March 11, 2019
A San Antonio woman pleaded guilty to fraud after a Texas Department of Insurance (TDI) investigation found she pocketed money from clients who thought they were buying home policies. Cynthia Olague, a former insurance agent, stole premiums from more than …
March 11, 2019
Crews are working on 134 flood control projects as parts of a $2.5 billion bond program approved by Houston-area voters last year in the wake of Hurricane Harvey, officials announced. Another 103 projects are on the drawing board — all …
March 11, 2019
OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a multibillion-dollar lawsuit by Oklahoma’s attorney general accusing them of helping fuel an opioid abuse and overdose …
March 8, 2019
Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk. Additionally, CRC Group has entered into an exclusive partnership with AMRISC LLC to build, develop and underwrite …
March 8, 2019
The U.S. Justice Department and Exxon Mobil Corp have reached a settlement resolving Clean Air Act violations stemming from a 2013 fire at the company’s Beaumont, Texas, refinery that killed two employees and injured 10 others, the department said on …
March 7, 2019
A Spring, Texas, insurance adjuster has been sentenced for stealing nearly $100,000 from the insurance company where he worked, the Texas Department of Insurance announced. Allen Castillo pleaded guilty after an investigation found he authorized payments to a network of …
March 7, 2019
David Stills, vice president, Global Risk Management at Arkansas-based Walmart Inc. has been named to the Risk Management Honor Roll by RIMS, the risk management society. Stills leads a team of over 550 risk management and risk finance professionals who …
March 7, 2019
Sometimes in forecasting tornadoes, you can get everything technically right, and yet it all goes horribly wrong. Three days before the killer Alabama tornado struck, government severe-storm meteorologists cautioned that conditions could be ripe for twisters in the Southeast on …
March 7, 2019
Pharmaceutical companies have asked for a 100-day postponement of an Oklahoma trial accusing them of fraudulently marketing drugs that have fueled the nation’s opioid crisis. Several states have filed lawsuits against drugmakers but Oklahoma’s was the first set to go …
March 7, 2019
Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Peak Financial Group LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not disclosed. Peak Financial Group is an independent firm …