DALLAS — An arbitrator has ruled that Texans CUSO Insurance Group, a subsidiary of $2 billion Texans Credit Union, did not have reasonable or justifiable cause to terminate Kevin M. Curley, and has ruled that he is entitled to his job back with back pay and benefits.
In January 2007, Texans CU bought Curley Insurance Group LLC, an umbrella of several companies, from Curley for $19 million. Per an employment agreement, Curley was to continue working with the new CUSO from Jan. 1, 2007 to Dec. 31, 2009, according to the July 8 final award arbitration hearing letter.
A clause that would limit Texans Insurance from terminating him before the employment agreement ended was included. The CUSO listed several circumstances upon which Curley could be fired including willful or negligent conduct harmful to the company and participation in felony acts.
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At the March 9-12 arbitration hearing, Gary Kirkindoll, president of Texans CUSO Services Group, said Curley was fired because he did not honor an April 27, 2007 request to have Kirkindoll's office set up by April 30, 2007. Kirkindoll also asked Curley to work with Kevin Heitzman, head of human resources, on a benefits enhancement plan. Curley told Heitzman he could leave the company on April 27, 2007 since he had submitted his resignation on April 24, the letter read. Curley was also fired for his conduct after Kirkindoll told him not to talk to Texans employees about transferring one of Curley's companies and finally, Curley's alleged unauthorized issuance of tail policies on two of Curley's companies bought by Texans.
The back pay dollar amount Curley is entitled to was not disclosed. Texans CUSO Insurance Group is expected to comment on the ruling soon.
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