Texas / South Central News

Arthur J. Gallagher Acquires CBS Insurance in Texas

Arthur J. Gallagher & Co. acquired Abilene, Texas-based CBS Insurance LLP. CBS Insurance is a retail insurance agency providing property/casualty and health/benefits coverages to clients throughout Texas and the surrounding region. Peter Lauve, Steve Senter and their partners and associates …

Oklahoma Airport Says Air Force Charter Damaged Runway

STILLWATER, Okla. (AP) – A military cargo aircraft carrying the U.S. Air Force Academy women’s basketball team to a game at Oklahoma State University landed without authorization at the city’s airport and caused damage to its runway, city officials in …

Top 10 South Central Insurance Journal Stories of 2022

Nuclear verdicts, insurer insolvencies, rate hikes, and lawsuits were some of the most popular subjects among readers of Insurance Journal’s South Central region. The following were the South Central region’s top 10 articles for the year that interested readers. The …

Judge Eyes Sanctions Against Tx. Law Firm for Filing Frivolous Lawsuits

A law firm that was called into a federal judge’s courtroom to explain why there were so many errors in the hurricane lawsuits it filed against insurers now finds itself in hot water with a second federal judge. US District …

Oil Refiners Restoring Lost Output After Arctic Blast

U.S. oil refiners on Tuesday were working feverishly to resume operations at a dozen facilities knocked offline by a holiday deep freeze, a recovery that in some cases will stretch into January. An Arctic blast sent temperatures well below freezing …

Texas’ ERCOT Given Federal Permission to Exceed Air Quality Limits

The U.S. Department of Energy has cleared the way for Texas power plants to pollute more than is usually allowed, such as by burning dirtier fuel oil instead of natural gas, to keep the electricity on through Christmas morning. The …

Oklahoma Piping Inspection Company to Pay $250K EEOC Fine

American Piping Inspection, Inc. (API), an Oklahoma-based testing and piping inspection services company, agreed to pay $250,000 and to provide other substantial equitable relief to resolve a discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), …

Texas Officials Confident in Power Grid as Temperatures Plummet

State officials warned residents Wednesday to prepare their homes and vehicles for the coming freeze while trying to reassure on-edge Texans that the electric grid will stay online. Temperatures are expected to plummet Thursday into single digits β€” with even …

Louisiana Workers’ Comp Rates to Decrease 12.2% in 2023

Louisiana Insurance Commissioner Jim Donelon has approved the annual loss cost filing of the National Council on Compensation Insurance (NCCI) for a -12.2% reduction in workers’ compensation rates. The decrease, which takes effect May 1, 2023, continues the downward trend …

Texas Bankruptcy Judge Allows Sandy Hook Cases Against Jones to Proceed

HOUSTON (AP) – Cases can move forward against Alex Jones regarding the nearly $1.5 billion he’s ordered to pay families of Sandy Hook victims over his conspiracy theories about the 2012 school massacre, a federal bankruptcy judge ruled Monday, but …

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