Texas / South Central News

Workers’ Comp-Focused Employers Adds 2 Sales Execs in Texas

Susan Watson and Henry Eford have joined workers’ compensation specialty insurer Employers as sales executives in Texas. Watson is sales executive for the Dallas/Fort Worth market. Based in Dallas, Watson brings 20 years of experience to Employers along with valuable …

With 18 Fatalities Arkansas Tops in Flood Deaths Last Year

Eighteen Arkansas residents died in floods last year, the most in any state in the nation but fewer than in the year before, the National Weather Service said. The deaths happened in March through May. Six were in Benton County, …

Oklahoma State Loses Bid to Regain $33M from Insurance Fundraiser

Oklahoma State’s unique fundraiser was expected to bring in hundreds of millions of dollars to fund school sports, based on the idea of purchasing $10 million life insurance policies on about two dozen boosters with the university as a beneficiary. …

LevelFirst Adds 3 Staff Members in Dallas

LevelFirst, a wholesale broker and managing general agency based in Dallas, Texas, announced three new staff additions. Rebecca Verastigui and Dorothy Martinez both join LevelFirst as senior underwriters/producers. Shirley Ann Waldon-Gilder joins the firm as an assistant underwriter. Verastigui brings …

Federal Disaster Audit Recommends Texas Repay $9M

A federal audit has recommended that Texas repay $9 million in alleged overcharges related to administration of hurricane recovery funds. Hurricanes Dolly and Ike hit Texas in 2008. The U.S. Department of Housing and Urban Development has made $1.4 billion …

Texas Mutual Insurance Co. Names Huckaby General Auditor

Workers’ compensation insurance provider Texas Mutual Insurance Co. has named Bill Huckaby as its new general auditor. Huckaby previously served as the company’s senior manager of finance and operations auditing. In his new role, Huckaby will report directly to Texas …

Oklahoma to Adopt ACORD Form for Loss Reporting

Oklahoma Insurance Commissioner John D. Doak announced from the 2012 National Tornado Preparedness Summit his intent to standardize Oklahoma’s insurance industry by utilizing ACORD’s 1 – Property Loss Notice form. “This form will allow citizens to fill out one form …

Jurors: Evidence Overwhelming in Stanford Trial

In the end, the flashy business suits, charming smile, yachts, luxurious private jets and a passion for the sport of cricket couldn’t mask what Texas tycoon R. Allen Stanford actually was: a con man. Jurors who convicted the financier on …

Texas Mutual Rewards 3 Safety Groups with $435K in Dividends

Texas Mutual Insurance Co. announced that three workers’ compensation safety groups have earned a combined $435,324 in dividends. The dividends were based largely on each group’s overall loss ratio. The largest dividend, $261,132, went to the Texas Automotive Safety Group. …

Oklahoma Leaders Shelve Plan for Insurance Exchange

Oklahoma legislative leaders said on March 8 they are shelving a plan to comply with the new federal health care law by setting up a state health insurance exchange. In a joint statement, House Speaker Kris Steele and Senate President …

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