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, …
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 …
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 …
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 …
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, …
The passage of a bill addressing late filing of surplus lines policies in the 2011 Texas legislative session was a victory for surplus lines professionals in the state. Senate Bill 1806 was backed by the Texas Surplus Lines Association, which …
Susan Gropp has been elected president of the Texas Surplus Lines Association Inc. Gropp, executive vice president of Arcana Insurance Services in Dallas, was installed as president of the association for the coming year at its annual meeting on Nov. …
Insurance agents say the recent 5.6 magnitude earthquake in Oklahoma has led many Arkansans to add earthquake insurance to their homeowner policies. The Nov. 5 quake east of Oklahoma City left damage over a wide area and shook much of …
Lighthouse Property Insurance Corp. (Lighthouse), a Louisiana domestic insurance company has acquired the Louisiana homeowners policies of HomeWise Insurance Co., a Florida-based insurer. The terms of the agreement include the transfer to Lighthouse of over 11,000 homeowners’ policies which represent …
A federal jury has awarded a $7 million judgment to the family of a Farmington, Mo., truck driver killed when his vehicle collided with another semi-truck in northern Arkansas. The panel in western Arkansas found in favor of Roger Reagan’s …
