Texas Mutual Insurance Co. announced it has begun distributing about $1.5 million in workers’ compensation dividends among approximately 2,800 new policyholders. The early-qualifier dividends represent the final component of Texas Mutual’s $155 million 2011 dividend distribution, the company said. Approximately …
In light of the increasing number and severity of earthquakes in Oklahoma, state Rep. Mike Shelton said lawmakers need to review disaster preparedness-and-response policies. “I represent much of eastern Oklahoma County where many of these earthquakes have been centered,” said …
American Contractors Insurance Group (ACIG), headquartered in Dallas, has named Michael J. O’Neill as its new CEO, effective Jan.1, 2012. O’Neill will succeed William S. McIntyre in this role. McIntyre, who helped found the company in 1981, will continue to …
About $6.7 million in earthquake insurance is written annually in Oklahoma, state insurance regulators say. Only about 1 percent of homeowners carry earthquake insurance — earthquake damage typically is not covered in homeowners policies. The recent spate of tremblors in …
Halliburton Co. faces lawsuits over groundwater pollution near a now-closed facility in Oklahoma that cleaned missile casings for the U.S. Defense Department during the Cold War, the company said Friday. Halliburton, which now specializes in oilfield services, said one of …
A Shreveport, La., insurance agent has been arrested on charges of insurance fraud and forgery. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Stephanie Losey, 57, on one count of insurance fraud. Additionally, the Louisiana Department of Insurance fraud …
A Texas state lawmaker on Nov. 3 used a Jewish slur during a legislative committee hearing while telling officials not to delay or cheat people out of legitimate property insurance claims. Rep. Larry Taylor, of Friendswood, who leads the House …
A Terrebonne Parish, Louisiana judge has awarded more than $11 million to a Houma family stemming from a dispute over unpaid oil royalties. The Courier reports attorney Michael St. Martin and his wife, Virginia, filed a lawsuit in December 2006 …
Central Oklahoma on Nov. 6 experienced dozens of aftershocks following a magnitude 5.6 earthquake that hit late in the evening on Nov. 5 and the magnitude 4.7 tremblor that occurred earlier on the same day east of Oklahoma City, the …
BP Products North America Inc. will pay the state of Texas $50 million for unlawfully emitting pollutants during and after a March 2005 explosion at the company’s Texas City refinery, according to the Texas Attorney General’s Office. Texas Attorney General …
