IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the senior underwriter at Burns & …
A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional. The U.S. Court of Appeals for the Fifth Circuit determined that U.S. District Judge Lee Yeakel of Austin erred in …
The Texas Windstorm Insurance Association (TWIA) announced it has purchased $636 million in reinsurance protection. The policy will cover losses that exceed the $1.6 billion in funds estimated to be available from the Association’s Catastrophe Reserve Trust Fund and bonds. …
State senators in Louisiana have subpoenaed Gov. Jindal’s administration, seeking a report about the governor’s efforts to hire a private company to run a state worker health insurance program. The Senate and Governmental Affairs Committee approved the issuance of the …
A day after two unarmed Louisiana insurance fraud investigators were gunned down while looking into a case, the state insurance commissioner said that his department may have their agents carry weapons. Kim Sledge and Rhett Jeansonne had been on what …
MarketScout, a Dallas-based electronic insurance exchange with managing general agent (MGA) and wholesale operations, appointed Jay Chase as executive vice president in addition to his current role as chief underwriting officer at MarketScout. Chase’s career spans more than 25 years …
Oklahoma Insurance Commissioner John Doak has requested that the state’s attorney general determine whether a 2010 bill increasing the costs of driving records was properly enacted by the Legislature. The bill increased the cost of obtaining a motor vehicle report …
Texas-based The Woodlands Financial Group announced it is continuing to expand operations across the country with the opening of four new branch locations. Noel Sanchez has opened a new branch in San Mateo, Calif. Sanchez joined TWFG with 14 years …
An Oklahoma construction contractor has been charged with taking payments to repair roofs damaged by recent tornadoes and strong storms, then failing to perform the work. Six felony counts of violating the Oklahoma Consumer Protection Act were filed Monday in …
A Texas House of Representatives committee has approved big changes to the insurance authority that covers coastal properties for wind and hail. The House Insurance Committee passed a bill overhauling the Texas Windstorm Insurance Association. Gov. Rick Perry put the …
