All the headlines from our Texas Topic Page, ordered by recency.
Mar 1 2021 // It’s likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into the $10 billion to $20 billion range, according to catastrophe modelers and insurance...
Mar 1 2021 // Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared with January 2020, according to the Surplus Lines Stamping Office of Texas (SLTX). Many...
Feb 26 2021 // A Galveston, Texas-based marine services company, will pay $125,000 and furnish significant equitable relief to settle a disability discrimination lawsuit, federal officials say.The U.S. Equal Employment Opportunity...
Feb 26 2021 // A Houston-area woman whose mother and three children were killed during the widespread power outages in Texas says she hopes to use money from a fundraising campaign to increase awareness about fire safety.Jackie Nguyen,...
Feb 25 2021 // While renewable energy sources such as wind turbines and solar panels fuel a fraction of the state’s energy grid, the bulk of Texas’ power is supplied by natural gas, coal and nuclear plants, with natural gas...
Feb 25 2021 // South Carolina Gov. Henry McMaster wants the state’s electric providers to review their power grids to see if they could face problems like what happened in Texas during the recent winter storm.McMaster sent a letter...
Feb 25 2021 // Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and most of it could have been avoided, according to Enki Research disaster modeler Chuck Watson.Arctic cold brought ice...
Feb 25 2021 // Texas state legislators on Thursday begin digging into the causes of deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and utilities ill-prepared for...
Feb 25 2021 // Newly launched specialty lines insurer, Dallas-based Upland Capital Group (Upland), has added an Excess Transportation Liability (XTL) specialty insurance offering targeting fleet sizes up to 250 revenue producing...
Feb 25 2021 // Longtime Texas insurance agency executive, William “Bill” E. Harrison Jr., has been honored by the Big “I” with its Woodworth Memorial Award, the national independent insurance agency...
Feb 24 2021 // A tractor-trailer and a freight train collided Tuesday morning in central Texas, causing a large explosion and fire, authorities said.There were no immediate reports of injuries after the collision in Cameron, about 130...
Feb 24 2021 // Top board leaders of Texas’ embattled power grid operator have resigned following outrage over more than 4 million customers losing electricity during the mid-February deadly winter storm, including many whose frigid...
Feb 24 2021 // Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March.Jennifer Hurless, president of PartnerSource, will continue in...
Feb 23 2021 // A Chambers County, Texas, resident has filed a class-action lawsuit against electricity retailer Griddy, accusing the provider of price gouging customers during last week’s freeze. She is seeking $1 billion in relief...
Feb 22 2021 // Texas ranchers worked overtime to haul water and hay to cattle to keep them alive during a freak winter storm, but some cows succumbed to unusual icy temperatures that also killed chickens, idled meat plants and threatened...
Feb 22 2021 // The mother of an 11-year-old boy who died after they lost electricity and heat in their Texas mobile home during last week’s freeze has filed a $100 million lawsuit against two power companies for gross...
Feb 22 2021 // After the big freeze in Texas comes the big thaw — and the big demand for workers to repair the broken pipes and sagging roofs the retreating ice and snow will reveal.It could take months for contractors to fix the...
Feb 22 2021 // Not only is Tesla moving some manufacturing operations to Austin, Texas, its founder, Elon Musk, is said to be relocating there, and the electric car company will soon be offering its own brand of car insurance in the Lone...
Feb 21 2021 // Insurers could suffer record first-quarter catastrophe losses after the historic Texas winter storm, which crippled the state’s electrical grid and caused extensive property damage including collapsed roofs and...
Feb 19 2021 // U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes stock of its losses from a winter storm that has crippled its electrical grid.Insurers’...