Texas / South Central News

Hub International Acquires Texas-based The Transportation Group

Hub International Limited (Hub) has acquired The Transportation Group, LTD (TTG), a Dallas and Houston, Texas-based brokerage firm that specializes in insurance and risk management for the trucking industry. Terms of the acquisition were not disclosed. TTG will become part …

Louisiana Ag Commissioner: Crop Insurance Plans Guaranteed for Floods

Agriculture and Forestry Commissioner Mike Strain D.V.M., said the United States Department of Agriculture (USDA) has guaranteed that Morganza Spillway farmers whose crops have been damaged by flooding caused by the Mississippi River will be eligible for crop insurance payments …

Oklahoma Converts to State Based Systems in June

The Oklahoma Insurance Department (OID) is changing its database systems to State Based Systems (SBS) during the month of June 2011. In order to prepare and complete the implementation, electronic services will have temporary downtime beginning May 27. The department …

Wrotenbery Joins Hub International Rigg in Houston

Hub International Limited (Hub) announced that Tina Wrotenbery has joined Hub International Rigg (Hub Rigg) as a senior employee benefits consultant. Wrotenbery will move into Hub’s existing offices in Houston and will report to Charlie Reynolds, president, Employee Benefits Division, …

Oklahoma Returning Federal Funds for Health Insurance Overhaul

The Oklahoma Insurance Department has formally notified federal officials that it is returning nearly $1 million in federal funds targeted for health insurance rate reviews, Oklahoma Insurance Commissioner John Doak announced. Doak has also urged Gov. Mary Fallin to sign …

A.M. Best Upgrades Ratings of Amerisafe and Subsidiaries

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of DeRidder, La.-based Amerisafe Insurance Group (Amerisafe) and its pool members. Amerisafe includes American Interstate Insurance …

Louisiana Floodwaters Creep Toward Bayou Towns

Waters unleashed by the opening of a key Mississippi River floodway crept through the Louisiana bayou Monday in a surge that could leave thousands of homes and farms under as much as 20 feet of water. The U.S. Army Corps …

Floodway Opening a Blessing for Louisiana Refineries

The opening of a key spillway to relieve flooding along the Mississippi River could create logistical headaches for big Gulf Coast refiners, but will likely spare the lion’s share of the area’s refining capacity from flooding danger. The U.S. Army …

Court Decision Moves Louisiana Closer to Recouping ‘Road Home’ Money

Louisiana may be able to recoup much of the money it handed out following Hurricanes Katrina and Rita in 2005 to help storm victims repair their homes, following a recent ruling by the state’s high court. Under a program known …

Housing Assistance Dollars Heading to Arkansas

About $4.2 million is heading to Arkansas to help with housing and other needs following recent flooding, state and federal emergency management officials said. Housing assistance is provided to individuals, families and businesses in designated-disaster counties whose property was damaged …

Texas / South Central News Archives by Month