Texas / South Central News

Houston to Use $151M for Ike Housing Recovery

Houston leaders have announced $151 million in federal funds will be used to fix years-old housing damage from Hurricane Ike. The September 2008 hurricane devastated Galveston and also spread storm-related damage north to the Houston area. The funding was announced …

Officials Strengthen Insurance Fraud Prosecution in Southeast Texas

Southeast Texas has a new team dedicated to fighting insurance fraud. Texas Department of Insurance (TDI) Commissioner Eleanor Kitzman and Harris County District Attorney Patricia Lykos announced that the Harris County District Attorney’s Office has a new insurance fraud prosecutor …

Louisiana Commissioner: Property Insurance Market Has Recovered

Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state’s property insurance market is “more competitive than ever.” The Town Talk reports Donelon spoke on May 8 to the Alexandria Rotary Club about the recovery of the …

Louisiana Citizens Personal Lines Rates Changes Effective June 1

The Louisiana Department of Insurance has approved changes to the property insurance rate levels for personal lines policies written by Louisiana Citizens Property Insurance Corp. The approved rate changes are applicable to all new business and renewal policies effective June …

BenefitSpecialists Joins Higginbotham Insurance Group

Higginbotham Insurance Group and BenefitSpecialists announced the merger of their operations in Houston. BenefitSpecialists, an employee benefits broker in Houston, will align capabilities with Higginbotham to offer a single source solution for insurance, risk management and employee benefits services. BenefitSpecialists …

Louisiana Lands $2.95M for Return to Work Program

The Louisiana Workforce Commission will receive $2.95 million in federal funds to provide additional services to Louisiana’s unemployed, the U.S. Department of Labor announced. The money will come from a Re-employment and Eligibility Assessment grant, part of $65.5 million to …

Regulators Propose $105K Fine for Hazards at Texas Facility

The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Houston-based AWC Frac Valves Inc. with one willful, six serious and four other-than-serious violations for exposing workers at the company’s Conroe, Texas, facility to multiple safety hazards, including …

Hilltop Holdings, PlainsCapital Corp. Sign Merger Agreement

Hilltop Holdings Inc. a Dallas-based holding company that through a subsidiary provides fire and homeowners insurance to low value dwellings and manufactured homes, and Dallas-based PlainsCapital Corp., the financial services holding company for PlainsCapital Bank, PrimeLending and FirstSouthwest have agreed …

Oklahoma Insurance Agent Headed to Prison for not Filing Tax Returns

An Oklahoma insurance agent has been sentenced to 24 months in federal prison for not filing his federal income tax returns. Barry G. Brockman of Oklahoma City was sentenced for not filing tax returns for the calendar years 2003 and …

2 Texas Firms Receive Safety Awards from Work Comp Regulators

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has recognized Detex Corp. of New Braunfels and James Avery Craftsman Inc. of Kerrville with the Peer Review Safety Program Award. The TDI-DWC Peer Review Safety Program recognizes Texas employers …

Texas / South Central News Archives by Month