Texas / South Central News

O’Hare Joins Texas-based Medicus as Claims Director

Medical professional liability insurance carrier, Austin, Texas-based Medicus Insurance, announced that James O’Hare as has joined the company as Claims director. Prior to joining Medicus, O’Hare was vice president of Claims for Physicians Insurance Co. He has 26 years of …

Oklahoma Tells Actuary to Cease Insurance Company Business

Oklahoma Insurance Commissioner John Doak has told an actuary in his state to stop acting like an insurance company. An emergency cease and desist order against Eagle Actuary Corp. and Terry L. McCrackin for violations of the Oklahoma Insurance Code …

Wildfire Danger Critical in Oklahoma, Texas

Bulldozers and airplanes have been put on alert as Texas faces an increased threat for wildfires. In Oklahoma, that state has experienced the driest four month stretch the Dust Bowl and thousands of acres have burned in the past month …

9 Accused of Staging Auto Wrecks in Louisiana

Nine people have been arrested in the Lafayette, La.-area and accused of staging auto wrecks to collect insurance proceeds. State police say the allegations include preparing and submitting fake medical bills, claiming pre-existing damage on vehicles and exaggerating injuries. Troopers …

Bill to Cap Civil Damages Passed by Oklahoma Legislature

A Republican-sponsored proposal to cap damages for pain and suffering in civil lawsuits to $350,000 headed to the governor’s desk after the Oklahoma Senate approved it on April 4 in a vote mostly along party lines. The House approved HB …

Texas Sees Rise in Workers’ Comp Medical Cost per Claim

Medical costs per claim in Texas rose 8 percent in 2008, after a period of declining costs following reforms enacted in 2001 and 2005, and increased payor focus on managing medical care, according to a study by the Workers Compensation …

Insurance Network of Texas Opens New Location

Insurance Network of Texas has opened a new location in Rockwall, Texas. The Rockwall office is the ninth location for the growing company, which is headquartered in Giddings, Texas. Insurance Network of Texas is an independent insurance agency offering personal …

Investigator Defends Safety Tests in BP Disaster

An investigator who examined the safety device that failed to prevent last year’s BP oil spill said Monday his firm did not skip critical tests under pressure to meet a deadline to file a report on what caused the contraption …

Texas Regulators Settle Race-Based Discriminatory Pricing Case

The Texas Department of Insurance has reached a settlement with Texas Imperial Life Insurance Co. to secure additional benefits to African-American consumers who were historically sold various types of insurance policies at higher rates than policies sold to whites. The …

Ark. Deputy Commissioner Named Outstanding CPA in Government

State Insurance Commissioner Jay Bradford announced that Mel Anderson, the deputy commissioner for Financial Regulation at the Arkansas Insurance Department, has been selected by the Arkansas Society of Certified Public Accountants as its Outstanding CPA in Government for 2011. Anderson …

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