Monthly Archives: <span>February 2014</span>

Texas-Based MHBT Recognized as Top Performing U.S. Insurance Brokerage

MHBT Inc., headquartered in Dallas, Texas, was recently recognized as the “Top Performing Agency” in the country in its revenue category in a report by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting, an Atlanta-based management …

People – South Central

Combined Agents of America LLC (CAA), with headquarters in Austin, Texas, hired William H. (Bill) Wade II as director of carrier relations and program management. Wade has more than 40 years of experience in the insurance industry and holds the …

Study Looks at Options to Depopulate Texas Coastal Wind Insurer

Loss exposure for Texas’ wind and hail insurer of last resort along the coast increased by around 319 percent between 2005 and 2012 – from $23.26 billion to $74.17 billion, and its policy count grew by approximately 243 percent – …

Insurer Group: Texas Auto, Homeowner Complaints at a Record Low

In 2013, Texas drivers and homeowners filed the fewest number of complaints against their insurance companies since the Texas Department of Insurance (TDI) began keeping records, the Insurance Council of Texas reports. According to TDI’s Consumer Protection division, there was …

Obituary

Lyle Ashley Lyle Ashley, decorated Navy veteran, insurance agency founder, and well-respected Texas insurance professional, passed away Jan. 24. Ashley, 69, received The Vietnam Service Medal with two bronze stars for his service with the U.S. Navy during the Vietnam …

Texas Adopts Rules for Health Insurance Exchange Navigators

The Texas Department of Insurance (TDI) issued final rules that it says will strengthen protections for consumers who seek assistance from federal health benefit exchange navigators. The rules do not apply to licensed insurance agents. “These rules will help ensure …

Louisiana Citizens Insurance Appealing Order to Return Application Fees

Louisiana Citizens Property Insurance Corp. is appealing an order to return $16 million to homeowner customers who, for years were charged a $65 application fee without their knowledge. Louisiana Citizens is the property insurer of last resort in Louisiana. Insurance …

Oklahoma DPS: December Traffic Fatalities Half That of Previous Year

The Oklahoma Department of Public Safety says there were half as many fatalities in December 2013 versus the same month in the previous year. There were 33 fatalities on Oklahoma roadways in December 2013 compared to 66 in December 2012. …

Texas Troopers Make Hundreds of DWI Arrests over Holidays

Texas troopers made nearly 1,500 drunken driving arrests during the recent holidays. The Texas Department of Public Safety announced the numbers for the increased enforcement from Dec. 13 through Jan. 21. A Texas Department of Transportation grant helped fund additional …

Storm Advance Warning System Undergoing ‘Slight’ Changes

The nation’s Storm Prediction Center intends to broaden its advance warning system for severe weather after finding that days it labeled with a “slight risk” turned out to be pretty nasty. State emergency managers say they’re already attuned to bad …