Social Inflation Lesson: Not Settling Cost Insurer Millions in Suit by Excess Insurer December 23, 2020 By Jim Sams The defense team for Chubb Group’s Ace American Insurance Co. was confident that no jury would award more than $2...
Texas Surplus Lines Stamping Office: Fee Decreases on Jan. 1, 2021 December 23, 2020 The Surplus Lines Stamping Office of Texas (SLTX) is reminding wholesale agents and brokers that the stamping fee for recording...
Combined Losses from Laura and Delta Top $5B in Louisiana December 22, 2020 Reported insured losses from Hurricanes Laura and Delta collectively have topped more than $5 billion as of Nov. 20, the...
Louisiana Virus Rules Dispute Returned to Lower Court December 22, 2020 By Melinda Deslatte The Louisiana Supreme Court on Dec. 21 sent a legal feud between Gov. John Bel Edwards and House Republicans over...
2019 Mississippi River Tanker Accident Caused by Poor Management, Miscommunication December 22, 2020 A fully loaded tanker on the Mississippi River near Reserve, La., caused $40.5 million in damage when it plowed into...
Federal Disaster Aid Approved for Oklahoma Winter Storm Recovery December 22, 2020 Federal disaster assistance has been made available to the state of Oklahoma to supplement state, tribal and local recovery efforts...
Workplace Fatalities Increased By 25% in Texas in 2019 December 22, 2020 The number of work-related fatalities in Texas rose by 25% in 2019. A report on fatal occupational injuries in 2019...
Louisiana Private Employer Work Injuries, Illnesses Down Slightly in 2019 December 21, 2020 Recent Bureau of Labor Statistics (BLS) data show the incidence rate of work-related injuries and illnesses among Louisiana’s private sector...
Judge Gives Oklahoma Bars, Restaurants Temporary Curfew Reprieve December 21, 2020 Oklahoma bars and restaurants have effectively won a temporary reprieve from a curfew that has been forcing them to close...
Through November, Texas Surplus Lines Premium 12% Higher than Last Year December 21, 2020 Texas surplus lines premium recorded by the Surplus Lines Stamping Office of Texas (SLTX) rose to $587.46 million in November....