Combined Agents of America, LLC (CAA), based in Austin, Texas, reported the group wrote more than $414 million in combined property/casualty premiums in 2010 and has increased commercial premium written by 64 percent since 2001. In 2001, CAA wrote $224 …
Amendments to insurance-related legislation in Arkansas will prevent unintended expansion of commercial liability insurance coverage in that state, according to an insurance company trade group. The American Insurance Association (AIA) said it was successful in adding needed amendments to a …
Texas Mutual Insurance Co. reported that a Travis County district court sentenced Gary C. Quintinsky of Houston to a two-year prison term for workers’ compensation fraud-related charges. Upon completion of his state prison term, Quintinsky will serve a 42-month federal …
Dallas-based Towerstone Inc., a wholesale insurance broker and managing general agency, has added Emmanuel Ortiz as account manager and Justin Proctor as account executive. Ortiz will work in Towerstone’s managing general agency division where he will provide diverse market access …
A gain of 3,000 construction jobs from January to February contributed to the largest over-the-year gain in seasonally adjusted nonfarm jobs in Louisiana in more than two years, the Louisiana Workforce Commission (LWC) said. A survey of Louisiana employers by …
Hallmark Financial Services Inc., headquartered in Fort Worth, Texas, announced that its subsidiary, American Hallmark Insurance Co. of Texas, is acquiring TBIC Holding Corp. and its wholly owned subsidiaries Texas Builders Insurance Co. and TBIC Risk Management Inc. The estimated …
The board of the insurer of last resort for property along the Texas coast has named a new acting general manager and is moving forward with a search for an interim general manager. Randy Wipf, a current employee of the …
A Texas Advisory Council on Arson (ATAC) has honored the Austin Fire Department’s Arson Investigations unit with its 2011 Law Enforcement Award. The award is given in recognition of an outstanding effort to achieve excellence in the field of arson …
Gov. Bobby Jindal’s administration in Louisiana is opting out of creating the state insurance exchanges included in the new federal health overhaul, instead deciding the federal government should administer them. State Department of Health and Hospitals Secretary Bruce Greenstein confirmed …
A major New Orleans hospital and the company that owned it have settled a class action lawsuit in the deaths and injuries of patients who were stranded there during and after Hurricane Katrina. The settlement was reached March 23 as …
