Texas / South Central News

Committee Calls for Oklahoma Insurance Exchange

A legislative committee has recommended that Oklahoma create its own health insurance exchange so the federal government doesn’t establish one for it instead. Rep. Glen Mulready, R-Tulsa, said the exchange is a proactive choice, though he said he is hopeful …

Louisiana Citizens Board Offers $103M to Settle Lawsuit

Louisiana’s property insurer of last resort is offering nearly $103 million to settle disputes over its handling of claims after hurricanes Katrina and Rita more than six years ago. The governing board of the Louisiana Citizens Property Insurance Corp. voted …

Texas Regulators Looking at Ways to Restructure Windstorm Pool

Texas insurance regulators are seeking a consultant to explore options for restructuring the insurer of last resort for properties along the Texas coast. The Texas Department of Insurance has issued a request for proposal (RFP) seeking assistance in identifying, evaluating …

TGA Insurance Managers Adds Gallien in Oil & Gas Unit

TGA Insurance Managers Inc., a subsidiary of Texas-based Hallmark Financial Services Inc., has hired Michael Gallien as product manager for its oil and gas program. Prior to joining TGA, Gallien worked at Chartis from 2009 to 2011 as an energy …

2011 an Exceptional Year for Tornadoes

While 2011 marked the fourth deadliest year on record for tornadoes in the United States, Texas was spared tornado-related fatalities and recorded fewer-than-average number of such storms. Not so Alabama, which led all other states in the number of tornadoes …

Yung Named CEO at El Paso, Texas-Based JDW Insurance

W. Martin Yung has been selected chief executive officer for JDW Insurance, headquartered in El Paso, Texas. Yung is a shareholder and a member of the board of directors. He has served as president of the firm since February 2000, …

Louisiana Rig Worker Settles with BP Over Explosion

A Louisiana woman who was a cook on the BP PLC-leased drilling rig that was rocked by a deadly explosion in 2010 has settled her personal-injury claims against the oil giant and other companies involved in the disaster. Oleander Benton’s …

Ex-NFL Players in Louisiana Sue League Over Concussions

Nearly a dozen former National Football League players living in Louisiana have sued the NFL, the latest players to accuse the league of failing to protect players from the risks associated with concussions. Several former New Orleans Saints players, including …

Arthur J. Gallagher Buys Louisiana MGA, First Premium

Global insurance broker Arthur J. Gallagher & Co. has acquired First Premium Insurance Group, Inc. in Covington, Louisiana. Terms of the transaction were not disclosed. Established in 1973, First Premium is a managing general agent and wholesale insurance broker throughout …

La. Settles Federal Lawsuit Over Sexual Harassment

The Louisiana Department of Public Safety and Corrections agreed last week to modify its sexual harassment policies and training as part of a settlement with the Justice Department, which accused the state department of discriminating against an employee who complained …

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