Texas News

Ratings of Texas-Based National Lloyds, American Summit Affirmed

A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of “a” of Texas-based National Lloyds Insurance Co. (National Lloyds), and its affiliate, American Summit Insurance Co. (American Summit). The outlook for …

Medical Marijuana Discussion Comes to the Texas Legislature

Calling it “an historic moment” medical marijuana advocates praised the filing of what has been deemed comprehensive medical marijuana legislation in the Texas House. Introducing the legislation at a press conference on March 17, Rep. Marisa Márquez said “it’s time …

Mullis Newby Hurst Adds Reed as Account Executive

Texas-based Mullis Newby Hurst LP, which specializes in construction insurance and surety bonds in the Southwest, recently hired Doug Reed as an account executive. Previously Reed was director of business development for Chem Can Services LLC and a financial representative …

One Killed by Falling Beams After 18-Wheeler Hits Texas Bridge

One man was reported killed and three injured on March 26 after a tractor trailer truck hit the FM 2484 overpass bridge on Interstate 35 in Central Texas, causing beams to fall on the traffic below. The bridge near the …

Recall for Texas-Based Blue Bell Ice Cream Products Expanded

Federal authorities say Brenham, Texas-based Blue Bell is expanding the recall of some ice cream products because of possible exposure to the listeria bacteria. Blue Bell is recalling 3-ounce cups of chocolate, strawberry and vanilla ice cream that have tab …

Construction Firm Hit with $79.9K Fine for Excavation Hazards in Houston

Federal safety officials have fined SER Construction Partners Ltd. $79,900 for three safety violations at a site in Houston, Texas. SER Construction Partners Ltd. based in Pasadena, Texas, specializes in heavy civil construction and employs about 370 employees. The Occupational …

Texas Leads the Way in Work Zone Crashes, Fatalities

Texas by far had the most work zone crash fatalities of any state last year and the state’s transportation department is urging drivers to slow down and pay attention. Work zone crash fatalities in Texas rose to 146 last year, …

Crack on Texas Cliff Where House Fell Puts Homes, Boaters at Risk

Steve Mellgren’s worries began when a chunk of land near his house crumbled down a cliff, leaving his neighbor’s palatial home dangling above a lake before a demolition crew sent it tumbling into the water. One year after the incident …

Wells Fargo Insurance Names Meuse to Lead National Cross-Sell Team

Wells Fargo Insurance, part of Wells Fargo & Co. has appointed industry veteran Kristine Meuse to lead cross-sell efforts for its insurance brokerage and consulting (IBC) division. She is based in Dallas. Meuse will work closely with Wells Fargo’s corporate …

Hallmark Insurance Group Ratings Affirmed, Outlook Still Negative

A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the members of Fort Worth, Texas-based Hallmark Insurance Group (Hallmark Group). Additionally, A.M. Best has affirmed the ICR of …