June 30, 2020
AgencyKPI, which has developed a business intelligence platform designed to address and manage the abundance of data produced by multiple software programs and legacy systems across the insurance industry, has closed on $5 million in Series A funding. The Series …
June 29, 2020
A Houston pharmacist has been sentenced to 10 years in prison in a $21 million workers’ compensation fraud case. George Philip Tompkins, 75, the self-proclaimed “Compound King” and former owner of Piney Point Pharmacy, and his wife, Marene Kathryn Tompkins, …
June 29, 2020
A woman burned down her $1.6 million suburban Fort Worth mansion while trying to destroy documents from her husband’s health care clinic as authorities were investigating the couple for fraud, prosecutors allege. A seven-count federal indictment, filed June 17, charges …
June 29, 2020
Federal officials are investigating an Oklahoma zoo made famous in Netflix’s “Tiger King” series after an animal rights group accused it of neglect. People for the Ethical Treatment of Animals sent requests to the U.S. Department of Agriculture to investigate …
June 26, 2020
A roofing contractor in Noble, Oklahoma, has been charged with four felony counts after allegedly receiving thousands of dollars from Oklahomans in exchange for roofing repairs he never completed, the state Attorney General’s office reported. The four felony counts against …
June 26, 2020
The Independent Insurance Agents of Texas (IIAT) has installed Gaylon Brown of TexCap Insurance in Dallas as the group’s chair-elect for 2020-2021. Brown was named to the post during IIAT’s annual business meeting, which was held virtually on June 10. …
June 26, 2020
Gov. Greg Abbott has taken his most drastic action yet to respond to the post-reopening coronavirus surge in Texas, shutting bars back down and scaling back restaurant capacity to 50%. He also shut down river-rafting trips, which have been blamed …
June 25, 2020
The Surplus Lines Stamping Office of Texas (SLTX) says some elements of its new online filing system, SMART, were released on June 12. Surplus lines agents and brokers who file policies with SLTX using automated filing now have the opportunity …
June 25, 2020
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of MGA Insurance Co. Inc. (MGA), …
June 25, 2020
U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients. A record number of new illnesses …