October 3, 2019
Reported Texas surplus lines premium through the first three quarters of 2019 reached $5.35 billion, a 16.15% increase over the same period in 2018, according to the Surplus Line Stamping Office of Texas (SLTX). Additionally, each month’s recorded premium has …
October 3, 2019
Relation Insurance Services (Relation) has acquired the Tulsa, Oklahoma-based insurance brokerage Premier Consulting Partners LLC (Premier). Founded in 2014 by CEO Russell Brown, Premier offers a full suite of property/casualty insurance, employee benefits, human resources consulting and wealth management products …
October 3, 2019
A rate reduction has been approved for the Louisiana-based auto insurance provider, GoAuto, the Louisiana Department of Insurance reports. The 3.6% rate reduction for GoAuto Insurance Co. impacts 74,000 Louisiana drivers. The newly approved rates will be effective on Oct. …
October 3, 2019
Verisk, which provides data analytics services to the insurance, energy and specialized markets, and financial services industries, has signed a definitive agreement to acquire BuildFax, an Austin, Texas-based provider of property condition and history data, from its shareholders. The majority …
October 2, 2019
U.S. officials say Johnson Controls Inc. (JCI) and ManpowerGroup US Inc. (Manpower) violated federal law when they fired a female employee who complained about sexual harassment at a JCI manufacturing facility in Norman, Okla. According to a lawsuit filed by …
October 2, 2019
Austin-based workers’ compensation carrier, Texas Mutual Insurance Co., is offering a grant of $5 million for policyholders affected by Tropical Storm Imelda. The grant is intended to support the recovery of business operations throughout the Gulf Coast region. The grant …
October 2, 2019
EPIC Insurance Brokers and Consultants has added Pam Stoutenburgh as a principal in the firm’s property/casualty operations. She is based in Dallas. Stoutenburgh reports to EPIC Managing Principal and Director of the Southwest Region KJ Wagner. She will be responsible …
October 1, 2019
The Insurance Council of Texas (ICT), along with insurance industry partners First Alert, Travelers Insurance, State Farm Insurance, Hochheim Prairie and the Association of Fire & Casualty Companies in Texas, will donate over 2,500 smoke alarms to 36 Texas fire …
October 1, 2019
A whistleblower claim brought a $530,000 settlement from a Louisiana hospital. A news release from U.S. Attorney David Joseph says the claim targeted owners and operators of University Health Hospital in Shreveport. The statement says Biomedical Research Foundation of Northwest …
October 1, 2019
Two state officials are optimistic that southeast Texans whose homes were flooded by Tropical Storm Imelda will qualify for federal aid. And since it could be weeks before the destruction is fully inventoried, many leaders continue urging residents to report …