Texas News

Otis Appointed CEO of Texas-Based National Lloyds Corp.

Waco, Texas-based National Lloyds Corp., an insurance holding company and wholly owned subsidiary of Hilltop Holdings Inc., hired industry veteran Robert Otis as chief executive officer effective April 1, 2014. Otis joins National Lloyds Corp. from Allstate Insurance where he …

Police Seek Suspects in Rash of Vehicle Fires in Fort Worth

At least nine vehicles have been set on fire in a North Texas neighborhood and police are seeking clues to those responsible for the fiery vandalism. Fort Worth police on April 7 announced the search for suspects in the weekend …

Judge Orders 8 Year Sentence for Arson at San Antonio Denny’s

A man who complained about alleged slow service at a Denny’s in South Texas must serve eight years in prison for starting the restaurant’s Christmas tree on fire. The San Antonio Express-News reports a judge sentenced 25-year-old Christopher Maddocks in …

Fabors Named President of Texas-Based RISC

Dallas, Texas – based RISC announced that Shawn O. Fabors was named president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1, 2014. Staub joined RISC as president in January 2003 after …

Flooded Austin, Texas Homes to Be Demolished

Demolition has begun on some Central Texas homes left unlivable after flooding during deadly fall storms. The Austin American-Statesman reported that crews are concentrating on Onion Creek neighborhoods. Late October and early November flooding caused more than an estimated $100 …

Large Hail, Tornadoes Pound Denton, Texas Area

An outbreak of severe thunderstorms north of Dallas, Texas, on Apr. 4 produced hurricane force winds, tornadoes and hail reported to be as large as grapefruits. Several communities are reporting extensive damage. Severe storms first hit Denton around 4 p.m. …

The Leavitt Group Opens New Office in Houston

The Leavitt Group has opened a new office, Risk Services – Leavitt Insurance Agencies, in Houston. The agency will be co-managed/owned by Vladimir Chemadurov and Rob Eppers. In the South Central region, Utah-based Leavitt Group also has existing offices in …

Hilltop Holdings Inc. to Acquire SWS Group

Hilltop Holdings Inc., a Dallas-based financial holding company with interests in financial services and insurance operations, announced an agreement to acquire SWS Group Inc., a holding company that provides investment and financial services through subsidiaries. SWS Group is also headquartered …

Innocent Joins LevelFirst in Dallas as Associate Underwriter

LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas announced that Kate Innocent has joined the firm as an associate underwriter. Innocent brings over 10 years of insurance experience and holds the CIC and CLCS designations. Her …

Farmers Insurance Looks to Add 200-Plus Agency Owners in Texas

Property/casualty multiline insurer, Farmers Insurance, plans to add 244 agency owners throughout Texas in the coming year. Farmers announced it is offering special incentives to military veterans, reservists and bilingual candidates who can tap the state’s increasingly multicultural consumer markets. …