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News Center
News releases
TDI applies advanced technology to policy reviews
The Texas Department of Insurance (TDI) has begun an innovative technology project to speed and improve its review of insurance policy forms.
POSTED AUGUST 03, 2020 |
Insurance Help Line open Sunday to help storm victims
The Texas Department of Insurance (TDI) Help Line will be open from 9 a.m. to 4 p.m. Sunday to help those with damage from Hurricane Hanna. The number is 1-800-252-3439.
POSTED JULY 25, 2020 |
San Antonio Company Earns Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recognized Nissei Plastic Machinery America Inc. with a Lone Star Safety Award for their exemplary workplace safety program and low rates of work-related injuries and illnesses.
POSTED JULY 24, 2020 |
East Texas Companies Earn Safety Awards
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recognized East Texas Lighthouse for the Blind and Tatum Excavating Company for their exemplary workplace safety programs and low rates of work-related injuries and illnesses by renewing their Lone Star Safety Awards.
POSTED JULY 24, 2020 |
Houston Company Earns Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recognized Universal Pegasus International with a Lone Star Safety Award for their exemplary workplace safety program and low rates of work-related injuries and illnesses.
POSTED JULY 24, 2020 |
TDI extends emergency rule on medication refills
The Texas Department of Insurance (TDI) has extended an emergency rule to make it easier for Texans with TDI-regulated health insurance to get refills and to get prescriptions at more locations, including by home delivery.
POSTED JULY 16, 2020 8:00 AM |
Veterans can now be reimbursed for insurance exam fees
Veterans who passed TDI exams going back to February 2019 qualify for refund.
POSTED JULY 14, 2020 8:00 AM |
How to avoid extra COVID-19 testing charges
Texans who want a test for COVID-19 can likely avoid unnecessary charges by taking a few steps first.
POSTED JULY 07, 2020 |
New team steps up TDI focus on health insurance issues
A new Texas Department of Insurance team will identify and quickly resolve issues involving health insurers.
POSTED JULY 02, 2020 |
Texas Health Care Providers Indicted for Drug Distribution, Conspiracy, and Fraud
Three Arlington, Texas health care providers will face trial for conspiracy to distribute controlled substances and mail fraud. On June 17, 2020, a federal grand jury returned indictments against Dr. Clinton Battle, his nurse practitioner Donna Green, and his medical assistant Yajaira Lopez.
POSTED JUNE 29, 2020 |
News – Insurance Journal
Lloyd’s Broker Ed Taps Ulhaq from RFIB to Expand Int’l Facultative Reinsurance Offering
Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Assad Ulhaq as senior broker and producer with immediate effect. In this role Ulhaq will focus on international property facultative reinsurance, primarily in Europe, the Middle East and …
POSTED AUGUST 06, 2020 9:50 AM |
Legacy Specialist DARAG Buys Luxembourg Auto and Travel Insurer, Arisa Assurances
DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company based in Luxembourg. The transaction will be conducted through DARAG’s German risk carrier, DARAG Deutsche Versicherungs-und Rückversicherungs-AG, and is subject …
POSTED AUGUST 06, 2020 9:28 AM |
After Beirut Port Explosion, AM Best Comments on Potential Insurance Exposures
The devastating explosion at the Beirut’s port on Tuesday, Aug. 4 caused many casualties and considerable damage, but local insurance penetration rates in Lebanon generally are low, said AM Best in a market commentary. For the international market, however, marine …
POSTED AUGUST 06, 2020 9:14 AM |
Gallagher Buys Canada Retail Broker Insight Insurance
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Edmonton, Alberta-based Insight Insurance & Risk Management Ltd. Terms of the transaction were not disclosed. Founded in 2013, Insight is a retail insurance broker serving clients …
POSTED AUGUST 06, 2020 8:20 AM |
Munich Re’s Q2 Net Profit Slumps 42% on COVID-Related Losses
German reinsurance group Munich Re posted a 42% decline in second-quarter net profit, with around 700 million euros ($832 million) in losses related to the coronavirus pandemic in the period. The company, which had already announced preliminary earnings in July, …
POSTED AUGUST 06, 2020 8:05 AM |
Insurer AXA’s H1 Net Income Plunges by 40% on $1.8B Charge for COVID-19 Claims
AXA SA’s profit sank in the first half as it booked a 1.5 billion-euro ($1.8 billion) charge for claims related to COVID-19 and warned of further shocks from the pandemic. The French insurer saw net income fall 39% from the …
POSTED AUGUST 06, 2020 7:43 AM |
Urban Flooding Is On The Rise, So What Can Be Done?
As hurricane season heats up, a growing number of properties located outside of FEMA-designated high-risk flood zones are already flooding. The problem is especially bad in the urban areas of America’s cities. A national survey shows nearly 85% report experiencing …
POSTED AUGUST 06, 2020 6:22 AM |
Cannabis Broker Spotlight: Flux’s Prince Sees Greatest Value in Being an Advisor
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
POSTED AUGUST 06, 2020 5:00 AM |
United Valley Insurance Services Adds Kulchin Ross in California
United Valley Insurance Services Inc. has added as new member in Kulchin Ross Insurance Services LLC Tarzana, Calif. Kulchin Ross Insurance Services was founded in 2011 when owners Bill Kulchin and Derek Ross joined forces with more than 40 years …
POSTED AUGUST 06, 2020 5:00 AM |
AIG’s Zaffino Sees COVID-19 Creating Beneficial ‘Flight to Quality’
AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains as clients react to the ongoing COVID-19 pandemic. “We believe that COVID has resulted in a flight to quality and …
POSTED AUGUST 06, 2020 5:00 AM |
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