Quantcast
Channel: Texas Brine Co. – Insurance Journal
Browsing latest articles
Browse All 30 View Live

Louisiana Levies More Fines Against Texas Brine over Sinkhole

The Louisiana Office of Conservation has levied an additional $160,000 fine against Texas Brine Co. LLC. over a massive sinkhole. Commissioner James Welsh said the fine levied Dec. 17 is for continued...

View Article



Texas Brine, Louisiana Agree on Plan to Assess Sinkhole

The Louisiana Office of Conservation has modified orders requiring Texas Brine Co. LLC to assess the status of sediments under an 8.5-acre sinkhole in northern Assumption Parish, prompting the company...

View Article

Seismic Activity Rose, Then Dropped After Louisiana Sinkhole ‘Burp’

Scientists have noticed a recent increase in seismic activity near the 8.5-acre sinkhole at Bayou Corne, and worry that it might grow again, Assumption Parish officials say. The increase was first...

View Article

Louisiana Governor: Texas Brine Agrees to Sinkhole Buyouts

Louisiana Gov. Bobby Jindal says a Texas company blamed for the sinkhole that formed after the collapse of an underground salt cavern has agreed to provide settlement offers, which include buyouts, to...

View Article

Louisiana Sinkhole Expands Again

About 25 trees fell into the Assumption Parish, La., sinkhole and officials say a new crack formed Monday night in a well pad south of the lake-like slurry hole. The Advocate reports experts working...

View Article


Louisiana Lawmakers Seek Better Oversight of Salt Mines

Lawmakers in Lousiana are looking to prevent a repeat of the massive Assumption Parish sinkhole that officials say was caused by a collapsed underground salt cavern – and make sure prospective property...

View Article

Some Louisiana Residents Take Buyouts from Salt Dome Owner

A third of a group of residents evacuated because of an Assumption Parish sinkhole have accepted buyout offers from Texas Brine Co. Company spokesman Sonny Cranch says that as of noon on June 23, 33 of...

View Article

Deadline for Louisiana Sinkhole Buyout Talks Extended

Nearly half of the eligible residents and families directly affected by a Bayou Corne, La,-area sinkhole induced by a Texas Brine Co. salt dome failure last summer have agreed to company buyouts, while...

View Article


Official Claims Louisiana Sinkhole Depth Exceeds Estimates

An official says the deepest part of the 22-acre sinkhole near Bayou Corne, La., is at least 500 feet deep, and not between 110 to 220 feet deep that has been estimated by Texas Brine. John Boudreaux,...

View Article


Louisiana Shuffling Dollars to Pay for Sinkhole

The Louisiana Department of Natural Resources borrowed $8 million from the state treasury to meet the day-to-day expenses of Bayou Corne. Now, that money is almost gone. The Advocate reports DNR’s...

View Article

Texas Brine Sued by Liberty Insurance over Louisiana Sinkhole

One of the insurers for Texas Brine Co. has filed a lawsuit accusing Texas Brine of ignoring warnings about the potential for disaster if it continued mining an Assumption Parish, La., salt dome...

View Article

Texas Brine Draws up New Plans for Louisiana Sinkhole

Records show that Texas Brine Co. has developed a backup plan to replace the cracked southern section of a protective levee surrounding the sinkhole in Louisiana’s northern Assumption Parish and may...

View Article

Texas Brine: Arch Specialty Insurance Should Pay Sinkhole Claims Costs

Texas Brine Co., the company blamed for the Bayou Corne-area sinkhole, has filed a formal complaint with the Louisiana Department of Insurance. The company alleges one of its insurers is not paying up...

View Article


Scientists: New Bubbles at Louisiana Sinkhole Site Could Signal Blast Risk

Authorities say state and parish agencies are testing to see whether newly discovered gas bubbles northeast of the Bayou Corne, La.-area sinkhole are tied to the swampland hole. The Advocate reports...

View Article

Expert: Louisiana Sinkhole Still Growing but Shows Signs of Stabilizing

A leading scientist studying the Bayou Corne-area sinkhole in Louisiana that emerged in an Assumption Parish swamp 18 months ago says the hole has shown signs of stabilizing. The Advocate reports a...

View Article

Browsing latest articles
Browse All 30 View Live




Latest Images