Texas-based CoVerica Agency Alliance, a master agency member of SIAA, has signed its 50th member agency — Knott Insurance Group of Desoto, Texas — bringing SIAA’S national total to more than 4100 signed members. CoVerica Agency Alliance has been a …
Lafourche Parish, La., officials say the repair of two pumping stations in the Raceland area will help protect against flooding. The parish will be rebuilding the Cyprien Pump Station, which services the low-lying area south of La. Highway 1 and …
A debate and forensics teacher at Fayetteville High School in Fayetteville, Ark., has filed a lawsuit against the district, claiming his contract was breached because administrators told him to take anger management courses. Tim Hollis filed the suit in Washington …
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of property/casualty subsidiaries of Amerisafe Inc., headquartered in DeRidder, La. — American Interstate Insurance Co., Silver Oak Casualty Inc. and American …
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and casualty insurer. Dallas National, a subsidiary of Dallas National Insurance Holdings, was founded in 2005. …
A proposed new law that places a cap on premium taxes paid by captive insurers is expected to increase the number of companies conducting business in Oklahoma, state regulators say. Senate Bill 1617, requested by Oklahoma Insurance Commissioner John Doak, …
IMA Inc. announced that Leisha Cadwallader joined IMA as vice president of employee benefits in its Dallas office. Cadwallader is charged with growing IMA’s employee benefits presence in the Dallas market. As a former senior human resources executive, Cadwallader counsels …
Specialty Risk Associates Inc., headquartered in Shreveport, La., has added Rhonda Lobell as a commercial lines underwriter and Dolores Tutt as a personal lines underwriter. Lobell will be working at the Baton Rouge, La., office and Tutt will be based …
Excellere Partners, a Denver-based private equity firm, announced that its subsidiary, Personable Insurance, has acquired Endeavor General Agency LLC, a Royce City, Texas-based non-standard personal automobile managing general agency. The acquisition closed on May 16, 2012. Personable, headquartered in San …
Louisiana Citizens Property Insurance Corp. plans an average rate increase for wind-only policies of 58 percent, sparking an argument among top state officials on whether the increase is legal. The Advocate reports that the large increase follows a May 23 …
