Article 0 Comments Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the U.S. Court of Appeals for the Fifth...
Article 1 Comment Oklahoma homeowners can now apply for grants of up to $10,000 to upgrade to storm-resistant Fortified roofs. The Oklahoma Insurance Department opened statewide applications for its Strengthen Oklahoma Homes (SOH) Grant...
Article 0 Comments Germania Insurance announced the placement of its first catastrophe bond, issued through Handshake ReLtd., as part of the company’s broader reinsurance and capital management strategy. The transaction became effective Jan. 1,...
Article 0 Comments Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Walter Juergens has joined the company as its new chief financial officer. In this role, Juergens will be...
Article 0 Comments Goldman Sachs Group Inc. is co-leading financing for a Texas project to build private power campuses for artificial intelligence. The New York banking giant is working with real estate advisory Newmark...
Article 0 Comments Texas Attorney General Ken Paxton secured a $1.25 million settlement with Hyatt Corporation for violating Texas consumer protection laws by marketing hotel rooms at prices that were not available to the...
Article 0 Comments AM Best has affirmed CompSource Mutual Insurance Company’s Financial Strength Rating (FSR) of A (Excellent) with a Stable outlook. AM Best is the preeminent insurance credit rating service. CompSource Mutual is...
Article 0 Comments A Louisiana man was sentenced this month to 115 months in federal prison for his involvement in an alleged multi-state vehicle theft. U.S. District Judge Brian A. Jackson sentenced Christopher Don...
Article 1 Comment More than 100 homes have been damaged after a tornado touched down in a residential area outside Houston, authorities in Texas said Monday. No injuries were reported. Photos and drone video...
Article 0 Comments When it rains here, West Texans brace for the worst. With nowhere to go, water collects across sidewalks, roads and highways — the flat, desert landscape becomes a wetland in the...