Texas News

BLOWN OUT OF THE WATER

Texas Insurance Commissioner Jose Montemayor ordered a London-based “foundation” to pay a $500,000 fine and to stop offering boat insurance...

TDI SHUTS DOWN MCIC

Medical Community Insurance Co. (MCIC) of Houston, a physician-owned company that specialized in major medical insurance for small employers in...

BANK PURCHASES S.A. AGENCY

International Bancshares Corp. has completed its entry into the insurance industry with the creation of a wholly owned insurance subsidiary...

S&P Affirms Corpa Reinsurance

The “Bpi” financial strength rating on Corpa Reinsurance Company was affirmed by S&P. The company wrote property and casualty treaty...

Best Drops Amwest Group Rating to ‘B’

Amwest Group’s parent is the publicly-traded insurance holding company, Calabasas, Calif.-based Amwest Insurance Group Inc., primarily an underwriter of surety...