A judge in Austin, Texas, has ruled that State Farm Insurance Co. must comply with a state insurance department directive to repay policyholders in a long running dispute between the insurer and Texas insurance regulators over alleged overcharges for homeowners …
The Dallas/Fort Worth area is cleaning up after storms rocked the area with major wind and hail damage. The National Weather Service Regional Office in Fort Worth said there were four general areas of damage with the hardest hit regions …
Arthur J. Gallagher Risk Management Services announced that it has added to its sales teams in the firm’s Baton Rouge and Lake Charles offices. In Baton Rouge, the company added Robert Johnston as a sales executive. Johnston most recently was …
Two huge range fires remained out of control on April 11, burning thousands of acres in far west Texas and northwest Texas. Together the fires have consumed more than 150,000 acres. The Rock House Fire in far west Texas started …
Oklahoma City-based privately held independent insurance agency, INSURICA, announced it has acquired Guaranty Insurance Services, headquartered in Plano, Texas. INSURICA President and CEO Mike Ross said the acquisition significantly expands the agency’s market reach and nearly doubles the company’s revenue …
State officials say a federal appeals court ruling in a lawsuit involving the Louisiana Road Home hurricane relief program will allow them to move ahead with grants for about 120 homeowners. On April 8, a federal appeals court in Washington …
Firefighters struggled on April 10 to bring a massive wildfire in the Fort Davis, Texas-area under control. The fire has burned more than 25,600 acres and destroyed an estimated 50 homes. The Fort Davis fire spread from Presidio to Jeff …
Dallas-based insurance brokerage firm Roach Howard Smith & Barton (RHSB) has appointed Tom A. Hughston as its new chief executive officer. Hughston, previously the company’s executive vice president, is an established leader in the industry with an insurance career that …
Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during February 2011 resulted in fines and restitution totaling $920,170. The Texas Department of Insurance announced that the actions included six license revocations and three license denials. Numerous …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) of Louisiana Workers’ Compensation Corporation (LWCC), headquartered in Baton Rouge, La. The outlook for this rating is stable. Concurrently, A.M. Best affirmed LWCC’s issuer credit rating (ICR) …
