Texas / South Central News

Gardner, Berger Appointed to Louisiana Citizens Property Insurance Commission

Louisiana Gov. John Bel Edwards has appointed Susan Denise Gardner and Eric S. Berger to serve on the Louisiana Citizens Property Insurance Commission. Gardner, of Clinton, is a certified financial examiner and market conduct manager, and the former chief deputy …

The Carlyle Group to Acquire Dallas-Based BenefitMall

The Carlyle Group, a global alternative asset manager, is acquiring Dallas-based BenefitMall, a provider of employee benefits and payroll services to small and medium sized businesses across the U.S., from an investor group led by Austin Ventures. The transaction is …

Best Agencies to Work For South Central: Insgroup — Silver

Prepared for the Future Even before its offices were inundated with 10 feet of water by Hurricane Harvey, Insgroup’s employees were proclaiming the agency’s virtues and lobbying for its inclusion as an Insurance Journal Best Agency to Work For. But …

Oklahoma Joins International Insurance Information Exchange Agreement

The Oklahoma Insurance Department has joined an international supervisory cooperation and information exchange agreement. According to the International Association of Insurance Supervisors (IAIS), since the first jurisdiction was admitted in June 2009, membership in the IAIS Multilateral Memorandum of Understanding …

Texas Governor Calls White House Disaster Aid Bill ‘Inadequate’

Republican Texas Gov. Greg Abbott on Nov. 17 criticized as “completely inadequate” the Trump administration’s $44 billion request to Congress for disaster relief in his hurricane-ravaged state and other areas hammered by storms. The White House shot back that Texas …

Best Agencies to Work For South Central: BKCW — Gold

The Place to Work for Insurance Veterans and Newbies Alike Employees at BKCW say there’s a lot to like at the Central Texas-based insurance agency, including its hiring practices, its friendly culture, its leadership, its outstanding reputation and its growth-with-balance …

Texas Surplus Lines Premium Up 6% for the Year

Texas has recorded $4.6 billion in surplus lines premium through the end of October 2017, a 6 percent increase over 2016, according to the Surplus Lines Stamping Office of Texas (SLTX). Providing an update at the annual meeting of the …

Louisiana Business, Industry Group Names LUBA Workers’ Comp Company of the Year

LUBA Workers’ Comp, a regional casualty insurance company, was named Company of the Year in the 100 employees or less category of the Louisiana Association of Business and Industry’s 2017 Free Enterprise Awards. The awards recognize companies with an unparalleled …

Rate Increases Approved for Texas Automobile Insurance Plan Association

Texas Insurance Commissioner Kent Sullivan has approved changes in the rates for private passenger and commercial automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA), which is the state’s assigned risk plan. The changes, which are effective March …

Texas Weather Forensics Company Unveils Hail Intensity Assessment Product

Plano, Texas-based weather forensics company, Dynamic Weather Solutions (DWS) dba HailStrike, announced the launch of a product that indicates the intensity of hail within an area of a storm. The value of this specified information is that it accurately quantifies …

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