Citing loss development for prior underwriting years, Dallas-based specialty property/casualty insurer Hallmark Financial Services Inc., is exiting its Binding Primary Auto business. The commercial auto product the company is exiting is primary coverage written through brokers, who have binding authority …
Little Rock, Arkansas-based Stephens Insurance LLC (Stephens Insurance), an affiliate of independent financial services firm Stephens Inc., has agreed to divest a substantial portion of its personal lines business to Davis & Haynes Insurance Inc. (Davis & Haynes). Davis & …
Six people were taken to the hospital after a charter bus hit a highway barrier in Houston on Saturday morning and then got stuck on top of it, police said. Police said the bus driver was taken to the hospital …
Legislation that would create the Oklahoma Hazard Mitigation Assessment District Act has passed out of committee and moved to the full House for consideration. The House County and Municipal Government Committee passed House Bill 2776, authored by State Rep. Lonnie …
The owner of an auto body shop in San Antonio, Texas has been sentenced to two years in jail for cashing insurance claim checks without fixing the car he was being paid to repair. The Texas Department of Insurance said …
Until recently, insurtech not only was perceived as a competitive threat to independent agents, there was little startup activity dedicated to tackling the operational needs of insurance agents and brokers. That’s not the case anymore, according to one industry professional …
Jurors in the criminal case against the U.S. arm of a French company on Feb. 27 heard it routinely stored combustible chemicals where floodwaters could reach them and failed to alert emergency workers as toxic fires erupted. Arkema SA’s U.S. …
Service Insurance Holdings, based in Austin, Texas, has made changes to its executive leadership team, completing a long-planned transition to provide executive leadership for all insurance operations. The company provides casualty products and services through its subsidiaries, Service Lloyds Insurance …
Following Hurricane Harvey in late August 2017, the Federal Emergency Management Agency issued three-year group flood insurance policies (GFIPs) to nearly 7,000 households in Texas that were impacted by the storm. FEMA says those policyholders need to plan now for …
Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and The Hearth Group, and that its assets are …
