Texas Community Shattered by Deadly Tornado
A powerful tornado ripped through the unincorporated community of Laguna Heights near the southern tip of Texas, claiming the life of one person and causing significant damage to residences in its path. The tornado struck before dawn on Saturday, catching residents off guard and leaving a trail of destruction in its wake.
May 15, 2023
Property
Texas
Texas Republicans Push Bills To Limit ESG Influence On Insurers In Defense Of Fossil Fuel Industry
In a bid to protect the thriving oil and gas industry in Texas, Republican lawmakers are expanding their fight against Environmental, Social, and Governance (ESG) policies beyond financial firms, targeting insurance companies as well.
May 11, 2023
Insurance Industry
Legislation & Regulation
Texas
Insurance Fraud Scheme Costs Law Firm, Partners $2M
Louisiana’s Insurance Commissioner has imposed a fine of $2 million on Texas law firm McLenny Moseley & Associates (MMA) and its associated partners for hurricane-related insurance fraud.
May 4, 2023
Fraud
Legislation & Regulation
Litigation
Property
Louisiana
Texas
SpaceX’s Starship Launch Goes Boom
Well, it looks like SpaceX’s Starship had a bit of a rough day. You know that feeling when you’re super excited for a big trip and then your car explodes just a few minutes after leaving the driveway? Yeah, that’s pretty much what happened here.
April 20, 2023
Excess & Surplus Lines
Texas
Growing Insurance Crisis Spreads To Texas
Florida came first. Then Louisiana. Now an insurance crisis that has swept across the Gulf Coast is spilling into Texas, where increasingly scarce property coverage has forced tens of thousands of coastal homeowners to buy policies from a state-chartered insurance program.
April 17, 2023
Insurance Industry
Legislation & Regulation
Texas
Liability Insurance To Deter Police Misconduct: Bad Idea Or Panacea?
We’re familiar with the idea of individual physicians holding their own medical malpractice insurance. A new bill introduced in Texas proposes taking this idea of mandatory professional liability insurance and applying it to police officers.
March 31, 2023
Legislation & Regulation
Liability
Texas
Tornadoes, Gusty Winds Leave Damage Across Central US
Extensive damage has been reported in Texas, Oklahoma and Kansas after a line of severe thunderstorms spawned several tornadoes late Sunday night.
February 27, 2023
Auto
Property
Kansas
Texas
Widespread Power Outages Reported As Deadly Winter Ice Storm Sweeps US
Texans in more than 340,000 homes and businesses braced for near-freezing temperatures without power Wednesday and more than 2,300 flights were canceled amid an unrelenting blast of treacherous, icy conditions and brutal cold that has left at least six dead.
February 1, 2023
Auto
Property
Texas
Homeowner’s Repeated Burst Pipe Damage Claim Denied By Utility Company
San Antonio Water System officials have denied a damage claim filed by a Castle Hills homeowner, despite the same water pipe bursting over and over again in the woman’s front yard.
January 26, 2023
Liability
Property
Texas
Disaster Area Near Houston After Large Tornado Tears Through
Emergency responders in the Houston area say they are responding to reports of damage and stranded motorists after a possible tornado moved through the area Tuesday.
January 25, 2023
Auto
Property
Texas
Texas Bill Seeks To Improve Accuracy Of Repair Estimates
A Texas state representative who has spent years advocating for insurance reform has introduced a new bill that could change the way disputed appraisals are resolved.
January 24, 2023
Auto
Legislation & Regulation
Texas
Insurer Introduces Commercial Parametric Flood Coverage In Five States
Parametric flood insurer FloodFlash has announced that it has entered into the US insurance market.
January 17, 2023
Property
California
Florida
Louisiana
Texas
Virginia
There’s A New Entry In The 10 Most Expensive Hurricanes In U.S. History
Hurricane Ian, which thrashed Florida and the Carolinas last year, has claimed the No. 3 spot in the list of 10 most expensive hurricanes in U.S. history, according to a new report from the National Centers for Environmental Information.
January 12, 2023
Catastrophe
Florida
Georgia
Louisiana
Mississippi
New Jersey
Texas Supreme Court To Decide On ERCOT Immunity From Lawsuits After Deadly Freeze
Lawyers argued before the Texas Supreme Court on Monday over whether the state’s power grid operator should be protected from lawsuits, a question that has become especially important after the deadly February 2021 freeze.
January 10, 2023
Liability
Litigation
Texas
Independent Adjusters In 3 States Accuse Carriers Of Changing Estimates, Fraud
Several adjusters recently told Florida’s House Commerce Committee that insurance carriers changed their estimates on damaged houses, which the committee chairman said should be investigated by the state attorney general since that’s an accusation of fraud.
December 30, 2022
Fraud
Florida
Texas
