The Capital One Tower, a 22-story building that has stood tall over Lake Charles for nearly 40 years is still empty nearly a year after Hurricane Laura’s 150-mph winds knocked out windows up and down the building last August. The …
Responding to extreme drought conditions in parts of the country, the U.S. Department of Agriculture (USDA) is authorizing emergency procedures to help agricultural producers. USDA’s Risk Management Agency (RMA) is working with crop insurance companies to streamline and accelerate the …
A Texas man must serve 10 years probation and pay hundreds of thousands of dollars in restitution after fraudulently filing claims for medical tests he was not authorized to perform on workers allegedly including his mother, state insurance regulators say. …
One General Agency (OGA) One General Agency (OGA) in Oklahoma City added four new team members. Jennifer Konemann is the firm’s new workers’ compensation underwriter. She has more than 25 years of experience as a commercial lines account manager. Her …
The Dallas-area owners and operators of two durable medical equipment companies have been convicted on insurance fraud and money laundering charges, the U.S. Attorney’s Office for the Northern District of Texas reported. Federal officials said Leah Hagen, 49, and Michael …
The Arkansas Insurance Department (AID) was an active participant in encouraging state lawmakers to pass legislation this year to adopt the new insurance business transfer model called the Insurance Business Transfer (IBT) Act. The IBT Act will become effective on …
A bulletin released by the Texas Department of Insurance summarizes the changes to the requirements for agent licensing contained in HB 4030, passed this year by the 87th Texas Legislature. TDI outlined the revisions as follows: Increases ethics continuing education …
Louisiana insurance regulators have issued a new advisory letter reminding authorized property/casualty insurers writing in the state about the information they must provide in writing when they issue a renewal notice to commercial policyholders. Advisory Letter 2021-03, issued by the …
Scottish American has acquired Kaliff Insurance of San Antonio, Texas. Terms of the deal were not disclosed. Kaliff Insurance was founded by Morris H. Kaliff in 1917. Today, his grandson Mitchell Kaliff is the third-generation leader of the company. Kaliff …
The Texas Windstorm Insurance Association has begun its annual rate filing process, which will kick off with a July 21 meeting. TWIA’s Actuarial & Underwriting Committee is set to review the rate adequacy analysis prepared by the association’s actuarial staff. …
