Texas Gov. Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31. “It is imperative for coastal …
Texas-based independent insurance agencies William Gammon Insurance and Higginbotham & Associates have merged. The combined company has more than 500 professionals providing insurance, risk management and employee benefit solutions to clients throughout Texas, the companies’ announcement said. William Gammon Insurance, …
Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and chief executive officer beginning in late July. He will replace current President and CEO Bob R. Fields, who …
The amount the state of Oklahoma pays in liability and property insurance premiums is going down. Department of Central Services Director John Richard announced this week the state has received a $7.8 million credit in premiums for the fiscal year …
The Oklahoma Insurance Department is processing claims from a $51 million settlement of a lawsuit against an insurance company that went under. The Oklahoman reports that money from the settlement will be sent to doctors and other providers that the …
The National Weather Service has upgraded a tornado that tore through central Oklahoma on May 24 to EF-5, the highest rating given to tornadoes. The weather service in Norman said the tornado that started in Binger and traveled 75 miles …
As the rivers running through eastern Arkansas start to recede, residents and farmers are beginning to cope with the aftermath of devastating floods — ruined homes, ravaged farmland and major holes in local budgets. Agriculture is the major industry in …
A federal judge has declined to reduce the $1 million fine and $2 million in restitution he ordered paid by a Colorado company that admitted partial responsibility for the death of a Baton Rouge plant worker. Chief U.S. District Judge …
The Texas Legislature, which adjourned its regular session on May 30, passed a number of bills of interest to the property and casualty insurance industry, including tort reform legislation and a measure requiring that certificate of insurance forms be approved …
A meteorologist with the federal government’s Storm Prediction Center said on May 31 that Oklahoma has seen a greater than average number of tornadoes so far in 2011. Preliminary data from the agency show 63 reports of tornadoes in Oklahoma …
