The Louisiana Workers’ Compensation Corporation (LWCC) announced that it will acquire all of the outstanding shares of Prescient National Insurance Company (PNIC) based in Charlotte, North Carolina. The transaction is an all-cash transaction, which has received regulatory approval and is …
Highstreet Insurance Partners announced today its acquisition of Collum Insurance Group, LLC based in Richardson, Texas. Along with Collum’s 35 years of personal lines expertise, this transaction adds an additional location to Highstreet’s Gulf Region under Gulf Regional President, Vin …
Texas Governor Greg Abbott has a new ambition for the Lone Star State: surpassing France as one of the world’s largest economies. Abbott predicted that economic output in Texas would soon exceed that of the struggling European nation thanks to …
Texas agencies reported 252 new cases of groundwater contamination during 2023 in the Texas Groundwater Protection Committee annual report. The latest report compiles 2,870 open cases of groundwater contamination, some of which date back decades. Nearly every county in Texas …
This story has been edited for clarity. In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not to blame for …
Spot Insurance, headquartered in Austin, Texas, appointed Joel Hamann as CEO. Hamann joined Spot in 2021 and most recently served as vice president of finance. He previously served as director of finance, technology and several other roles at Kohl’s Corporation. …
The Texas Windstorm Insurance Association expects to spend more on reinsurance in 2025 to account for projected policy count and exposure growth and losses to the association’s catastrophe reserve trust fund (CRTF) arising from Hurricane Beryl. TWIA’s board of directors …
More than 100 people working as home care companions will receive their share of nearly $355,000 in back wages and damages after investigations by the U.S. Department of Labor’s Wage and Hour Division of two southern Louisiana home care providers …
CRC Group, one of North America’s leading independent wholesale specialty insurance distributors, has acquired SLB Insurance Group, a binding authority operation with offices in Florida and Louisiana. Founded in 2000, SLB specializes in small to midmarket property and casualty, trucking, …
The Oklahoma Insurance Department is seeking applications from contractors and evaluators to participate in the Strengthen Oklahoma Homes program (SOH). SOH provides Oklahoma residents with grants of up to $10,000 to mitigate their home against wind and hail by adopting …
