Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies July 16, 2024 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board...
CenterPoint Sued Over Hurricane Beryl Power Outages in Houston July 16, 2024 By Madlin Mekelburg A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint...
Hub Acquires Swanson Insurance Agency in Louisiana July 15, 2024 Hub International Limited announced the acquisition of the assets of Swanson Insurance Agency, Inc. & Swanson & Associates, Inc. (collectively,...
After Beryl, Houston Area Farmers Come Together to Face Unique Challenges July 15, 2024 By Melina Walling and Juan A. Lozano PORTER, Texas (AP) — Hurricanes cause trouble for everyone, but farmers have a whole other list of problems. Beryl has...
Texans Endure Second Week Without Power After Hurricane Beryl July 15, 2024 By Jaden Edison, The Texas Tribune and Pooja Salhotra, The Texas Tribune CHANNELVIEW — Juan Piñón’s long-sleeve black shirt and forest green pants were soaked. He used a shovel to scrape concrete...
Hurricane Beryl: Insurers See Minimal Impact, Brace for Active Season July 12, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...
Texas Steel Plant Fined $269K for Endangering Workers July 12, 2024 Two years after the U.S. Department of Labor added Kyoei Steel LTD to its program for severe violators of federal...
Half a Million Will Be Under Houston Outages a Week After Beryl July 12, 2024 By Kevin Crowley and Naureen S. Malik Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest...
People Moves: Rice Joins Alliant Insurance Services’ Employee Benefits Team July 11, 2024 Brandon Rice joined Alliant Insurance Services, based in Irvine, California, as a vice president for its employee benefits group. Rice...