Texas / South Central News

Truman Taylor Insurance Closes, Joins Galveston Insurance Associates

Texas Sen. Larry Taylor, president of Truman Taylor Insurance in Friendswood, is closing his agency after 55 years of operation and joining Galveston Insurance Associates (GIA), effective Dec. 15. GIA has been operating on Galveston Island for 125 years and …

Louisiana Citizens Property Insurance Policy Count Continues to Drop

The Louisiana Department of Insurance (LDI) estimates that the state’s property insurer of last resort has gone from the third largest property insurance company to the 35th in 10 years. The eleventh round of depopulation is underway for the Louisiana …

Texas Regulators Say Workers’ Comp Costs Down 63% Since 2005

More Texas businesses are providing workers’ compensation insurance as the cost of coverage continues to decline, according to the Texas Department of Insurance – Division of Workers’ Compensation (TDI-DWC). Premiums have fallen by 63 percent since 2005 as department has …

Arkansas Lawmakers Want Panel to Reconsider Dicamba Ban

Arkansas lawmakers have recommended a regulatory panel look at revising its proposed ban of an herbicide farmers in several states say has drifted onto their crops and caused damage, nearly a month after a maker of the weed killer asked …

Studies: Global Warming Tripled Likelihood of Harvey’s Deluge

Global warming’s fingerprints were all over the record rainfall from Hurricane Harvey this year, confirming what scientists suspected, according to new research discussed on Dec. 13 during the American Geophysical Union meeting in New Orleans. While scientists say man-made climate …

Texas Surplus Lines Stamping Office to Accept ACH Payments in Early 2018

The Surplus Lines Stamping Office of Texas (SLTX) announced it will begin supporting Automated Clearing House (ACH) payments, effective early first quarter 2018, as part of the new electronic filing system that will be released by SLTX next year. Invoices …

Deadline for Louisiana Flood Insurance Proof of Loss Is Dec. 31

The end of the year deadline for National Flood Insurance Program (NFIP) policyholders affected by the flooding in August 2016 of South Louisiana is fast approaching. After six extensions, the deadline for the filing of proof of loss documentation to …

Sommer Named Interim Executive Director at Oklahoma WCC as Bailey Departs

The Oklahoma Workers’ Compensation Commission (WCC) announced that Executive Director Kim Bailey has resigned and Administrative Law Judge Patricia Sommer has been appointed to lead the agency in the interim. Bailey will be leaving her position to accept a critical …

Attorneys, Not Adjusters, Handle Claims at Texas Medical Malpractice Insurer, Capson

Austin, Texas-based Capson Physicians Insurance Co. announced it is providing in-house attorneys, rather than adjusters, to help facilitate claims for insureds. According to Capson Physicians Insurance President and Founder Maury Magids, when a medical malpractice claim is made against a …

Report: Nearly $60M in Texas Windstorm Insurer Hurricane Ike Claims Still Unpaid

The Houston Chronicle reports that several school districts, cities and other government agencies are still waiting for a Texas insurer to pay nearly $60 million in claims from Hurricane Ike, adding to more insurance worries in the wake of Hurricane …

Texas / South Central News Archives by Month