Texas / South Central News

Marsh & McLennan Agency Acquires Prescott Pailet Benefits in Dallas

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Prescott Pailet Benefits LP (PPB), a $6 million employee benefits broker based in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 2006 …

Insurer Questions Coverage for Jilted Football Player’s Engagement Ring

A jilted professional football player has filed a lawsuit to compel the safe return of the $76,000 engagement ring he offered in a marriage proposal-by-mail. An insurance company investigation determined the bauble was in the possession of the wide receiver’s …

Frierson Named Young Agent of the Year by Texas Independent Agents

Matt Frierson, a partner at Pierson and Fendley Insurance Agency in Paris, Texas, was named the André P. Juneau Young Agent of the Year by the Independent Insurance Agents of Texas. Frierson has served on both the young agents and …

Officials: East Texas Fire Destroyed $2M Worth of Timber

More than $2 million worth of timber was destroyed in June in Jasper County, where thousands of acres were ravaged by just one wildfire. The Powerline Fire burned for more than a week, scorching nearly 4,200 acres, threatening 500 homes …

West Honored with Political Action Award by Texas Agents Group

Scott West, owner of Pathfinder Insurance Agency in Houston, was honored as the Paige Eiland Political Action Award winner by the Independent Insurance Agents of Texas. West has chaired his local association’s political action committee, helped drive both the agenda …

Certificates of Insurance, Staff Leasing Bills Signed by Texas Governor

Texas Gov. Rick Perry in mid-June signed a measure backed by agents groups that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of insurance coverage. The governor also signed a bill requiring …

Report Shows Oklahoma’s Economy Continues to Expand

Oklahoma’s treasurer says the state’s economy continues to improve at an “accelerating pace,” with gross receipts for the month of June outpacing last year’s collections by more than 15 percent. Figures released July 5 by Treasurer Ken Miller show gross …

Feds Intervene in Lawsuit over FEMA Contract

The Justice Department has intervened in a whistleblower lawsuit that accuses a New Orleans, La., construction company of submitting forged records so it could cash in on a $28 million federal contract for work on government-issued trailers after Hurricane Katrina. …

Crump Insurance Services Adds Crowson to Dallas Team

Crump Insurance Services Inc. has expanded its production team in Dallas by hiring Deana Crowson. Crowson has joined the Crump Dallas office as vice president – Property and Casualty broker. A former Crump employee, she returns after spending the past …

Texas Independent Agents Honor Brady with Top Award

Tim Brady, chairman and former CEO of Brady, Chapman, Holland and Associates in Houston, was named the 2011 Drex Foreman Award winner at the Independent Insurance Agents of Texas’ 114th Annual Conference & Trade Show in Houston. Brady began his …

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