Kennedy Sutherland LLP announced last week that Karen Neeley joined the firm as Senior Attorney, effective August 24. She will establish an Austin office for the firm. Neeley, who has provided legal services to community banks throughout Texas for more than 30 years, also serves as IBAT General Counsel.
Every day, Texas bankers face the challenge of keeping updated about and complying with the various Texas laws and regulations that affect their operations and business transactions. Unfortunately, many of these are scattered throughout the Codes, Constitution and Texas Administrative Code (regulations), making them difficult to locate.
It’s that time of year when our thoughts turn to the IBAT PAC Auction and Dream Vacation Sweepstakes as we prepare for IBAT's 41st Annual Convention in Galveston. If you would like to donate an item to the PAC Auction, click here for the online pledge form or here to download a PDF of the pledge form.
If there are any investors out there who have recently made a pledge to stop smoking, good for you. But, much like Lloyd Bridges in “Airplane”, that cinematic masterpiece of the ‘80’s, you picked the wrong week. Comfort and solace from any source would have been welcomed, as across the globe, equity markets roiled and bond markets churned right along with investors’ stomachs.
The Texas Department of Insurance (TDI) has extended the deadline for applications for the Texas Windstorm Insurance Association (TWIA) Board of Directors from August 15, 2015 to September 1, 2015. TWIA serves as the insurer of last resort to provide coverage to residential and commercial properties in certain designated portions of the Texas seacoast territory.
The requirements for the makeup of the board changed as a result of Senate Bill 900, passed during the 84th Regular Session of the Texas Legislature. Under the new requirements, the board will include: