November 21, 2011
Since the beginning of the year, Texas public safety officers have removed more than 66,000 unsafe commercial vehicles and more than 12,000 unsafe commercial drivers from the state’s roadways, the Department of Public Safety reports. Texas Department of Public Safety …
November 21, 2011
Rice growers who lost sales after genetically modified rice seed mistakenly entered the U.S. market five years ago have until today to sign on to a $750 million settlement proposed by the company blamed for the problem. More than 10,000 …
November 18, 2011
A Stigler, Okla., woman, a former insurance agent, has begun serving time in prison for insurance-related crimes uncovered earlier this year, the Oklahoma Insurance Department announced. Oklahoma Insurance Commissioner John D. Doak revoked the insurance license of Amanda Jean Burgess …
November 18, 2011
A new settlement has been reached with Knauf Plasterboard Tianjin (KPT) over defective drywall manufactured by the company in China. The Plaintiffs’ Steering Committee (PSC), the Homebuilder Steering Committee (HSC) and KPT announced that under a new agreement, KPT will …
November 17, 2011
Seven family members, including a former Hidalgo County district court probation officer, have been convicted for their roles in a $3 million scheme to defraud American Family Life Assurance Company (Aflac). In a news release from the U.S. Attorney’s Office …
November 17, 2011
A legislative panel exploring the impact of the new federal health care law on Oklahoma will likely suggest that the state should do the minimum amount required to comply with the act, the committee’s chairman said. State Sen. Gary Stanislawski, …
November 17, 2011
Nearly 11,000 homeowners polices once held by Louisiana’s property insurer of last resort have been absorbed into the private insurance market, state regulators say. Louisiana Insurance Commissioner Jim Donelon announced that in a recently completed fifth annual round of depopulation …
November 16, 2011
Texas-based managing general agency, Van Wagoner Companies, plans to begin selling “monoline” commercial earthquake insurance as a surplus line in Oklahoma, the Oklahoma Insurance Department announced. Van Wagoner’s earthquake insurance will be available in Oklahoma through selected independent agents. Oklahoma …
November 16, 2011
Insurance and risk management students at four Texas universities were recently awarded a total of $40,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend St. Mary’s University in San Antonio, Baylor University in …
November 16, 2011
A Texas appeals court reinstated a couple’s lawsuit against animal shelter that accidentally euthanized their 8-year-old dog, ruling that they can sue to recover the sentimental value of their pet. Randy Turner, the attorney for plaintiffs Jeremy and Katherine Medlen, …