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Texas Legislature Forms Committees to Investigate July Deadly Floods

by lpiccitto | Oct 16, 2025 | Uncategorized

Top Republicans in the Texas Legislature have announced the creation of committees tasked with “getting to the bottom of” the July flooding that killed more than 130 people, including 25 young girls and two teenage counselors at Camp Mystic. Lt. …

NAMIC to Federal Lawmakers: Do Your Job on Flood Insurance Program

by lpiccitto | Oct 16, 2025 | Uncategorized

Two weeks into the expiration of the National Flood Insurance Program, one of the insurance industry’s trade associations is once again calling for a reauthorization. The National Association of Mutual Insurance Companies (NAMIC) on Oct. 16 issued a statement directed...

Storm System Threatens Central and Southern US With Hail and Damaging Winds

by lpiccitto | Oct 16, 2025 | Uncategorized

As many as 22 states face the risk for severe thunderstorms, hail and damaging wind gusts over the next several days, meteorologists say. A front over the Central/Southern Rockies is expected to move northeastward, producing showers and thunderstorms over parts...

Marsh McLennan Reports 4% Organic Revenue Growth, Down From Q3 2024

by lpiccitto | Oct 16, 2025 | Uncategorized

Marsh McLennan reports consolidated revenue during the third quarter of $6.4 billion, an increase of 11% over Q3 2024, or 4% on an underlying (organic) basis, down from 5% during Q3 2024. John Doyle, president and CEO, described the Q3 …

TDI Drafts New Rule Requiring Appraisal Provision in Auto and Homeowners Policies

by lpiccitto | Oct 16, 2025 | Uncategorized

The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. The draft outlines appraisal timelines,...
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