3 02, 2021

French Named New Director at Ohio Department of Insurance

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Former Ohio Supreme Court justice Judith L. French has been appointed as the next director of the Ohio Department of Insurance, Interim Director Tynesia Dorsey announced. French’s appointment is effective Feb. 8. Aside from serving as a justice, French has …

3 02, 2021

Texan Insurance Acquires Suzanne Brown Agency in Houston

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Texan Insurance has acquired Houston-based Suzanne Brown Agency LLC in an all-cash transaction. Founded in 2001, Suzanne Brown Agency is an independent, full-service insurance agency that specializes in personal and commercial insurance needs. Suzanne Brown and her 11-member staff will …

3 02, 2021

Hanes Named President of Ryan Specialty’s Stetson Insurance Funding

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Anthony Hanes has joined Chicago-based Ryan Specialty Group’s Stetson Insurance Funding (Stetson) as president. Stetson specializes in financing commercial and personal lines insurance premiums for the excess and surplus insurance lines industry. As president of Stetson, Hanes will focus on …

3 02, 2021

Iowa Agent Again Charged with Insurance Fraud, Theft

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A suburban Des Moines, Iowa, insurance agent has been charged with multiple felony counts after state officials say he collected thousands of dollars in premiums for nonexistent insurance policies after his license was revoked. The Iowa Insurance Division said Adam …

3 02, 2021

AXA XL Launches Builders Risk Coverages for Mass Timber Construction Projects

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AXA XL’s North America Construction business has launched builders risk insurance programs to address mass timber project risks for construction clients. Mass timber building materials, which includes cross laminated timber (CLT), is a family of engineered wood products (EWPs) which …

3 02, 2021

Drought, Wildfire Threat Lead to Disaster Declaration in Texas

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Saying exceptional drought conditions pose a wildfire threat in a large swath of West and Southwest Texas, Gov. Greg Abbott has issued a disaster declaration for counties in those areas of the state. Abbott said drought conditions pose a threat …

3 02, 2021

California Warehouse Worker Arraigned for Alleged Workers’ Comp Fraud

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Crescencio Velasco Covarrubias, 45, of Button Willow, Calif., was arraigned this week on multiple felony counts of insurance fraud after allegedly failing to disclose prior work-related injuries in order to collect undeserved workers’ compensation benefits. Covarrubias filed a workers’ comp …

3 02, 2021

Oklahoma’s Vaughan Insurance Group Merges with Higginbotham

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Higginbotham, an independent insurance firm based in Fort Worth, Texas, and Vaughan Insurance Group, a commercial insurance firm in Tulsa, Oklahoma, have merged operations. This gives Higginbotham a second location in Oklahoma, where it opened its first out-of-state office in …

3 02, 2021

$22M-Plus Recovered for Louisiana Insurance Consumers in 2020

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The Louisiana Department of Insurance Office of Consumer Services recovered more than $22 million for consumers from insurance companies through complaint resolution in 2020, the department reported. All payouts are in excess of what insurers originally offered consumers for their …

3 02, 2021

Iowa’s CGA Insurance Services Launches Managing General Underwriter Program

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West Des Moines, Iowa-based Career General Agency LLC (CGA Insurance Services), a subsidiary of GuideOne Insurance, has launched a managing general underwriter (MGU) program with its newly developed CGA Energy Division. Calling the MGU launch a “momentous achievement for our …