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Insurance Journal’s Most Noteworthy Topics of 2020: South Central Region Hurricanes, Hurricanes and Tropical Storms It can’t come as any surprise that hurricanes and tropical storms topped the list of the most read subjects of interest in Insurance Journal’s South Central region. In a North Atlantic hurricane season for the record books there were 30 named storms, of which 12 made landfall in the U.S., five of them in Louisiana alone. While the total insurance price tag for the U.S. storms was $20 billion, the amount was moderate compared to the record seasons of 2005 and 2017, accordin...

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC December 15, 2020 A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is assuming the Alabama and Texas nonstandard auto business of Houston-based ACCC Insurance Co., which was placed into receivership on Oct. 21 at the request of the Texas Department of Insurance. A request for an order of...