Texas News

Texas Man Sentenced, Another Pleads Guilty in Machinery Theft Scheme

United States Attorney Stephanie A. Finley in Louisiana announced that one Texas man has been sentenced and another has pleaded guilty in a scheme to steal tractors and other large equipment and sell the items in Louisiana Vincent L. Simmons, …

If Fracking Is the Question, Insurers May Ask – What Is the Answer?

When it comes to the use of evolving technologies such as hydraulic fracturing, or fracking, in oil and gas production one big question insurance companies are faced with is: to insure or not to insure? That is a key question …

Texas Cliff-Hanging House Set on Fire

Charred debris from a luxury cliff-side home in Texas fell 75 feet into a lake below after fire crews set the $700,000 retreat ablaze rather than wait for it to crumble into the water as the land faltered around it. …

Insurance Capacity for Oil & Gas Is Plentiful but Contract Wording May Be Tricky

The insurance capacity is there to cover the risks associated with the current oil and gas boom in Texas and the nation, experts say, but agents and their customers should be vigilant in their efforts to understand the wording in …

Burns & Wilcox Adds Teel to North Dallas Team

Cree Teel has joined the Burns & Wilcox Brokerage team in North Dallas as vice president and broker. He will work closely with Managing Director David M. Gross to provide expert counsel to clients on oil and gas, environmental, manufacturing …

Abilene, Texas, Hammered by Hailstorm

Up to a dozen people were treated for injuries last night in Abilene, Texas, after a large hailstorm struck the city during a children’s parade and art walk, the Insurance Council of Texas reported. The Taylor County Sheriff’s Office said …

Armstrong Questioned Under Oath in Case Brought by Dallas Insurer

Lance Armstrong, stripped of seven Tour de France victories and banned from professional cycling in 2012, was questioned under oath for the first time since he admitted doping in an Oprah Winfrey interview last year. Armstrong, 42, was deposed in …

TWFG Adds 10 Branch Agencies in Texas

The Woodlands Financial Group (TWFG) has added 10 more branch agencies in its home state of Texas. TWFG now operates with more than 200 branch offices in Texas along with its headquarters in The Woodlands, just north of Houston. It …

Eroding Cliff Leaves Luxury Home Teetering 75 Feet Over Texas Lake

A luxury house has been left teetering about 75 feet above a Central Texas lake since the cliff the home is built on began collapsing. WFAA-TV in Dallas-Fort Worth reported that the house has been condemned and the owners evacuated …

Bingham Joins South Central Unit of All Risks in Dallas

The South Central operation of All Risks Ltd. has added Brandi Bingham as producer in its Dallas office. Bingham joins the South Central operation as a brokerage underwriter and brings proven abilities in sales, marketing and business development. Bingham will …