January 10, 2014
The former workers’ compensation claims chief for the Texas Association of School Boards admits to stealing more than $500,000 from the group’s insurance fund. Federal prosecutors say Herman G. Wilks pleaded guilty on Jan. 8 in Austin to 10 mail …
January 10, 2014
AssuredPartners Inc., through its Dawson Companies platform, has acquired Leonard Insurance Services, an Ohio-based agency that specializes in commercial, personal, life and health insurance, employee benefits, financial planning and surety programs for contractors. Since its founding in 1904, Leonard Insurance …
January 10, 2014
Attorneys for Oracle Corp. are asking a Delaware judge to order an insurer to pay $20 million to cover attorney fees related to the proposed settlement of a shareholder lawsuit. The lawsuit challenged Oracle’s 2011 acquisition of Pillar Data Systems, …
January 10, 2014
A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration next month. The mission of the Texas …
January 10, 2014
The freezing weather really hit home with Alabama Gov. Robert Bentley. Bentley said this week that his private home in Tuscaloosa has an estimated $50,000 in damage after a water pipe froze and burst in the attic. Bentley says the …
January 10, 2014
A new report says Florida has the nation’s second-highest rates of residential properties that were deeply underwater last month. The research firm RealtyTrac said that just over a third of Florida’s residential properties were deeply underwater, where the property value …
January 10, 2014
Federal environmental regulators will start requiring oil and gas operations off the Southern California coast to report chemicals discharged into the ocean from fracking. The U.S. Environmental Protection Agency on Thursday published the requirement in the federal register, and will …
January 10, 2014
Middletown, R.I.-based OceanPoint Insurance Agency announced that it has acquired Raymond Insurance of Coventry, R.I., to expand insurance services in the state’s West Bay area. Kim Raymond, principal of Raymond Insurance, has accepted the position of vice president of West …
January 10, 2014
Fifteen months after Superstorm Sandy pounded New Jersey, the state has distributed nearly half the $1.8 billion in initial funding it received from the federal government, the state’s community affairs commissioner told lawmakers Wednesday. At a state Assembly hearing, Community …
January 10, 2014
Mississippi lawmakers say they want to reduce the number of former inmates who return to prison after serving time. However, one state representative said ex-felons could have trouble finding jobs because of workers’ compensation insurance policies that companies carry. Many …