Here’s to ruffling feathers: Indeed, entities do exist in the insurance industry that do not look after their customers adequately. Carriers also exist that scrimp on claims, and some take shortcuts in underwriting, capitalization and accounting. One can complete an …
With a growing number of apps and on-demand services, millennials in particular love ordering take-out food from their favorite restaurants. But as more restaurants expand services into delivery, risk managers must be mindful about vehicle exposures and aggressively manage not …
The difference between where your agency is today and where it will be in five years from now is in direct proportion to your ability to develop your sales team. That’s a mantra that I ask every one of my …
Oklahoma has a new vendor for licensing exams for insurance professionals and bail bondsman. The Oklahoma Insurance Department (OID) reported that Prometric will develop and deliver exam content for all of OID’s statewide licensing examinations. Oklahoma requires insurance professionals and …
The deadlines for a Texas Windstorm Insurance Association (TWIA) policyholder to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. The new deadline is 180 days from the day …
As of April 17, the fifth anniversary of the fertilizer plant explosion that claimed 15 lives in the town of West, Texas, no one had been arrested and charged with setting the fire that led to the blast, the Insurance …
An attorney in Grand Prairie, Texas, has been sentenced to 120 months in federal prison and ordered to pay $26,572,458.93 in restitution for his role in a workers’ compensation fraud scheme. Federal prosecutors say that from July 2011 to September …
A North Texas-based insurance agency that operates nationally via a dual corporate/franchise model is planning on expanding following its April 27 initial public offering (IPO). Goosehead Insurance, headquartered in Westlake, Texas, raised $85 million with the IPO, selling 8.5 million …
Kristi Koncaba, president and chief operating officer at Texan Bank, has been appointed to the board of directors for workers’ compensation insurer, Texas Mutual Insurance Co. Koncaba has 15 years of experience in commercial banking, including co-founding both Family Bancorp …
The Surplus Lines Stamp-ing Office of Texas (SLTX) says the number of surplus lines policies filed after the filing deadline has decreased since the start of the SLTX late filers outreach program last year. In 2017, 993 brokers filed 489,540 …
