Texas / South Central News

7 Killed in Texas Highway Crash; 1 in Critical Condition

NEW BRAUNFELS, Texas (AP) – A young passenger of an SUV involved in a head-on collision on a Texas highway that left seven others dead remained in critical condition Tuesday. The crash between the SUV and a pickup truck that …

Louisiana’s Donelon Elected Chair of NAIC Southeast Zone

Louisiana Insurance Commissioner Jim Donelon was selected to chair the National Association of Insurance Commissioners (NAIC) Southeast Zone during the organization’s Fall National Meeting. Prior to his election as chair, Commissioner Donelon had served as secretary of the Southeast Zone. …

Hardening Construction Market Gives Way to Rise of Captives

Amid a historically hard construction market, middle and large-sized companies looking for alternatives to traditional insurance may turn to captives to find stable pricing and greater capacity. Captives, licensed (re)insurance companies owned by their insureds, carry appeal to construction businesses …

Attorney for La. Insurer Says Firm Working with Contractors to Find New Hurricane Claimants

An insurance defense attorney accuses the McClenny Moseley & Associates law firm of teaming up with restoration contractors to illegally acquire clients, which sometimes resulted in duplicate lawsuits being filed against insurers for claimants who were already represented by other …

Texas Environmentalists Look to Crack Down on Methane Emissions

In a marathon three-day public hearing, close to 300 people across the country gave comments on the agency’s supplemental proposal to reduce methane in oil and natural gas operations. Many called in from Texas, New Mexico, Pennsylvania and other oil …

Texas to Receive $654M in Opioid Funds From CVS, Walgreens

Texas Attorney General Paxton announced that the state is joining finalized opioid agreements with CVS and Walgreens totaling $10.7 billion nationally, with CVS paying $5 billion and Walgreens paying $5.7 billion. Texas and its local governments are slated to receive …

People Moves: Myers Joins Alliant’s Texas Team; Goosehead Names CFO

Myers Joins Alliant’s Texas Team Mike Myers has joined Alliant Insurance Services as vice president within its employee benefits group. Based in Dallas, Texas, Myers will design and implement strategic employee benefits solutions that add value and provide long-term financial …

Louisiana Governor Orders Special Session to Address Insurance Incentive Fund

Louisiana Gov. John Bel Edwards called for a special session Sunday to address appropriate funds to the Insure Louisiana Incentive Fund, a fund created by lawmakers last year to attract more insurance companies to the state. Edwards said the special …

Entergy Louisiana Customers to Cover $1.5B for Hurricane Ida Repairs

METAIRIE, La. (AP) – About a million customers of an electric utility in Louisiana will cover more than $1.4 billion in repair costs related to Hurricane Ida. Entergy Louisiana said residential customers will see about $5.50 added to their monthly …

Arthur J. Gallagher & Co. Acquires Texas’ Remco

Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services, Inc. (RPS), has acquired Austin, Texas-based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed. With roots going back to 1987, Remco Insurance is a retail …

Texas / South Central News Archives by Month