The owner of a boat that slammed into a barge at night off the Louisiana coast, killing all five oilfield workers on it, has sued its insurance companies in federal court. Tarpon Rental Inc. says Chartis Specialty Insurance Co. and …
Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. According to the state insurance department, Northbrook, Ill.-based Allstate wants an average 11.3 percent increase for 71,000 homeowners covered by …
With weather forecasters issuing severe weather alerts for Texas as a slow moving cold front rolls across the state, many Texans may be reminded of the natural forces in 2011 that destroyed lives and property in all corners of the …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved 13 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC self-insurance program. These companies collectively employ approximately …
No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier headed to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his …
A federal judge in New Orleans shot down BP’s request to penalize Halliburton for allegedly destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the …
Texas Mutual Insurance Company announced a $267,364 workers’ compensation dividend to the National Federation of Independent Business (NFIB) wholesale/retail safety group. The dividend was based largely on the safety group’s overall loss ratio. Members of the NFIB wholesale/retail safety group …
The Louisiana Supreme Court says it won’t reconsider a $92.7 million judgment against Louisiana’s state-backed insurer of last resort for handling claims too slowly after Hurricanes Katrina and Rita in 2005. Louisiana Citizens Property Insurance Corp. will ask the U.S. …
A new national campaign warning against distracted driving features the story of an Oklahoma City teenager who was killed in a car crash while talking on her cell phone. The U.S. Department of Transportation video featuring Brittanie Montgomery’s story is …
A lawsuit in which Texas accused Johnson & Johnson of plundering the state Medicaid program by overstating the safety of an expensive anti-psychotic drug and improperly influencing officials and doctors to push the medication has been settled for $158 million, …
