Disaster declaration renewed in Texas as devastating drought persists

Texas Governor Rick Perry has renewed a declaration of disaster regarding the state’s ongoing and costly drought. Last year, the declaration was renewed several times,…

State Farm petitions Texas insurance regulators to deem the state’s wildfires an official catastrophe

Texas has been battling an outbreak of wildfires since the beginning of September. The fires have wrought carnage throughout the state, burning more than 1…

Homeowners may see less coverage following changes made by State Farm

State Farm has announced that it will be making changes to the deductibles in its homeowner insurance, and consumer advocates are concerned that this will…

Texas wildfires wreak havoc on citizens and the insurance industry

Texas is battling a raging wildfire that has broken out in Bastrop, Hays, Travis and Williamson counties. The fires have already scorched more than 100,000…

Slower Winds Bring Hope to Firefighters Battling Texas Wildfires

BOSTON, Sept. 6, 2011 – According to catastrophe modeling firm AIR Worldwide, fire crews in Texas have fought nearly 19,000 wildfires since the beginning of…

Texas drought costing billions in losses

While much of the South in inundated with water, Texas is suffering from one of the worst droughts in recent history. Last week, the level…