Texas / South Central News

AM Best Upgrades Rating of Texas Hospital Insurance Exchange

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Texas Hospital Insurance Exchange (THIE), based in Austin, Texas. The outlook of the Long …

Texas McDonald’s Franchisee Settles Sex Harassment Lawsuit for $340K

A McDonald’s franchise owner with locations in Texas pay $340,000 and furnish other relief to settle a federal sexual harassment lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) alleged in its lawsuit against Credle Enterprises LLC, which does business as …

Texas Agency RHSB Adds Ausmus as Account Manager, Personal Client Services

Dallas-based independent insurance brokerage firm RHSB (Roach Howard Smith & Barton) has hired Cindy Ausmus as account manager in its Personal Client Services department. Ausmus replaced long time employee Liz O’Neall who retired in September. Ausmus has over 30 years’ …

5 Quakes, Including 3 of Mag 3.6, Struck Oklahoma Last Week

The U.S. Geological Survey reports five earthquakes, including three of magnitude 3.6, were recorded in Oklahoma and felt in Kansas and Texas. One of the 3.6 magnitude earthquakes took place late Thursday night while the other two occurred Friday afternoon. …

Oklahoma AG to Appeal Judge’s Opioid Ruling in J&J Case

Oklahoma Attorney General Mike Hunter says he plans to appeal a judge’s order directing consumer products giant Johnson & Johnson to pay the state $465 million to help address the state’s opioid crisis. Hunter said the judge’s final order only …

Pankotai Joins IMA in Dallas as Team Sr. VP, Director of Client Services

IMA Inc., a national insurance broker specializing in property/casualty insurance, employee benefits and surety bonds, has added Donna Pankotai in its Dallas office as team senior vice president and director of Client Services within its property/casualty division. With more than …

Texas-Based Sales and Marketing Company to Settle Disability Lawsuit for $2.65M

A Plano, Texas-based international sales and marketing company that provides food demonstrators to major American retailers and warehouse stores, will pay $2.65 million and furnish other relief to settle a federal disability discrimination lawsuit. The U.S. Equal Employment Opportunity Commission …

EPA Eases Safety Requirements Enacted after Texas Fertilizer Plant Explosion

Days before President Barack Obama left office in 2017, the U.S. Environmental Protection Agency finalized a rule aimed at preventing tragedies like the 2013 explosion and fire in the tiny Central Texas town of West that killed a dozen first …

Next Level Insurance Agency’s O’Connell Elected President-Elect of NAIFA-Texas

Next Level Insurance Agency CEO Danny O’Connell has been elected president-elect of the National Association of Insurance and Financial Advisors – Texas (NAIFA-TX) for 2020. He will continue to lead the organization as president in 2021. O’Connell has been on …

One Critically Injured in Fire at Texas Oilfield Site

One person was seriously injured in a Midland, Texas, explosion and fire on Thursday involving several storage tanks and a truck used in oilfield operations, city and hospital officials said. The fire was contained at the property owned by petroleum …

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