Texas / South Central News

Federal Disaster Assistance Granted for 2 Oklahoma Counties

Two Oklahoma counties may now receive disaster assistance from the U.S. Small Business Administration (SBA) as a result of the severe weather that occurred April 28 through May 2, the governor’s office reported. The designation provides SBA low-interest disaster loans …

Texas ‘Industrial Insureds’ Surplus Lines Bill Signed into Law

On May 11, the Texas Senate passed a bill exempting certain policyholders from the requirement that agents to make a “diligent effort” to find insurance in the admitted commercial insurance market. Gov. Greg Abbott has signed the measure, which becomes effective …

Suspicious Fires in Arkansas Targeting Police, Firefighter Properties

Authorities in a small Arkansas town say local police and firefighters are being targeted by suspicious fires and vandalism. The Arkansas Democrat-Gazette reports the incidents in Cotton Plant began in February, when a fire destroyed a firefighter’s rental home. The …

Louisiana Disaster Declarations in Last 18 Months Involved Nearly 90% of Parishes

With hurricane season fast approaching, the Louisiana Department of Insurance is pointing out that in the last 18 months, nearly 90 percent of the state’s parishes have been included in major disaster declarations. The LDI is advising policyholders to take …

A.M. Best: Outlook Stable for MGA Insurance in Dallas

A.M. Best has revised the long-term issuer credit rating (long-term ICR) outlook to stable from positive and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb” of MGA Insurance Company Inc. (MGA), based in Dallas. The …

Damage Assessment from 7 Oklahoma Tornados Ongoing

Meteorologists say seven tornados that occurred in northeast Oklahoma last week have received preliminary damage ratings. The Tulsa World reports tornados near Wagoner, Red Bird and Porter reached estimated wind speeds of up to 105 mph. The storms uprooted trees, …

Storm Triggered Sensor Halts Texas Roller Coaster, Strands Riders

Six Flags Over Texas says stormy weather including high winds triggered a safety sensor that halted a new roller coaster and left eight riders stranded for hours in its Arlington, Texas, theme park. The 120-foot-tall (36-meter-tall) Joker ride shut down …

Texas Workers’ Comp Research Group Lays Out 2017 Agenda

The Texas Workers’ Compensation Research and Evaluation Group has released its 2017 research agenda, a blueprint for its efforts to provide critical data for decision-makers in the Texas workers’ compensation system, the Texas Department of Insurance reported. The research group requests suggestions …

BenefitMall in Dallas Names Gomes Executive VP, Benefits Sales

Dallas-based BenefitMall, a provider of employee benefits, human resources and payroll products and services, has reappointed Michael Gomes as executive vice president, Benefits Sales Division. Gomes will be responsible for all benefits sales and services, including group, self-funded, senior and individual in …

Oklahoma’s Insurance Commissioner: Phone Scams Targeting Storm Victims

Oklahoma Insurance Commissioner John D. Doak is urging storm victims to be on the lookout for scam artists. The Oklahoma Insurance Department’s Anti-Fraud Division has received complaints about suspicious phone calls to storm victims in Elk City and Perkins. The …

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