Archive for June 2016

In 18 years, Southeast Texas resident Art Myrick says he’s been ordered or asked to evacuate his home near the Brazos River about 20 times, but he didn’t always do so and the house never flooded – until now. Flooding … Source: Claims Journal

The Texas Windstorm Insurance Association (TWIA) announced it is in its strongest-ever position for this year’s hurricane season with $4.9 billion in total funding available to pay claims. The funding level is sufficient to cover a 100-year storm season and … Source: Claims Journal

Publicly available data on how ridesharing drivers truly fare versus average American drivers is limited. Even the U.S. insurance industry, which has responded well to ridesharing over the past 18 months, lacks insights into ridesharing drivers’ risk profile. Aite Group’s … Source: Claims Journal

A large catastrophic hurricane in 2016 would likely promote a shift towards positive pricing movement following years of property insurance pricing declines in the U.S. property/casualty market, according to Fitch Ratings’ 2016 annual hurricane season reference report. However, abundant available … Source: Claims Journal

Four automakers are selling new vehicles with Takata airbag inflators even though the devices are potentially defective and likely to be recalled within a few years, according to a Senate report. Some Fiat Chrysler, Mitsubishi, Toyota and Volkswagen vehicles from … Source: Claims Journal

Egypt said Wednesday that a French ship has picked up signals from deep under the Mediterranean Sea, presumed to be from one of the black boxes of the EgyptAir plane that crashed last month, killing all 66 passengers and crew … Source: Claims Journal

The Colorado Supreme Court ruled Tuesday that avalanches are among the “inherent dangers of skiing” so ski resorts can’t be held liable for people killed by slides within their boundaries. The 5-2 ruling came in a lawsuit brought by the … Source: Claims Journal

A Baton Rouge lawmaker’s bid to create payment plans for people struggling to pay unpaid fines from lapsed car insurance coverage is headed to the governor’s desk. With a 94-0 vote Tuesday, the House gave final passage to the bill … Source: Claims Journal

During my first decade of practicing law in Texas, I enjoyed a good professional relationship with Texas Governor Greg Abbott. In those days, Abbott, who is my age and earned his law degree one year after me, was a young … Source: Claims Journal

Motor vehicle crashes (MVCs) are the leading cause of death among U.S. teens. In 2012, 184,000 young drivers were injured in MVCs, and 23 percent of young drivers (15 – 20 years old) involved in fatal MVCs had consumed alcohol. … Source: Claims Journal