winter storm uri News

Oklahoma Sues Natural Gas Companies Over Price Spikes During Winter Storm Uri

OKLAHOMA CITY (AP) — Two Texas-based natural gas companies are being sued by Oklahoma, which alleges they fraudulently reduced gas supplies to send prices soaring during Winter Storm Uri, making huge profits while thousands shivered across the state. The lawsuits …

Oklahoma AG Launches Tipline to Report Allegedly Illegal Conduct During Winter Storm Uri

Oklahoma Attorney General Gentner Drummond has launched an online tip form where the public can report allegedly illegal conduct related to energy costs during Winter Storm Uri. The tipline, located on the Attorney General’s website (oag.ok.gov), is designed to collect …

Texas Comptroller: State Revenue Driven by Increasing Insurance Premiums

When Texas lawmakers meet next month for a special session on funding public education, they will have more money available to them to spend than they anticipated when they passed the state’s $321.3 billion budget earlier this year, Texas Comptroller …

Texas Power Grid Operator Can’t be Sued Over 2021 Winter Storm, High Court Rules

The Supreme Court of Texas narrowly decided Friday that sovereign immunity, which largely shields government agencies from civil lawsuits, also protects the operator of the Texas electric grid. The 5-4 opinion will likely free the nonprofit corporation from lawsuits filed …

Texas Gas Market Gets New Calls for Transparency Two Years After Winter Storm Uri

Texas’s notoriously opaque natural gas market is getting fresh calls for transparency and oversight, two years after the 2021 winter storm that left millions in the dark and more than 200 dead. Texas Representative John Bryant, a Democrat, is planning …

Lawsuits Pile Up Two Years After Winter Storm Uri

HOUSTON — When Cherrilyn Nedd left her uncomfortably cold Summerwood home during the February 2021 winter storm to stay with her in-laws — who had a generator — she never expected that she would return to find the house ruined. …

Texas Power Company Says Hartford Has Duty to Defend Uri Suits

A Texas generation and transmission cooperative is suing its insurer for failing to defend the company against multiple lawsuits stemming from 2021 Winter Storm Uri. Golden Spread Electric, a G&T cooperative based in Amarillo, claims breach of contract, declaratory judgment …

Texas, Oklahoma, Arkansas Among States With Highest Frozen Pipe Claims

State Farm paid more than $471 million in claims from frozen pipes in 2021, and more than two/thirds of claims can be rooted back to one state: Texas. The Lone Star State accounted for $343 million of frozen pipes claim …

Texas Officials Revise Death Count of 2021 Winter Storm to 246

A new report from the Texas Department of State Health Services confirms a final death count from the February 2021 Winter Storm Uri and the subsequent collapse of the Texas electric power grid. The DHS reports 246 winter storm-related deaths …

Top 10 South Central Insurance Journal Stories of 2021

Winter Storm Uri, Hurricane Ida and the fallouts from each storm dominated headlines in Insurance Journal’s South Central region in 2021. Readers were also interested in Texas’ crackdown of commercial vehicles, the Texas legislature’s passing of a commercial auto tort …