insurance council of texas News

Insurance Council of Texas Honors Gentry with Raymond Mauk Award

Rick Gentry, former executive director for the Insurance Council of Texas (ICT), was presented the Raymond Mauk Leadership Award at the ICT’s Mid-Year Property and Casualty Symposium in Austin. Gentry led the ICT for 17 years. The Raymond Mauk Leadership Award is …

Damage Estimate in Texas Hailstorm Pegged at $400M

The June 12 hail storm in Abilene, Texas, is expected to hit $400 million in insured losses to vehicles, homes and commercial property, the Insurance Council of Texas reports. It was the second catastrophic hailstorm this city in west Texas …

Texas Workers’ Comp Commissioner to Resign Aug. 1

Texas Workers’ Compensation Commissioner Rod Bordelon plans to resign from his post effective Aug. 1, the Insurance Council of Texas reported. Bordelon has served as Commissioner for the past six years. Insurance Council of Texas Executive Director Albert Betts praised …

Richardson, Texas, Steps Up Automobile Crime Prevention Efforts

The Richardson Police Department will soon be distributing automobile crime prevention signs throughout the city with the assistance of the Insurance Council of Texas and State Farm. The signs read “Secure your belongings, Take your keys and Lock your car.” …

Students at 5 Texas Universities Receive Insurance Council Scholarships

Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the …

Betts To Lead Insurance Council Of Texas

Albert Betts will become executive director of the Insurance Council of Texas on April 1. Betts, who had served as general counsel to ICT since 2009, will replace Rick Gentry. Gentry is retiring after 17 years as the association’s manager. …

Gentry to Retire from Insurance Council of Texas

Rick Gentry, executive director of the Insurance Council of Texas (ICT) since 1997, has announced that he will retire from the association at the end of March 2014. “It is hard to imagine a better professional experience,” said Gentry. “ICT …

Cost of North Texas Ice Storm Insured Damage Estimated at $30M

Damage from this month’s North Texas ice storm has reached at least $30 million in residential insured losses, according to an industry group. Officials with the Insurance Council of Texas said the losses include homes damaged by downed trees, broken …

Austin Homeowner’s Interest in Flood Insurance Rises

Insurance agents in Austin, Texas report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities. Roughly 650 homes and businesses were either damaged or destroyed …

Insurance Group Hands Out 2,000 Smoke Alarms in Texas

The Insurance Council of Texas (ICT) distributed 2,000 smoke alarms to firefighters in every corner of the state this month in honor of Fire Prevention Week. ICT’s We’re Out to Alarm Texas program provides the smoke alarms to fire departments …