Texas / South Central News

1347 Property Insurance, Brotherhood Mutual Partner for Wind/Hail Coverage in Texas

Florida-based 1347 Property Insurance Holdings Inc. is partnering with Brotherhood Mutual Insurance Co. to offer wind/hail coverage in Texas. Under this partnership, 1347 Property Insurance subsidiary, Maison Insurance Co. (Maison), will write supplemental wind and hail policies in alliance with …

Toole Named Board Director at Redpoint County Mutual

Dallas-based Redpoint Insurance Group LLC announced that Michael G. Toole has agreed to join the board of directors of Redpoint County Mutual Insurance Co. Toole will bring over 25 years of experience to Redpoint County Mutual’s board. He currently serves …

IBTX Risk Services Adds Bell as Director of Personal Insurance

IBTX Risk Services, an independent insurance agency based in Dallas, has hired Michael Bell as director of its personal insurance division. Bell brings nearly 25 years of experience in the retail insurance agency system including roles in client development and …

Small Quake Shakes Central Oklahoma

An earthquake has rattled part of central Oklahoma. The U.S. Geological Survey says the 2.8 magnitude earthquake was recorded about 8:13 a.m. Sunday about four miles east-southeast of Jones in Oklahoma County. Geologists say the temblor occurred at a depth …

Heavy Rainfall Impacts Shipping at Oklahoma Port

Heavy rainfall in northeastern Oklahoma has impacted waterway shipping along the McClellan-Kerr Arkansas River Navigation System and the Tulsa Port of Catoosa. Bob Portiss, director at the Port of Catoosa, says shipping ground to a halt along the nation’s most …

Texas Court Approves $84.4M Settlement in Farmers Case

A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The case stems from a 2002 lawsuit by …

Deadline to File Flood Insurance Claims in Oklahoma Extended

Oklahoma’s insurance commissioner says property owners who experienced flood damage during heavy rainfall in May and June have more time to file insurance claims. Commissioner John Doak said the Federal Emergency Management Agency has given National Flood Insurance Program policyholders …

Disaster Aid Approved For More Oklahoma Counties

The federal government has approved disaster assistance for nine more Oklahoma counties following a series of severe storms. Gov. Mary Fallin on Thursday announced that the Federal Emergency Management Agency had accepted her request for aid, raising the number of …

Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group

Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group members’ dedication to making safety a priority …

Redpoint Insurance Acquires Texas’ Safeway County Mutual

Redpoint Insurance Group LLC has acquired Safeway County Mutual Insurance Co. in Dallas, Texas. Terms of the transaction were not disclosed. Safeway County Mutual Insurance will operate under the name Redpoint County Mutual Insurance Co. Redpoint County Mutual will specialize …

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