MarketScout, an electronic insurance exchange with supporting wholesale and managing general agent (MGA) operations, has expanded its staff with three new hires. All will be located in MarkeScout’s Dallas headquarters. Chyrel Tebrugge joins MarketScout as production underwriter for the energy …
A new report says an organization representing Louisiana racing horse owners and trainers used money earmarked for medical, pension and workers’ compensation benefits for expensive lobbying efforts and lavish trips to international beach resorts. The audit of the Louisiana Horsemen’s …
Arthur J. Gallagher & Co. announced it has acquired Meyers-Reynolds & Associates Inc., a retail insurance broker headquartered in Oklahoma City, Okla. Terms of the transaction were not disclosed. Formed in 1985, Meyers-Reynolds & Associates (MRA) provides commercial property/casualty insurance …
The Texas Attorney General’s Office is suing companies from Texas and Georgia accused of misleading mostly Hispanic consumers by selling a dietary supplement under a name similar to the Spanish translation of a widely used antibiotic. The lawsuit filed May …
Two lawsuits have been filed on behalf of more than 250 West Texas residents against four companies they contend contaminated their Midland-area neighborhood with hexavalent chromium. According to court documents obtained by the Midland Reporter-Telegram show the residents want compensation …
The Texas Department of Insurance says a recent industry survey shows that many life insurance companies place policy proceeds into Retained Asset Accounts (RAAs) instead of paying proceeds directly to the beneficiaries. The department is encouraging policyholders to carefully read …
Gov. Mary Fallin’s desk in the next stop for legislation that strengthens Oklahoma’s law regarding operation of a boat while under the influence. The measure by Tulsa state Sen. Bill Brown lowers the legal blood-alcohol concentration for boating under the …
In the aftermath of devastating April storms, the Arkansas Insurance Department has issued a 60- day moratorium on the cancellation/non-renewal of insurance policies for the non-payment of premiums for Arkansans residing in storm impacted areas. This moratorium applies to all …
State officials say Louisiana was hurt more than other states by the Deepwater Horizon oil spill, and so should get more money than other states from companies responsible for the disaster. Garret Graves, who leads the state Coastal Protection and …
The severe drought ravaging Texas and other parts of the U.S. Southwest is getting worse, weather experts said Thursday, and little respite is in sight for farmers, ranchers and others whose livelihoods and properties are suffering. The latest report from …
