Texas / South Central News

Texas-Based Agents Alliance Services Adds 9 Agencies

James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson Insurance Services LLC of …

Oklahoma Physician, Hospital Settle Fraud Case for $1.5M

State and federal officials say an Oklahoma hospital and physician have agreed to a $1,550,000 payout to settle a health care fraud case. Sanford C. Coats, U.S. attorney for the Western District of Oklahoma, and Oklahoma Attorney General Scott Pruitt, …

Watkins Elected President of the Independent Insurance Agents of Texas

The Independent Insurance Agents of Texas (IIAT) elected Patrick Watkins, president of Watkins Insurance Group in Austin, to serve as president for 2012-2013 during IIAT’s 115th Annual Conference and Trade Show in San Antonio. Beginning his duties on Sept. 1, …

Suit Accuses Louisiana Companies of Exploiting Workers

A group of Filipino guest workers who allege in a lawsuit that their Louisiana-based employers subjected them to inhumane working and living conditions claim company officials have threatened some of them with deportation unless they drop the case. A federal …

Texas Insurance Commissioner: Problems with Wind Insurer not New

Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John Smithee, chairman of the House …

Dallas Hailstorm Loss Estimate Drops Below $1 Billion

Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week. The Insurance Council of Texas, via …

Chubb Expands Wildfire Defense Services in Texas

The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record. The free loss-prevention service is now available to Chubb homeowner …

Stanford’s Lawyers Plan to Appeal 110-Year Sentence

Former billionaire Allen Stanford was sentenced in Houston to 110 years in prison on July 14 for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean. His attorneys …

U.S. Settles Lawsuit Against Christus Spohn Health System Corp.

Federal prosecutors say a Texas-based hospital system has paid millions of dollars to settle a false claims lawsuit. Christus Spohn Health System Corp. has paid the United States more than $5 million to settle allegations regarding violations of the False …

Texas Attorney Convicted of Paying Bribe Money to Judge

A South Texas attorney has been convicted on charges related to bribing a judge for favorable rulings in court cases, including insurance related litigation. United States Attorney Kenneth Magidson announced that Ray Roman Marchan of Brownsville, Texas, has been found …

Texas / South Central News Archives by Month