AM Best Upgrades Credit Ratings of Oklahoma Farm Bureau Mutual Insurance Co. March 8, 2022 AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the...
Texas Supreme Court: Anti-Indemnity Act Doesn’t Cover Crane Operator March 8, 2022 The Texas Supreme Court ruled that a Texas Workers’ Compensation Act (TWCA) provision for what constitutes an employee does not...
Rising Mississippi River Bars Most Nearby Construction March 7, 2022 The Mississippi River hit a mark last week that bars most construction work near levees and triggers frequent inspections of...
Austin Officials Approve $3 Million Settlement For Teen Injured by Police March 7, 2022 Austin officials approved a nearly $3 million settlement March 3 for a teen who was seriously injured by police during...
UN Report Details Extent of Climate Change on Gulf Coast March 7, 2022 By Rebecca Santana and Curt Anderson Hurricane Harvey dumped more than 50 inches of rain on parts of the Texas coast in 2017. Then in 2020,...
Texas Workers’ Comp Division Reports 78K COVID-19 Claims March 4, 2022 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) reported more than 78,000 COVID claims and 422 fatalities as...
Texas Man Convicted For Threatening to Extort Insurance Contract March 4, 2022 A 48-year-old Sullivan City, Texas man has admitted to threatening to cancel a contract if he did not receive increased...
Arkansas Teachers Fund Agrees to $643M Settlement With Allianz Over Losses March 3, 2022 A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar...
Gag Order, Diversity of Attorneys Discussed at Astroworld Court Hearing March 3, 2022 By Juan A. Lozano Issues related to media publicity and a gag order as well as a concern over a lack diversity among attorneys...
SafePoint to Assume 24K Louisiana Policies From Americas March 2, 2022 SafePoint Insurance Co. will assume approximately 24,000 homeowners policies in Louisiana from Americas Insurance Co., which was placed into receivership...