Higginbotham Acquires Stephens Insurance Services in Texas

Higginbotham has added a new member to its team by acquiring Stephens Insurance Services, a benefits-focused company based in Lubbock, Texas. This move aims to combine strong local connections with more resources to improve service across West Texas and eastern New Mexico. Stephens Insurance Services is known for its work in three main areas: group … Read more

Markets/Coverages: Enhanced Victim Support Coverage for Special Contingency Risks

Special Contingency Risks (SCR), a business under WTW, has introduced a new insurance add-on aimed at supporting people who have been taken hostage. This new option, called Enhanced Victim Support (EVS), is part of a special partnership with Hostage International, a charity that helps former hostages and their families. The EVS extension offers extra help … Read more

Personnel Updates: Cicchelli Joins World Insurance; James River Welcomes Arch; Markel Expands Team

John Cicchelli has been named the new head of the employee benefits practice at World Insurance Associates LLC. He will be based at the company’s headquarters in Iselin, New Jersey. Cicchelli will lead efforts to grow the business, focusing on expanding markets and developing new products across North America. Cicchelli brings three decades of experience … Read more

Texas Attorney General Warns Chinese Company of Possible Data Privacy Breach Enforcement

Texas Attorney General Ken Paxton has launched an investigation into TP-Link Systems Inc., a company that makes networking devices, over concerns that it might be helping the Chinese government access users’ data. Paxton’s office will look into whether TP-Link has been honest with consumers about its connection to China, if its products have security weaknesses … Read more

Exxon Postpones Planned Plastic Facility on Texas Coast

Exxon Mobil has decided to delay its plan to build a huge new plastics plant in Calhoun County, Texas. The $10 billion project on the Gulf Coast was supposed to start construction next year, but the company says current market conditions have led them to slow things down for now. The plant was designed to … Read more