All the headlines from our Texas Topic Page, ordered by recency.
Aug 28 2017 // Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking...
Aug 28 2017 // Catastrophic flooding triggered by Tropical Storm Harvey inundated Houston on Sunday, forcing residents of the fourth most populous U.S. city to flee their homes in boats or hunker down in anticipation of several more days...
Aug 28 2017 // The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, advocacy groups said.The...
Aug 28 2017 // Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, said an insurance research group on Sunday.As heavy rain pounded Houston and...
Aug 27 2017 // Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Hurricane Harvey pounds the region with torrential rain and high winds, virtually assuring gasoline prices will rise in the storm’s...
Aug 27 2017 // Hurricane Harvey rolled over the Texas Gulf Coast on Saturday, smashing homes and businesses and lashing the shore with wind and rain so intense that drivers were forced off the road because they could not see in front of...
Aug 27 2017 // Teams of insurance adjusters were mobilized Friday in Texas cities closest to Hurricane Harvey’s expected path of destruction.Hurricane Harvey made landfall late Friday evening as a category 4 hurricane. According to...
Aug 27 2017 // Bonds tied to weather risks tumbled the most in seven months as Hurricane Harvey advanced on Texas’s Gulf Coast.The Swiss Re Cat Bond Price Return Index dropped 0.44 percent this week, the steepest decline since...
Aug 26 2017 // Early this morning, Hurricane Harvey weakened to a category 1 hurricane as it moved farther inland over southeastern Texas. It continues to bring “life-threatening storm surge, rainfall, and wind hazards to portions...
Aug 26 2017 // Harvey became the strongest hurricane to hit Texas in more than 50 years, making landfall in the heart of the U.S. energy sector and bringing the danger of a life-threatening storm surge.Harvey came ashore as a Category 4...
Aug 25 2017 // With Hurricane Harvey threatening the Texas coastline, A.M. Best said it has begun to assess the potential financial impact this event may have on the U.S. property/casualty (P/C) industry.The most recent track of Harvey...
Aug 25 2017 // The National Hurricane Center has called off the hurricane watch from Port Mansfield, Texas, south to the mouth of the Rio Grande, but the Hurricane Harvey scenario for Corpus Christi and the surrounding areas on the...
Aug 24 2017 // The National Hurricane Center says Harvey is now a hurricane in the Gulf of Mexico with sustained winds of 85 mph and higher gusts.At 1 pm CDT, the hurricane was located around 335 miles southeast of Corpus Christi, Texas,...
Aug 24 2017 // The Texas Windstorm Insurance Association said it has initiated its catastrophe plan and that it is ready for Tropical Storm Harvey.Tropical Storm Harvey has crossed the boundaries of 80 degrees west longitude and 20...
Aug 23 2017 // Harvey, which could strengthen into the first hurricane to strike Texas since 2008, forced workers off Gulf of Mexico platforms, sent cotton rallying and has airlines preparing for flight disruptions.Tropical Storm Harvey,...
Aug 23 2017 // Ratings agency, A.M. Best, has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” to Starr Specialty Insurance Co. (Starr Specialty),...
Aug 23 2017 // The National Hurricane Center has issued a storm surge watch for Texas coast from Port Mansfield to High Island and a hurricane watch from north of Port Mansfield to San Luis Pass.The government of Mexican government also...
Aug 22 2017 // Kevin Balke turned his SUV southeastward, checked his instruments and confirmed he was ready. Nearly a mile of concrete stood before him with plenty of room to run, but he wouldn’t need all of it to prove his point...
Aug 21 2017 // Seeman Holtz Property & Casualty Inc. has acquired Agency Acquisitions LLC, headquartered in Arlington, Texas.Agency Acquisitions specializes in trucking insurance. Seeman Holtz said the acquisition will add a niche...
Aug 21 2017 // Morse Insurance Agency Inc. has acquired Quaglia Insurance in Attleboro, Mass.As part of the transition, Quaglia’s Attleboro office will be closing. However, Stacy Quaglia, daughter of Quaglia Insurance Owner Larry...