Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Energy Services Firm to Pay $39K in North Dakota Racial Harassment Suit
Jul 24 2018 // The U.S. Equal Employment Opportunity Commission says a Texas-based oilfield service company operating in North Dakota will pay $39,900 to settle a racial harassment lawsuit. The EEOC’s lawsuit accused Cudd Energy...
AssuredPartners Acquires Hutson Insurance Group in Texas
Jul 23 2018 // AssuredPartners Inc. has acquired the Hutson Insurance Group located in Plano, Texas. The Hutson Insurance Group is a full-service insurance broker that has served the Plano and the North Texas marketplace for over twenty...
Texas Stamping Office: National E&S Insurance Premium Up 9.4% at Mid-Year
Jul 23 2018 // Excess and surplus lines (E&S) insurance premium recorded by the 15 managing service offices in the United States increased 9.4 percent as of the 2018 mid-year point, the Surplus Lines Stamping Office of Texas (SLTX)...
Baker Appointed Assistant VP at RHSB in Texas
Jul 20 2018 // Texas-based independent insurance brokerage firm, RHSB, has added Mike Baker as assistant vice president. He will be a part of the growing Commercial Property & Casualty sales practice. Baker has over a decade of...
Brown & Brown Subsidiary Acquires Texas MGA and Arkansas Affiliate
Jul 19 2018 // Texas Security General Insurance Agency LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Loving and Etheredge Inc. d/b/a Texas Commercial Insurance Facilities (TCIF) and its...
Texas Insurers’ Trade Group Honors Gerik with Raymond Mauk Award
Jul 19 2018 // The Insurance Council of Texas (ICT) has honored Mike Gerik, executive vice president at the Texas Farm Bureau Mutual Insurance Co., with the 2018 Raymond Mauk Leadership Award. ICT presented the Mauk Leadership Award to...
Explosions, Fire at Texas Gas, Cylinder Company Spur Evacuations but No Injuries
Jul 19 2018 // Authorities say nobody has been hurt in several explosions and a fire at a gas and cylinders company in rural Central Texas. Austin County Sheriff Jack Brandes said the accident at Western International Gas & Cylinders...
Baylor in Texas Settles Suit with Woman Who Accused Players of Rape
Jul 17 2018 // Baylor University has settled a federal Title IX lawsuit brought by a former volleyball player who alleged that she was drugged and gang raped by at least four football players in 2012. Terms of last week’s...
Texas Extends Cut-Off Date for Use of Negotiated Experience Modifiers in Workers’ Comp
Jul 16 2018 // The Texas Department of Insurance has approved a request to extend the use of negotiated experience modifiers in the state’s workers’ compensation system for another year. Without the change, under the NCCI...
Texas Attorney Sentenced for Insurance Fraud Involving Hail Claims
Jul 16 2018 // A former Texas attorney is headed to prison on charges of insurance fraud and barratry for a scheme involving fraudulent lawsuits filed after hail storms, the Texas Department of Insurance announced. A Tarrant County judge...
People
Jul 16 2018 // The Independent Insurance Agents of Texas (IIAT) elected Jeffrey L. Brady of Brady, Chapman, Holland & Associates (BCH) in Houston to serve as IIAT chair for 2018-19. Brady was elected during IIAT’s 121st Annual...
Texas Failing to Enforce Flood Insurance Rules, Newspaper Says
Jul 16 2018 // Texas officials are struggling to enforce part of a flood insurance program requirement that aims to elevate or remove severely damaged properties from flood plains, according to a newspaper investigation. The Houston...
Texas Mutual Announces 2 Workers’ Comp Fraud Convictions
Jul 13 2018 // Texas Mutual Insurance Co. recently announced that Marcos Ricoy of Harlingen, Texas and Enrique Colon of Deer Park, Texas, pleaded no contest to a felony charge of engaging in organized criminal activity involving...
Wrongly Named Suspect in Texas Police Shooting Files Lawsuit
Jul 13 2018 // A man wrongly identified by Dallas, Texas police as a suspect in the 2016 fatal shooting of five officers has sued the city and its police department. The federal lawsuit filed Monday alleges Dallas police detained Mark...
Alliant Acquires CLS Partners in Texas
Jul 13 2018 // Alliant Insurance Services Inc. has acquired CLS Partners in Austin, Texas. Clint Scott, CEO of CLS PartnerS, along with the CLS Partners management team and staff, will join Alliant and continue to service clients from...
Registration Opens for IRMI Construction Risk Conference in Texas
Jul 13 2018 // International Risk Management Institute Inc. has opened registration for the 38th IRMI Construction Risk Conference. The IRMI conference is set for Nov. 4 through Nov. 7 at the Marriott Marquis in Houston, Texas. Roughly...
How One Hedge Fund Has Pursued $360M Financial Fraud Claim Against Big Bank
Jul 12 2018 // When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund...
Texas Extends Use of Negotiated Experience Modifiers in Workers’ Comp
Jul 11 2018 // The Texas Department of Insurance has approved a request to extend the use of negotiated experience modifiers in the state’s workers’ compensation system for another year. Without the change, under the NCCI...
Report: Texas Failing to Enforce Flood Insurance Rules
Jul 10 2018 // Texas officials are struggling to enforce part of a flood insurance program that aims to elevate or remove severely damaged properties from flood plains, according to a newspaper investigation. The Houston Chronicle...
Alliant Acquires Texas Employee Benefits Firm, CLS Partners
Jul 10 2018 // Alliant Insurance Services has acquired the Austin, Texas-based employee benefits and risk management consulting firm, CLS Partners. The Austin-based firm brings a team of more than 50 professionals to Alliant, bolstering...
