Texas / South Central News

Texas Agents Honor State Lawmakers with Independent Leadership Award

The Independent Insurance Agents of Texas (IIAT) has presented Independent Leadership Awards to the Honorable Kelly Hancock, Texas House of Representatives, and the Honorable John Carona, Texas Senate. With close to 10 terms served in the Texas Legislature between the …

Texas Business Pleads Guilty to Hiding Payroll

A Midland, Texas-based company has pleaded guilty to misrepresenting the payroll of an affiliated firm, according to workers’ compensation insurer Texas Mutual Insurance Co. AB Abatement Inc. of Midland, pled guilty to charges that it misrepresented the numbers of employees …

BP Emails Reveal Company Veiled Spill Rate

On the day the Deepwater Horizon sank, BP officials warned in an internal memo that if the well was not protected by the blow-out preventer at the drill site, crude oil could burst into the Gulf of Mexico at a …

U.S. Supreme Court Refuses to Stop Louisiana Citizens Judgment

The U.S. Supreme Court has refused to stall payment of a $93 million judgment against Louisiana’s property insurer of last resort, a decision that could get money within six months to policyholders who won the lawsuit against the company. The …

Builder Agent Network Expands Program for Texas Construction Industry

Builder Agent Network has launched a product for home building and contractor markets in Texas. The company, which functions as the managing general agency for Builders Insurance Group’s Texas products, will start offering umbrella/excess liability for this segment. The policy …

Texas High Court Reaffirms Bar Against Policyholder Negligence Claims

In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against policyholders. The Port Elevator-Brownsville v. Casados …

Workers’ Compensation on Legislative Agenda for Oklahoma State Chamber

Taxation, workers’ compensation insurance and health care coverage top the State Chamber of Oklahoma’s agenda for the 2012 legislative session that kicks off on Feb. 6. The State Chamber’s business agenda for the Oklahoma Legislature was released on Jan. 30. …

Judge Frees $100M in Louisiana Citizens’ Claims Dispute

The governing board of Louisiana’s property insurer of last resort held a special meeting on Jan. 31 to discuss how to deal with a judge’s order that lifted a freeze on more than $100 million at issue in a long-running …

Arkansas Family Sues Driver, Company Over Teen’s Death

The family of an Arkansas teenager who died after being hit by a tractor-trailer in Texas last year has filed a wrongful death lawsuit against the driver of the truck and his employer. The lawsuit filed in U.S. District Court …

Texas Mutual Pays $450K Dividend to NFIB Construction Group

Texas Mutual Insurance Co. announced a $450,058 workers’ compensation dividend to the National Federation of Independent Business (NFIB) construction safety group. The dividend was based largely on the safety group’s overall loss ratio. Members of the NFIB construction safety group …

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