The Strategic Insurance Agency Alliance (SIAA) announced it signed five new member agencies in the South Central region in February. The newly signed agencies are: Pluta Insurance Agency of Irving, Texas; Crump Commercial Insurance Agency of Covington, La.; Advantage Insurance …
Texas lawmakers are seeking to rein in lenders who finance lawsuits. Under a bill considered in the Texas House Committee on the Judiciary and Civil Jurisprudence, the lenders would have to abide by regulations that already apply to many other …
Texas-based CoVerica Inc. announced it has acquired the Pacific Agency Inc., a commercial property/casualty agency that was founded in Dallas 19 years ago. Pacific specializes in artisan contractors, property managers, personal lines and a wide variety of other risks. Long …
Richard “Gordy” Bunch, president and CEO of The Woodlands Financial Group, readily concedes that starting a personal lines-focused insurance business in Texas in 2001 – while the state was in the throes of the “mold crisis” – may not have …
A state senator in Texas is taking the insurance industry to task for what he perceives as its disinterest in coming up with new approaches to solving coastal windstorm insurance issues. In a Senate committee meeting on March 12, Sen. …
Southport Lane, a New York-based private equity firm, completed its previously announced acquisition of Dallas National Insurance Co., a Texas-based property and casualty insurer specializing in general liability and workers’ compensation. Under the terms of the transaction, Southport Lane will …
Long known for its epic weather-related events, a report released today by the National Insurance Crime Bureau indicates that some Texas insurance fraud might also be prompted by weather. Since 2010, questionable roofing claims have increased by 50 percent in …
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has appointed Anthony Gruppo as regional CEO for MMA’s Southwest Hub, effective March 18. He will be based in Houston. Gruppo brings 30 years of insurance industry …
A new Gallup poll reports that Texas has the highest percentage of people ever recorded without health insurance at 28.8 percent. The poll released comes one year after the U.S. Census Bureau reported 24.4 percent of Texans lacked health insurance …
What the TV ads touting Texans’ love of pickup trucks won’t tell you is that so do Texas thieves. Ford, Chevy and Dodge pickups top the Texas Department of Public Safety’s list of most-stolen vehicles last year. The Texas Auto …
