An insurance agent was sentenced to 20 years in prison Friday for what prosecutors say was an investment scheme involving more than 200 victims in 12 states who have claimed up to $25 million in total losses. Jerry Rose, 48, …
A 16 year old Rockwall, Texas, student has been charged with a first degree felony after setting fire to his grandparent’s home. The suspect remains in detention after confessing to several fires and saying he would set more fires if …
Allan Hildebrand has been appointed executive vice president of Insential Inc., a national wholesale brokerage agency headquartered in Plano, Texas. As a member of the senior management team, Hildebrand will be directly involved with brokerage production, and development of Insential …
Despite a sizable earthquake event in the Midwest on Friday, April 18th, Bloomington, Ill.-based State Farm and Northbrook, Ill.-based Allstate Insurance say they haven’t heard of much damage from the southern Illinois earthquake, where both companies have homeowners insurance customers. …
The Alabama Supreme Court ruled that more than one pharmaceutical company can be tried at the same time in the state’s lawsuit accusing more than 70 drug companies of fraud in overcharging the state’s Medicaid program. The April 18 ruling …
Fort Worth, Texas-based Hallmark Financial Services Inc. plans to repurchase up to one million shares of the company’s common stock in its first ever stock buyback program. Hallmark is the parent company of American Hallmark Insurance Co. of Texas, Phoenix …
A weather service official says witnesses reported seeing a tornado on the ground over the weekend north of the town of Shelby, North Carolina, and there are reports of downed trees and a damaged barn. National Weather Service meteorologist Neil …
Oklahomans should get ready to pay more for insurance because of natural disasters associated with changes in climate around the world, the state insurance commissioner said. Insurance Commissioner Kim Holland told those at the third annual Oklahoma Climate and Loss …
The U.S. Treasury on Monday unveiled proposed new regulations on security reviews of foreign investments in U.S. businesses, saying they aimed to safeguard national security while welcoming foreign investment. The reviews clarify that transactions in which a foreign entity acquires …
A two year battle between insurers and the trial bar has ended with a compromise that insurers say protects consumers. Minnesota Gov. Tim Pawlenty signed on Friday, April 18th first-party bad faith legislation (S.F. 2822), that places limits on efforts …
