Texas / South Central News

Demotech: Louisiana’s Centauri National Insurance to Keep ‘A’ FSR

Demotech Inc. said the Financial Stability Rating (FSR) of A, Exceptional, assigned to Louisiana’s Centauri National Insurance Co. is being sustained based upon its pending acquisition by Avatar Partners LP, parent of Avatar Property & Casualty Insurance Co. Centauri National …

Arkansas’ Kerr Named Chair of NAIC’s Market Regulation, Consumer Affairs Committee

Arkansas Insurance Commissioner Allen Kerr has been named chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC) for 2020. This is the second time Kerr will serve as chair of the …

Mace Appointed Deputy Commissioner of Legal Services at Texas DWC

Kara Mace has been tapped as deputy commissioner for the newly created Legal Services program at the Texas Department of Insurance, Division of Workers’ Compensation. Legal Services will handle rule development, open records, litigation, contracts, subpoenas, and other legal issues …

Texas Mutual: Massachusetts Firm Pleads Guilty to Workers’ Comp Fraud

A Massachusetts company has pleaded guilty in a Travis County, Texas, district court to workers’ compensation fraud, according to Texas Mutual Insurance Co. Texas Mutual says EME International Inc. (EME) of Marblehead, Massachusetts, pleaded guilty to a third-degree felony and …

IMA Texas Expands to Fort Worth; Adds Schuler, Wallace

IMA Inc., a national insurance brokerage firm with offices in Dallas, is expanding to Fort Worth with the addition of two insurance veterans, Trey Schuler and Gavin Wallace. Schuler and Wallace will work in tandem. The pair will serve as …

Texas Insurance Department: Board, Committee Slots Open at SLTX, TWIA

The Texas Department of Insurance is accepting applications for a number of boards and committees, including for the Surplus Lines Stamping Office of Texas (SLTX) board of directors and the Texas Windstorm Insurance Association (TWIA) board. Two public member positions …

Brown & Brown Acquires Assets of Texas All Risk

Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty insurance for businesses and individuals …

Oklahoma Oil Rig Explosion Wrongful Death Trial Begins in Oklahoma

The wrongful death trial against a oilfield equipment contractor in connection with a January 2018 explosion and fire that killed five men in southeastern Oklahoma is underway. The McAlester News-Capital reports that attorneys for the families of Parker Waldridge of …

Catapult Insurance Promotes King, Adds Fisher to Executive Team in Dallas

Catapult Insurance Solutions, a privately held managing general insurance agency and wholesale brokerage based in Dallas, has promoted Becky King to vice president of Underwriting and product manager, and added Steve Fisher as vice president of Business Development. King has …

Stone Named Director of Information & Technology at SLTX

Sholonda Stone has joined the Surplus Lines Stamping Office of Texas (SLTX) as director of Information & Technology Services (ITS). Stone previously served as systems administrator for SLTX from 2013-2017. Since then, she has been a customer support engineer and …

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