INSURANCE NEWS
Texas Drywall Company Owner Faces Workers Comp Fraud Charges
The owner of a Texas drywall company is set to appear in Travis County District Court on February 12 to face three counts of fraud totaling $170,000, the Texas Department of Insurance Division of Workers’ Compensation (DWC) announced. Cristino Tapia …
Fiesta Auto Insurance Expands in Texas With Katy Location
Fiesta Auto Insurance and Tax Services announced the signing of new a deal to open its latest location in Katy, Texas. The office will be located at 3939 N. Fry Road, Suite B. This new location will mark Fiesta’s 30th …
Georgia Lawmakers to Take up School Safety, Hurricane Relief as Session Starts
ATLANTA (AP) — Georgia Gov. Brian Kemp on Monday proposed giving public schools a one-time additional $50 million to spend on school safety, but his plan falls short of the increased counseling resources school officials want after four people were …
Los Angeles Is on Edge as Strong Winds Keep Fire Danger Elevated
Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California, creating the risk of more blazes in the wake of a disaster that has killed at least 24 people, driven thousands from their homes and …
‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos
Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property, a South Carolina workers’ compensation attorney now faces a civil lawsuit by one of the alleged victims. The lawyer for …
WalkerHughes Acquires Missouri’s IBA
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage business headquartered in Indianapolis, Indiana, has acquired Independent Brokers Agency LLC, a St. Louis, Missouri-based insurance agency which offers personal lines, commercial lines, and employee benefits. IBA represents WalkerHughes’ first acquisition …
Dozens of Vehicles Broken Into During Michigan Basketball Game
More than two dozen vehicles in a high school parking lot had their windows smashed and were broken into during a men’s college basketball game at nearby University of Michigan. Ann Arbor police said the break-ins occurred Sunday, WXYZ-TV reported. …
People Moves: MEMIC Promotes McCracken; NFP Appoints Kim; Harford Mutual Changes Leadership
MEMIC Promotes McCracken to VP of Business Intelligence and Analysis The MEMIC Group, headquartered in Portland, Maine, promoted Kaila McCracken to vice president of business intelligence and analysis. McCracken joined MEMIC in 2017 and previously served as director of financial …
Chicago Construction Billionaire Deepens Bet on Data Centers
Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in data centers. The company is starting a new unit called Clayco Compute to sharpen the focus on data centers and …
SEC Sues Elon Musk Over Late Disclosure of Twitter Stake
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, the social media company he …
With Uber Boost, Group Seeks Reforms to Lower New York’s High Insurance Costs
Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think insurance is too damn high. A new coalition with backing from Uber Technologies is launching a campaign to lower insurance …
Colonial Shuts Largest US Gasoline Pipe to Investigate Leak
Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line 1 transports 1.5 million barrels a day of gasoline between Houston, Texas, and Greensboro, North Carolina. The shutdown is expected …