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

University of North Texas Scholarship Program to Honor McLendon

A scholarship program for students majoring in risk management, insurance, or financial services at the University of North Texas has been established in honor of Maureen C. McLendon. McLendon, a Dallas-area insurance professional who passionately supported insurance education, passed away …

North Carolina Touts Strong First Year with Captives

In less than a year since its captive-enabling legislation went into effect, North Carolina says it is making progress towards its goal of becoming a leading captive domicile. To date, the North Carolina Department of Insurance said it has licensed …

Roach Howard Smith & Barton Adds Tucker in Fort Worth

Brian Tucker joined independent insurance agency, Roach Howard Smith & Barton, as an assistant vice president in its Fort Worth, Texas, office. As a commercial property and casualty insurance sales executive, Tucker is a fourth generation producer for the agency. …

Texas-Based CAA Welcomes New Agency Member in Kansas

Combined Agents of America LLC (CAA), based in Austin, Texas, added Strong’s Insurance Inc. in Nashville, Kan., as its 52nd member. Specializing in agriculture and oil, the agency was established in 1921 by Earl W. Strong. CAA is a privately-held …

Sedgwick to Acquire VeriClaim, Other T&H Units

Sedgwick Claims Management Services Inc. has agreed to acquire T&H Global Holdings, LLC and its subsidiaries that provide insurance claims services to insurance carriers, insurance brokers, corporations and public entities. The deal includes T&H subsidiaries VeriClaim Inc., VRS VeriClaim U.K. …

Update: Syncora, Detroit Settle; Judge Pauses Bankruptcy Trial Again

U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit’s bankruptcy trial on Sept. 16, giving the last major objector to the city’s restructuring plan time to rework its case. The hearing will be adjourned from Friday and reconvene …

4.2 Magnitude Quake Strikes near Guthrie, Oklahoma

The U.S. Geological Survey has recorded two earthquakes near Guthrie, including a magnitude 4.2 temblor. The USGS said the 4.2 magnitude quake was recorded at 3:08 p.m. on Sept. 15 one mile southeast of Guthrie and a 3.2 magnitude quake …

Workplace Deaths Increase in Indiana in 2013

State officials say the number of workplace deaths in Indiana was up in 2013, but it was still the third-lowest number of fatalities recorded in the past 22 years. The Indiana Department of Labor reports the state had 123 worker …

Export-Import Bank Short-Term Extension Looking Likely

The U.S. Export-Import Bank is likely to have its charter renewed through mid-2015 this week, even though lawmakers in both parties said on Tuesday they see the extension as a second-best solution. Most Republicans said they would support an extension …

CGSC’s Esser on Managing Wholesale Expansion and Growth

Cooper Gay Swett & Crawford’s CEO, Toby Esser, has had a busy year since we last spoke with him at the Reinsurance Rendezvous in Monte Carlo, but the company he heads (CSGC) is moving forward to realize cost savings from …