Texas / South Central News

Frost Insurance Acquires Clark Benefit Group in San Antonio

Frost Insurance Agency Inc., the insurance subsidiary of Frost, has acquired Clark Benefit Group, an independent San Antonio-based insurance agency that specializes in providing employee benefits to small and mid-size businesses. The acquisition was effective May 1, 2011. Making the …

Gov. Fallin Requests Storm Assistance for Oklahoma; Uninsured Losses at $10M

Gov. Mary Fallin is requesting federal assistance for storm-battered Atoka County in southeast Oklahoma where initial damage estimates show more than $10 million in uninsured losses. Fallin has submitted the request to the Federal Emergency Management Agency. If approved, the …

Texas Insurance Veteran Sees Opportunity in Growing Hispanic Market

With 30 years of industry experience under his belt, one Texas-based insurance executive decided it was time to open his own operation to serve the insurance needs of the growing Hispanic population. While Dallas-based Hispanic Affiliates General Agency (HAGA) recently …

Louisiana Insurance Agent Gets Prison in Fraud Case

A 67-year-old Plaquemine, La., insurance agent has been sentenced to more than four years in federal prison for mail fraud that cost several of his insurance clients nearly $1.4 million. U.S. District Judge Brian A. Jackson, of Baton Rouge, ordered …

HCC Insurance Holdings Appoints Williams as President

Houston-based HCC Insurance Holdings Inc. announced Christopher J.B. Williams has been named president of HCC, effective May 1, 2011. In addition, Williams will be appointed to serve as chief executive officer on or before May 31, 2013, the company said. …

Brodbeck Named Trusted Choice Hometown Hero in Texas

The Indpendent Insurance Agents of Texas (IIAT) has named Randy Brodbeck of the Adams Insurance Agency in Johnson City as its newest Trusted Choice Hometown Hero. The Hometown Hero program recognizes Trusted Choice insurance agents who go above and beyond …

Lawmakers Question Louisiana Governor’s Insurance Privatization Plan

Louisiana Gov. Bobby Jindal’s top financial advisor has defended the administration’s proposal to hire a private company to run a state worker and retiree health insurance program, rebutting complaints the privatization would boost health care costs to generate short-term cash …

Storms Leave 5 Dead in Arkansas, All But Wipe Out Town

Even as darkness cloaked Vilonia, people in the central Arkansas community could glimpse hints of the damage from violent storms that left at least five people dead across the state. A tractor-trailer rested on its side. Loose power lines dangled …

New Orleans Construction Product Supplier Settles in Chinese Drywall Suit

A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product. Interior/Exterior Building Supply L.P. and the company’s two primary insurers have reached a settlement in …

Hail Storm Slams Abilene, Brings Some Relief to Wildfire Area

Baseball size hail hit Abilene, Texas, on April 24 causing property damage to vehicles, homes and businesses. Hail fell from a line of storms that passed over the southern half of the city and continued to move eastward all the …

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