Texas / South Central News

House Lawmakers Kill Louisiana License Plate Reader Proposal

Lawmakers in the House have spurned a proposed program that would allow law enforcement agencies to automatically scan motorists’ license plates. The House and Governmental Affairs Committee voted 7-3 to kill the Senate-backed bill by Lake Charles Sen. Ronnie Johns, …

Martin Picked to Serve as CFO at LCTA Workers’ Comp

Louisiana-based insurance carrier, LCTA Workers’ Comp (LCTA), has hired Christine Martin as chief financial officer (CFO). A certified public accountant, Martin brings more than 20 years of financial management experience to the casualty insurance company. In her new role, Martin …

Investigators: Fraud Schemes Rampant Among Houston Tow Truck Drivers

Houston is a bad place to have to have your vehicle towed, according to law enforcement officials and insurance investigators. There have multiple reports of vehicles being towed and towing services charging victims thousands of dollars to retrieve their cars, …

Oklahoma Commissioner: 4 Insurers Have 55% of Earthquake Market

Data released at a May 24 hearing to determine the competitiveness of earthquake insurance coverage in Oklahoma shows that four insurance companies have 55 percent of the market in the state. That’s a concern for Insurance Commissioner John D. Doak, …

Oklahoma Governor Seeks Disaster Assistance after Severe Weather

Gov. Mary Fallin is seeking disaster assistance for two Oklahoma counties that were hit hard by tornadoes, severe storms and flooding earlier this month. Fallin sought assistance from the U.S. Small Business Administration for Murray and Garvin counties. Damage assessments …

Arkansas Officials Question Health Insurance Rate Hikes for 2017

Arkansas Insurance Commissioner Allen Kerr says he expects to deny several recent requests by insurers to raise rates on individual on-exchange health insurance policies by more than 10 percent for 2017. Under the Affordable Care Act, requests for rate increases …

Candidates for Texas FAIR Plan Association Governing Committee Sought

The Texas Department of Insurance (TDI) is accepting applications for the board that governs the Fair Access to Insurance Requirements (FAIR) Plan, which provides residential property insurance in underserved areas where it’s not readily available through the private market. Applications …

Oklahoma Regulators Warn Insurers on Earthquake Coverage Hikes

Oklahoma regulators grappling with a massive increase in small earthquakes in the state linked to growing oil and gas production said on May 24 they were concerned with spiking rates for earthquake insurance coverage and diminishing competition among insurers. At …

AIA Urges Mitigation, not Regulation to Ease Oklahoma’s Quake Coverage Woes

In testimony submitted to Oklahoma’s insurance commissioner, the American Insurance Association (AIA) has suggested that the state look at mitigation, rather than further regulation of the earthquake insurance market in order to alleviate concerns over lack of competition. Concerned about …

Advocacy Groups Want Stronger Texting-Driving Ban in Oklahoma

Just six months after Oklahoma’s ban on texting and driving went into effect, advocacy groups are calling for even broader measures to curb distracted driving. Oklahoma was among the last states to pass a texting and driving moratorium when the …

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