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

Everyone Likes a Hard Insurance Market, Right?

What’s the big deal with a hard property/casualty insurance market? Everyone likes one, said Art Davis, president of Colony Specialty, a member of the Argo Group. “You make a lot of money, have good returns.” The problem is, Davis said …

Prevention, Improved Response Stressed in West Explosion Report

Improvements in the response to large, complex fires was just one of the suggestions in a state fire marshal report on the fire and deadly explosion of a fertilizer plant in West, Texas, early in the evening on April 17, …

Texas Bugatti Owner Destroys Vehicle in Insurance Fraud Scheme

A Lufkin, Texas, man has pleaded guilty to federal violations in the Eastern District of Texas, according to an announcement by U.S. Attorney John M. Bales. According to information presented in court, in October 2009, Andy Lee House purchased a …

Louisiana AG Files Suit Against State Farm over Auto Repair Practices

Alleging “a culture of unsafe business practices” in its handling of vehicle repairs, Louisiana’s attorney general has filed suit against insurance giant State Farm. Attorney General Buddy Caldwell’s lawsuit, filed Aug. 19 in the 19th Judicial Court in East Baton …

Texas Woman Pleads Guilty in Crash Staging Case

A 32-year-old Port Arthur, Texas, woman entered a guilty plea in a case involving staged auto crashes and fraudulent insurance claims, according to U.S. Attorney John M. Bales for the Eastern District of Texas. Shawnta Rene Bell Jones pleaded guilty …

People – South Central

The board of directors of the Insurance Agents of Texas (IIAT) announced that David VanDelinder, president and executive director, is retiring from the association effective Dec. 31. VanDelinder has been with IIAT for 32 years. He took over the leadership …

Fertilizer Makers Place Blame on City in West, Texas, Explosion

Two fertilizer companies that sued following a deadly Texas explosion have cited the Texas State Fire Marshal’s report on the West, Texas, explosion in an effort to place blame on the city for failing to properly train volunteer firefighters and …

Oklahoma to Require Earthquake Insurance Education for Producers

Oklahoma Gov. Mary Fallin approved an emergency rule adopted by Insurance Commissioner John D. Doak that requires all licensed producers and adjusters with the property line of authority to complete one hour of continuing education on the topic of earthquake …

Florida Weighs 2.5% Workers’ Comp Rate Decrease

Florida workers’ compensation writers have recommended a 2.5 percent rate decrease for 2015. The Office of Insurance Regulation has received the filing by the National Council on Compensation Insurance (NCCI), which if approved, would mark the first decrease in four …

South Carolina: Kickball Injury Covered by Workers’ Compensation

The South Carolina Supreme Court ruled that an employee injured during a company kickball game is entitled to workers’ compensation benefits. The court found that Stephen Whigham’s kickball injury was covered by workers’ compensation because he was “impliedly required” to …