office, previously at 893 North IH 35, Suite 120, Round Rock, is now located at 551 S. I-35 Frontage RD., Suite 320, Round Rock, TX, 78664, just …
Louisiana could soon bar banks that “discriminate” against firearm entities from working on government contracts, after lawmakers advanced legislation that’s similar to a Texas statute that has whipsawed Wall Street firms’ public-finance work. State lawmakers passed Senate Bill 234 last …
AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bbb-” (Good) of Farm Bureau Mutual Insurance Company of Arkansas, Inc. Concurrently, AM Best has maintained …
Skyward Specialty Insurance Group, headquartered in Houston, named three new members to its media liability team Andrea Taylor is Skyward’s new vice president of media liability. Taylor has 25 years of leadership and underwriting expertise, specializing in the segment. She …
