Texas News

Web Services Turns Hit Ratios Upside Down for Surplus Lines MGA.

Dallas, TX, June 30 2015–To use a baseball metaphor, Texas All Risk General Agency (TAR) is batting .725 with Atlantic Casualty Insurance Company at the mid-year point. According to TAR VP David Day, “With the All Star Game approaching our …

Farmers Expects $80 Million in Claims from May Storms

Storms moving through multiple states at the end of May including Texas, Oklahoma, Kansas and Arkansas, have resulted in more than 9,000 claims already filed across multiple states for Farmers Insurance. Farmers expects to see nearly 15,000 claims across nine …

ICW Group Appoints Douglas to Lead Texas Market

San Diego, Calif.-based ICW Group Insurance Cos. has named Gina Douglas branch manager in Texas. Based in Austin, she will oversee business development, agent outreach and workers’ compensation underwriting in the state. ICW Group began actively writing workers’ compensation business …

Maldonado Joins All Risks in Dallas

Independent insurance wholesaler All Risks Ltd., the nation’s largest, added Thomas Maldonado in its Dallas office as a senior underwriter for national specialty programs. Maldonado will assist All Risks business partners in placing REO and lender placed risks for residential …

Confie Acquires Colyer Insurance in San Antonio

National personal lines insurance specialist, Confie, has acquired Colyer Insurance Agency Inc. of San Antonio, Texas. Colyer Insurance has been part of the San Antonio community for over 35 years providing personal lines. Based in California, Confie has acquired and …

Marsh Acquires Texas-Based MHBT

Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh LLC, has acquired Dallas, Texas-based MHBT Inc., one of the nation’s largest independent insurance brokers. Terms of the transaction were not disclosed. With roots dating back nearly 100 years, MHBT …

Tornadoes Strike North Texas, Some Damage Reported

Tornadoes roared across North Texas, spreading widespread damage but leaving no immediate reports of injuries. What storm spotters reported as at least one tornado inflicted heavy damage late Tuesday night to houses and apartment buildings in the Runaway Bay and …

Former Texan Who Got Sick on Ice Cream Sues Blue Bell Alleging Negligence

An ex-Houston , Texas resident who says he contracted listeria-related meningitis after eating Blue Bell ice cream has sued the company. David Philip Shockley seeks unspecified damages in the negligence lawsuit filed in Austin. Texas-based Blue Bell in April recalled …

Texas Workers’ Comp Claims See Slow Growth: WCRI

Workers’ compensation claims in Texas grew more slowly than in most of the other states, according to a Workers Compensation Research Institute report out Thursday that studied 17 states. The total average cost per claim for injured workers in Texas …

Insurance Council of Texas Partners With Police For Crime Prevention Program

The Insurance Council of Texas has joined the Tomball Police Department in a crime prevention campaign aimed at preventing auto thefts and burglaries. The program involves the creation and distribution of signs that read, “LOCK your car, TAKE your keys …