Texas / South Central News

LDI Urges Residents to Check for ALE Coverage Ahead of Hurricane Francine

The Louisiana Department of Insurance issued guidance for residents who have a homeowners policy with Additional Living Expenses (ALE) coverage ahead of Hurricane Francine. ALE coverage pays for additional living expenses like hotel stays and food while a policyholder’s home …

Hurricane Francine Bears Down on Louisiana With Dangerous Winds

Hurricane Francine is closing in on Louisiana with high winds and dangerous storm surge, picking up speed as it nears the coast. Francine is a Category 1 hurricane with top winds holding steady at 90 miles (145 kilometers) per hour, …

Francine Strengthens to Hurricane as It Barrels to Louisiana

Francine strengthened into a hurricane and is expected to make landfall in Louisiana Wednesday after causing some offshore oil platforms to be shuttered, but it will likely miss major natural gas export plants. On its current track, Francine could graze …

Tropical Storm Francine Churns Toward Louisiana as Path Shifts

Tropical Storm Francine is set to become a hurricane Tuesday as it churns toward Louisiana after shifting east, forcing some oil drillers to halt production but following a path that will likely avert key natural gas export plants. On its …

Residents in Louisiana City Still Recovering From 2020 Hurricanes

LAKE CHARLES, La. (AP) — Every other day Lois Malvo waits for her son to bring six buckets of water from a spigot in the backyard. He then bathes his 78-year-old mother using water heated on the stove and washes …

Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding

Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding round. The investment round was co-led by Zeal Capital …

Tropical Storm Francine Strengthens, Spurring Oil Shutdowns

Tropical Storm Francine strengthened as it moved north in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US Coast Guard warned shippers of approaching gale-force winds. Francine is expected to …

People Moves: Lovett Joins Fideles Advisors as Chief Systems and Distribution Advisor

Lovett Joins Fideles Advisors as Chief Systems and Distribution Advisor Fideles Advisors, headquartered in San Antonio, Texas, appointed Tim Lovett chief systems and distribution advisor. Lovett’s expertise spans technology orientation and implementation, operational strategy, and business model development within the …

Hertz Tower Demolition Marks End of Hurricane-Damaged Landmark in Lake Charles

BATON ROUGE, La. (AP) — An abandoned, 22-story building in Lake Charles, Louisiana — once an icon in the city that became a symbol of destruction from hurricanes Laura and Delta — was imploded Saturday after sitting vacant for nearly …

Strengthening Gulf Storm Could Slam Texas, Louisiana Coasts

A storm system in the Gulf of Mexico is forecast to strengthen into a hurricane early this week, bringing heavy rain, damaging winds and potentially life-threatening storm surges to parts of the Texas and Louisiana coastlines. The system is forecast …

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