Insurance Journal » Texas http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Tue, 29 Jul 2014 10:38:14 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.1 Important Facts about Texas Fertilizer Blast May Be Sealed in Lawsuits http://www.insurancejournal.com/news/southcentral/2014/07/28/335940.htm Mon, 28 Jul 2014 16:19:18 +0000 http://www.insurancejournal.com/?p=335940 Valuable health and safety information about the 2013 fertilizer plant explosion in West, Texas, could be hidden from the public forever because a judge has approved confidentiality agreements for more than a dozen lawsuits relating to the case. The agreements …

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Fertilizer Makers Place Blame on City in West, Texas, Explosion http://www.insurancejournal.com/news/southcentral/2014/07/28/335937.htm Mon, 28 Jul 2014 16:17:16 +0000 http://www.insurancejournal.com/?p=335937 Two fertilizer companies sued following a deadly Texas explosion are claiming the small town deserves blame for failing to properly train volunteer firefighters and first responders, who made up most of the 15 people killed by the blast. El Dorado …

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Austin Police Officers Sue for Discrimination After Reassignments http://www.insurancejournal.com/news/southcentral/2014/07/25/335837.htm Fri, 25 Jul 2014 16:49:34 +0000 http://www.insurancejournal.com/?p=335837 Some Austin, Texas, police officers are suing the city for what they say was race and age discrimination in job assignments. The Austin American-Statesman reports 18 officers filed the lawsuit Wednesday. The officers say they were forced out of the …

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Fees Plus Commissions Allowed for Retail Insurance Agents in Texas http://www.insurancejournal.com/news/southcentral/2014/07/25/335814.htm Fri, 25 Jul 2014 16:23:37 +0000 http://www.insurancejournal.com/?p=335814 Retail insurance agents in Texas are allowed to charge certain fees in addition to a commission in relation to selling an insurance policy, but those fees must be disclosed to the customer. “Texas is one of the few states that …

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LevelFirst Adds Taylor as Senior Underwriter/Broker in Dallas http://www.insurancejournal.com/news/southcentral/2014/07/23/335645.htm Thu, 24 Jul 2014 00:34:46 +0000 http://www.insurancejournal.com/?p=335645 LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced Ryan Taylor has joined the company as a senior underwriter/broker. Taylor brings 10 years of wholesale experience to the company. He will be responsible for underwriting all …

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Texas Man to Pay $42.1K Restitution for Home Repair Fraud in Oklahoma http://www.insurancejournal.com/news/southcentral/2014/07/22/335384.htm Tue, 22 Jul 2014 04:43:19 +0000 http://www.insurancejournal.com/?p=335384 After a four-year pursuit, the Oklahoma Attorney General’s Office says it has secured $42,158 in restitution from a Texas man for Oklahoma victims of home repair fraud. The office said that Randy Leroy Madewell of Danbury, Texas, was charged in …

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Greater Texas Insurance Managers and Agency Merges with BKCW Insurance http://www.insurancejournal.com/news/southcentral/2014/07/21/335249.htm Mon, 21 Jul 2014 05:45:33 +0000 http://www.insurancejournal.com/?p=335249 Independent insurance agency BKCW L.P. of Killeen, Texas, and Greater Texas Insurance Managers and Agency of Austin merged operations effective July 1, 2014. Greater Texas Insurance Managers and Agency will continue to do business at its current location on Anderson …

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Rebates, Referrals and Rewards in Texas — What’s OK and What’s Not? http://www.insurancejournal.com/news/southcentral/2014/07/21/335146.htm Mon, 21 Jul 2014 05:19:06 +0000 http://www.insurancejournal.com/?p=335146 What are the rules governing insurance agents in Texas on rebates, referrals and rewards, and why do they matter? For starters, at a minimum, an agent could lose their license for violating rules regarding such activities. And, they could potentially be …

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Trucking Company Owner Pleads Guilty in Missouri to Cargo Theft Scheme http://www.insurancejournal.com/news/midwest/2014/07/18/335245.htm Fri, 18 Jul 2014 16:35:25 +0000 http://www.insurancejournal.com/?p=335245 A Memphis, Tenn., business owner pleaded guilty in federal court to his role in a cargo theft scheme that included a theft in West Plains, Mo. Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that Earl …

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Central Insurance Promotes Mansfield to Regional VP in Dallas http://www.insurancejournal.com/news/southcentral/2014/07/17/335164.htm Fri, 18 Jul 2014 01:03:38 +0000 http://www.insurancejournal.com/?p=335164 The Central Insurance Companies promoted Steven Mansfield to regional vice president of its Southwest regional office in Dallas, Texas. Mansfield replaces Tim Rauch, who has been promoted to vice president of marketing in the group’s home office in Van Wert, Ohio. …

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Denton, Texas, Rejects Partial Fracking Ban http://www.insurancejournal.com/news/southcentral/2014/07/17/335072.htm Thu, 17 Jul 2014 16:19:40 +0000 http://www.insurancejournal.com/?p=335072 The council governing a North Texas city that sits atop a large natural gas reserve rejected a bid that would have made it the first city in the state to ban further permitting of hydraulic fracturing in the community. Denton …

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CPro Associates Spin-Off Concentrating on Commercial Insurance Business http://www.insurancejournal.com/news/southcentral/2014/07/16/334793.htm Wed, 16 Jul 2014 16:08:59 +0000 http://www.insurancejournal.com/?p=334793 Dallas-based CPro Associates has spun off its binding authority and programs unit as a new company, B&H Risk Services Inc., headed by William E. Buckley. Buckley joined CPro in late 2013 to form and develop the new business unit. B&H focuses …

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7 More Small Earthquakes Shake Central Oklahoma http://www.insurancejournal.com/news/southcentral/2014/07/15/334637.htm Tue, 15 Jul 2014 16:30:08 +0000 http://www.insurancejournal.com/?p=334637 The U.S. Geological Survey on July 13 recorded seven small earthquakes shaking central Oklahoma in a span of about 14 hours. The temblors are part of an increase in earthquakes across Oklahoma, Texas and Kansas that some scientists say could …

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Austin-Based Service Lloyds Insurance Co. Promotes Collier, Kearbey http://www.insurancejournal.com/news/southcentral/2014/07/15/334626.htm Tue, 15 Jul 2014 16:08:08 +0000 http://www.insurancejournal.com/?p=334626 Austin, Texas-based Service Lloyds Insurance Co. announced changes to its management team. G. Steven Collier has been named vice president of underwriting. Collier is a senior-level executive with over 34 years of success in all facets of insurance and risk …

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Iowa Agent Gets 41 Months in Prison for Defrauding Insurance Companies http://www.insurancejournal.com/news/midwest/2014/07/15/334623.htm Tue, 15 Jul 2014 16:05:19 +0000 http://www.insurancejournal.com/?p=334623 A former Des Moines, Iowa, insurance agent was sentenced to 41 months in prison for insurance fraud, the Iowa Insurance Division announced. Melissa Ilene Williams, of Dike, Iowa, also was ordered to pay restitution for fabricating and submitting life insurance …

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Texas-Based Insurance Agency Aggregator, CAA, Grew by 21% in 2013 http://www.insurancejournal.com/news/southcentral/2014/07/14/334508.htm Mon, 14 Jul 2014 16:54:49 +0000 http://www.insurancejournal.com/?p=334508 Austin, Texas-based Combined Agents of America LLC (CAA) announced that through organic and membership growth the insurance agency aggregator grew by 21 percent in 2013. CAA wrote more than $707.8 million in property/casualty premium in 2013, compared to $566.7 million …

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Texas Oil and Gas Regulator Asks City not to Ban Fracking http://www.insurancejournal.com/news/southcentral/2014/07/14/334495.htm Mon, 14 Jul 2014 16:10:28 +0000 http://www.insurancejournal.com/?p=334495 The head of the agency that regulates the oil and gas industry in Texas is asking officials of Denton in North Texas to withhold support from a grass-roots petition advocating a ban on hydraulic fracturing within the city limits. The …

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USG Insurance Services Adds O’Bier in Arlington, Texas Office http://www.insurancejournal.com/news/southcentral/2014/07/11/334376.htm Fri, 11 Jul 2014 16:23:33 +0000 http://www.insurancejournal.com/?p=334376 USG Insurance Services Inc., a national wholesaler and MGA, has added Stephanie O’Bier as an associate producer/broker in its Arlington, Texas, office. O’Bier most recently held the position of senior underwriter at Macchia General Agency. Past positions include junior underwriter …

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TWFG Top 2014 Branches, Agents Honored http://www.insurancejournal.com/news/southcentral/2014/07/10/334307.htm Thu, 10 Jul 2014 22:32:39 +0000 http://www.insurancejournal.com/?p=334307 Texas-based The Woodlands Financial Group (TWFG) honored the top branch offices and agents from across the network of more than 300 insurance agencies affiliated under the TWFG Insurance Services umbrella with awards. The Personal Lines Agent of the Year recognition …

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Central Texas Home an Example of the Benefits of Building Stronger http://www.insurancejournal.com/news/southcentral/2014/07/09/334138.htm Wed, 09 Jul 2014 16:39:46 +0000 http://www.insurancejournal.com/?p=334138 A home in Burnet County, Texas, that was picked up and carried 100 yards by a tornado last month, was reinforced according to its owner, Trenton Ashworth. The National Weather System reported that the EF-2 tornado that hit the Texas …

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12 Companies Approved to Self-Insure for Workers’ Comp in Texas http://www.insurancejournal.com/news/southcentral/2014/07/09/334119.htm Wed, 09 Jul 2014 16:04:09 +0000 http://www.insurancejournal.com/?p=334119 The Texas Division of Workers’ Compensation (DWC) approved 12 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the DWC Self-Insurance Program. These companies collectively employ approximately 36,678 employees in …

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Beacon Hill’s South Central Texas Office Moves http://www.insurancejournal.com/news/southcentral/2014/07/02/333692.htm Wed, 02 Jul 2014 21:14:42 +0000 http://www.insurancejournal.com/?p=333692 Beacon Hill Associates Inc.’s South Central office has moved to Houston, Texas. The centrally located Houston office at 20333 State Highway 249, Suite 315 allows better access to the firm’s group of agency partners in the region. Beacon Hill provides …

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All Risks Taps Julien as California Workers’ Comp Underwriter http://www.insurancejournal.com/news/west/2014/06/30/333338.htm Mon, 30 Jun 2014 20:58:19 +0000 http://www.insurancejournal.com/?p=333338 Danielle Julien has been hired by wholesaler All Risks Ltd. as a workers’ compensation brokerage underwriter located in San Diego, Calif. Julien will write workers’ compensation business with retail agents in California, Arizona and Nevada. Julien has eight years of …

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Purchase Brings Ratings Review of Louisiana’s Imperial Fire and Casualty http://www.insurancejournal.com/news/southcentral/2014/06/30/333280.htm Mon, 30 Jun 2014 16:36:58 +0000 http://www.insurancejournal.com/?p=333280 A.M. Best has placed under review with positive implications the financial strength rating (FSR) of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of Imperial Fire and Casualty Insurance Company (Imperial) of Opelousas, La. The under review with positive implications …

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Floor Collapses at Texas Home, 36 Taken to Hospitals http://www.insurancejournal.com/news/southcentral/2014/06/30/333273.htm Mon, 30 Jun 2014 16:26:49 +0000 http://www.insurancejournal.com/?p=333273 A floor collapsed under a large crowd of people gathered for a religious event at a suburban Houston home, sending three dozen people to hospitals, though most suffered minor injuries, authorities said. The collapse occurred while as many as 125 …

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262 People Hurt in Last Year’s Fertilizer Blast in West, Texas: Report http://www.insurancejournal.com/news/southcentral/2014/06/26/333055.htm Thu, 26 Jun 2014 16:40:21 +0000 http://www.insurancejournal.com/?p=333055 A health report on the impact of the West fertilizer plant explosion says 262 people were injured in the blast. That’s in addition to the 15 people killed by the April 17, 2013, explosion. The report was released June 24 …

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Big Texan Steak Ranch Settles Labor Dispute for $800K http://www.insurancejournal.com/news/southcentral/2014/06/25/332901.htm Wed, 25 Jun 2014 16:14:37 +0000 http://www.insurancejournal.com/?p=332901 The Big Texan Steak Ranch in Amarillo, Texas, has paid $800,000 to settle a Labor Department dispute alleging the restaurant took too much of a bite out of tips to workers. On June 23, the department announced the agreement with …

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Central Texas Derailment Caused Chemical Leak http://www.insurancejournal.com/news/southcentral/2014/06/24/332811.htm Tue, 24 Jun 2014 16:44:23 +0000 http://www.insurancejournal.com/?p=332811 Eight Union Pacific cars overturned in Central Texas and at least one tanker leaked a hazardous chemical used in natural gas processing. The Grimes County Sheriff’s Office says nobody was hurt in the June 23 derailment near Navasota. Authorities are …

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Texas Man Sentenced, Another Pleads Guilty in Machinery Theft Scheme http://www.insurancejournal.com/news/southcentral/2014/06/20/332582.htm Fri, 20 Jun 2014 16:20:05 +0000 http://www.insurancejournal.com/?p=332582 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, …

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If Fracking Is the Question, Insurers May Ask – What Is the Answer? http://www.insurancejournal.com/news/southcentral/2014/06/19/332281.htm Thu, 19 Jun 2014 05:41:11 +0000 http://www.insurancejournal.com/?p=332281 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 …

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