Texas / South Central News

New Orleans Firm Settles Suit Over Decade-Old Gulf Oil Leak

Environmental groups and a New Orleans company that failed to end a decade-old oil leak in the Gulf of Mexico have reached a settlement agreement in a lawsuit over the slow-motion spill. Taylor Energy Company said it has agreed under …

Slape, Brady Named Deputy Commissioners at Texas DOI

Texas Insurance Commissioner David Mattax announced two key executive positions on his staff. Doug Slape will become deputy commissioner for financial regulation, and Kevin Brady was named deputy commissioner for agency affairs. Slape replaces Danny Saenz, who is retiring after …

Florida-Based Advanced E&S Group Opens Dallas Office

Advanced E&S Group, a Florida-based managing general agency, has hired April Moeser, branch manager, and Lisa Sherman, underwriting, to facilitate the opening of the firm’s new branch office operations in Dallas, Texas. The Dallas office will work closely with retail …

Dallas-Area Restaurant Settles Pregnancy Discrimination Suit for $20K

Arthur’s Restaurant and Bar, a fine dining steakhouse and lounge in Addison, Texas, a suburb of Dallas, will pay $20,000 to a former cocktail server to settle a pregnancy discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), …

Louisiana’s Bayou Chene to Get Permanent Flood Control Structure

Funds from the settlement over BP’s Gulf of Mexico oil spill in 2010 will be used to construct a permanent flood control structure in Bayou Chene. The Courier reports the structure will protect St. Mary and several other parishes, including …

Arkansas to See Max 7.15% Rate Hike in Health Marketplace in 2016

Arkansas’ insurance commissioner says health insurance rates on the state’s marketplace will increase by no more than 7.15 percent next year. The Arkansas Insurance Department approved the 2016 rates for companies participating in Arkansas’ health insurance marketplace, which was established …

IBHS: After Katrina, Roofing Regulations Stronger on Gulf Coast

According to new research by the Insurance Institute for Business & Home Safety, stronger building codes and standards, along with more stringent requirements for inspections, building permits, and contractor licensing, all have contributed to safer, stronger roofs in coastal Alabama, …

Palmer & Cay Re-Enters Texas, Taps McClure as President

Independent insurance broker Palmer & Cay has re-formed operations in Dallas, Texas, and named Howard H. McClure III as president of Palmer & Cay of Texas LLC. Georgia-based Palmer & Cay first entered the Texas market in 1999 but the …

Hurricane Katrina: The Numbers Tell Their Own Story

In a 25-year span leading up to 2005, homeowners insurers in Louisiana wrote a total of $13 billion in homeowners insurance premium, from which they earned $1 billion in profit, according to the chief actuary at the state insurance department. But …

Lodge Joins Roach Howard Smith & Barton as AVP

Lynn Lodge joined Texas-based independent insurance brokerage firm Roach Howard Smith & Barton as assistant vice president of Employee Benefits. In her role as account executive for the Employee Benefits department, she is responsible for supporting new business production through …

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