Texas / South Central News

Report Highlights Louisiana’s Tort System as Barrier to Social Mobility

A report published this week by a Washington, D.C.-based think tank ranks Louisiana as the worst state for social mobility, and links the state’s lawsuit abuse climate as a factor for why many residents never get ahead. Archbridge Institute published …

Measles Outbreak Spreads to Central Texas; 5 States Report Outbreaks

Texas, Oklahoma and New Mexico reported new measles cases this week, with the outbreak expanding for the first time into central Texas. Already, the U.S. has more measles cases this year than in all of 2024, the U.S. Centers for …

Deadly Storms Bring Flooding and Destruction to Central US

Deadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking out power to more than 400,000 customers. Record rain fell in Memphis and eastern Missouri overnight and more is expected …

South Texas Storms Expected to Cause Over $100M in Damage

At 2 a.m. Friday, Rick SaldaƱa was traveling back to Edinburg from Mercedes, a city about 26 miles away, in an area known as the Mid-Valley. The roads were flooded. The frontage roads that feed into the expressway resembled lakes. …

TDI to Adopt 11.5% Workers’ Comp Rate Decrease

The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current loss cost level. The …

Severe Storm Threatens Central US With Heavy Rains, Tornadoes

Heavy rain, severe thunderstorms and the risk of tornadoes are threatening more than 40 million people from Michigan to Texas as a slow-moving cold front hovers over the region. There’s a rare high risk for damaging winds and long-lasting powerful …

BlackRock Plans for Texas ETF Amid Its Push Into Lone Star State

BlackRock Inc. is going even bigger in Texas. The world’s biggest asset manager applied for the iShares Texas Equity exchange-traded fund, according to a Friday filing with the Securities and Exchange Commission. The planned ETF would be passively managed and …

J&J Plunges After Plan to Settle Baby Powder Suits Fails

Johnson & Johnson shares fell the most in five years after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The ruling means J&J will have to fight roughly 60,000 claims brought by …

Trial to Determine Who Will Pay $600M in Norfolk Southern Ohio Derailment

Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned. The railroad filed …

Severe Storms Ravage South Texas, Leaving 3 Dead and Hundreds Stranded

Drenching rain along the Texas-Mexico border let up Friday, but rescues were still ongoing a day after severe storms trapped residents in their homes, forced drivers to abandon their vehicles on flooded roads and shut down an airport. Local officials …

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