Insurance Journal » Texas http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Wed, 19 Jun 2013 21:23:46 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Combined agents of America Elects New 2013 Leadership http://www.insurancejournal.com/news/southcentral/2013/06/19/296068.htm Wed, 19 Jun 2013 16:30:56 +0000 http://www.insurancejournal.com/?p=296068 Combined Agents of America LLC (CAA), based in Austin, Texas, has elected an new management committee for 2013-14, led by Chairman Bill Kliewer. CAA member agencies are located in Texas, Kansas and Oklahoma. Each CAA management committee member is elected …

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]]> Jenns Named President of Austin, Texas-Based Service Group http://www.insurancejournal.com/news/southcentral/2013/06/14/295624.htm Fri, 14 Jun 2013 16:12:33 +0000 http://www.insurancejournal.com/?p=295624 Service Group, based in Austin, Texas, announced it has named Martin Jenns as its new president. The company also announced the retirements of senior vice presidents Patrick Vance and Gary Holliday. Service Group, including Service Lloyds, is a family-owned insurance …

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]]> Sawyer Insurance Agency Merges with Higginbotham in Dallas http://www.insurancejournal.com/news/southcentral/2013/06/14/295619.htm Fri, 14 Jun 2013 16:10:16 +0000 http://www.insurancejournal.com/?p=295619 Higginbotham announced that Sawyer Insurance Agency has merged with its Dallas office. Sawyer Insurance in Richardson, Texas, has been owned and operated by agent Mike Sawyer since 1975. He and two insurance professionals provide personal and commercial coverage to clients …

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]]> Final Judgment for 32 Disabled Men in Iowa: $3.4M http://www.insurancejournal.com/news/midwest/2013/06/13/295431.htm Thu, 13 Jun 2013 16:08:25 +0000 http://www.insurancejournal.com/?p=295431 A judge in Iowa has entered final judgment of $3.4 million against a Texas company found to have mistreated 32 mentally disabled workers at an Iowa labor camp. U.S. Senior Judge Charles Wolle ruled on June 11 the men will …

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]]> Dallas Insurance Agency Implements Summer Intern Program http://www.insurancejournal.com/news/southcentral/2013/06/12/295068.htm Wed, 12 Jun 2013 05:49:15 +0000 http://www.insurancejournal.com/?p=295068 Dallas-based Roach Howard Smith & Barton (RHSB) Insurance Agency announced it has implemented a summer internship program, with Adam Harmon, a junior at Texas Christian University’s Neeley School of Business, as its first intern. Harmon is majoring in Accounting and …

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]]> New Insurance Commissioner to Address Texas Insurance Symposium http://www.insurancejournal.com/news/southcentral/2013/06/10/294912.htm Mon, 10 Jun 2013 16:21:29 +0000 http://www.insurancejournal.com/?p=294912 Julia Rathgeber, newly appointed Commissioner of the Texas Department of Insurance, will speak at the 21st annual Mid-Year Property and Casualty Insurance Symposium. The Symposium will be held in Austin on Thursday, July 18, at the Sheraton Austin Hotel. Prior …

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]]> After Blast, Texas Town Fights to Keep its Residents http://www.insurancejournal.com/news/southcentral/2013/06/07/294791.htm Fri, 07 Jun 2013 16:48:54 +0000 http://www.insurancejournal.com/?p=294791 John Crowder stood on the gray concrete slab where his house once was in West, Texas, pointing out one spot after another. There was the garage where an overflow of guests would eat their Christmas dinner. There was the dining …

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]]> Texas Law Change Would Allow Reappraisals After Disaster http://www.insurancejournal.com/news/southcentral/2013/06/06/294318.htm Thu, 06 Jun 2013 05:06:57 +0000 http://www.insurancejournal.com/?p=294318 Hundreds of property owners whose homes and businesses were damaged by the earth-rattling fertilizer plant explosion that devastated the town of West in April may catch a break on their property taxes under recently approved legislation. A bill awaiting Gov. …

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]]> Allstate Appoints Sedillo as Chief Executive of Texas Operations http://www.insurancejournal.com/news/southcentral/2013/06/04/294320.htm Tue, 04 Jun 2013 16:09:24 +0000 http://www.insurancejournal.com/?p=294320 The Allstate Insurance Company has named Larry Sedillo field senior vice president for the company’s Texas region, where he will lead business operations. Being appointed to this top spot in Texas has special meaning to the Allstate executive because he …

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]]> Amarillo Hailstorm Damage Estimated at $400M http://www.insurancejournal.com/news/southcentral/2013/06/03/294193.htm Mon, 03 Jun 2013 16:38:46 +0000 http://www.insurancejournal.com/?p=294193 A massive hailstorm that blanketed the Texas panhandle city of Amarillo on May 28 is proving costly. An estimated 35,000 vehicles and thousands of homes were damaged in the May 28 storm. Insured losses are expected to reach $400 million. …

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]]> Hurricane Experience Aids Fast-Food Chain In Oklahoma http://www.insurancejournal.com/news/southcentral/2013/05/30/293817.htm Thu, 30 May 2013 16:13:31 +0000 http://www.insurancejournal.com/?p=293817 The founder and CEO of a Baton Rouge-based fast-food chain says experience with disasters served the company well after a tornado ravaged Moore, Okla. Todd Graves, of Raising Cane’s, said the chain has about 50 employees in Moore. The restaurant …

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]]> Insured Texas Tornadoes Damage Could Reach $250M http://www.insurancejournal.com/news/southcentral/2013/05/28/293390.htm Tue, 28 May 2013 15:54:18 +0000 http://www.insurancejournal.com/?p=293390 An industry group says insured damage from recent deadly tornadoes in North Texas could reach $250 million. Mark Hanna with the Insurance Council of Texas says the rough estimate could change as insurers continue to gather information from the May …

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]]> CPro Associates Has a New Home http://www.insurancejournal.com/news/southcentral/2013/05/28/293382.htm Tue, 28 May 2013 15:48:20 +0000 http://www.insurancejournal.com/?p=293382 Texas-based insurance wholesaler CPro Associates announced that it has moved its offices. The new location is: 5501 LBJ Suite #240 Dallas TX 75240 CPro specializes in hard-to-place property accounts and exposures, and workers’ compensation. Source: CPro Associates  

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]]> Texas Joins Flood of States Suing BP over 2010 Gulf Spill http://www.insurancejournal.com/news/southcentral/2013/05/21/292635.htm Tue, 21 May 2013 05:14:36 +0000 http://www.insurancejournal.com/?p=292635 Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District …

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]]> NWS: At Least 16 Tornadoes in Recent North Texas Outbreak http://www.insurancejournal.com/news/southcentral/2013/05/17/292468.htm Fri, 17 May 2013 15:41:10 +0000 http://www.insurancejournal.com/?p=292468 At least 16 tornadoes have been confirmed in the outbreak in North Texas on May 15, federal weather officials say. Survey teams were sent to Johnson County, Hood County, Parker County, Ellis County and Montague County, the National Weather Service …

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]]> Cap Forces Judge to Slash Landmark $240M EEOC Verdict to $1.6M http://www.insurancejournal.com/news/midwest/2013/05/16/292264.htm Thu, 16 May 2013 16:26:18 +0000 http://www.insurancejournal.com/?p=292264 A judge has slashed a landmark $240 million verdict to $1.6 million for 32 mentally disabled workers in Iowa who suffered years of abuse by their caretakers. U.S. Senior Judge Charles Wolle entered judgment against Henry’s Turkey Service of Goldthwaite, …

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]]> Tornadoes Spin Through Texas Towns After Dark, Killing Six http://www.insurancejournal.com/news/southcentral/2013/05/16/292218.htm Thu, 16 May 2013 15:12:58 +0000 http://www.insurancejournal.com/?p=292218 At least six people were killed and 100 injured when tornadoes ripped through north-central Texas after dark and authorities said the death toll could rise as rescuers search through the rubble of destroyed homes. At least three twisters were confirmed …

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]]> Smoke Alarms Provided to Elderly/Disabled in Texas http://www.insurancejournal.com/news/southcentral/2013/05/16/292108.htm Thu, 16 May 2013 06:25:33 +0000 http://www.insurancejournal.com/?p=292108 Smoke alarms are on the way for clients who are provided services by H.A.N.D. and Faith in Action Caregivers in Austin, Texas. The donations are courtesy of the Austin Fire Department and the Insurance Council of Texas. Austin Fire Battalion …

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]]> Wildfires Break Out Near Possum Kingdom Lake in Texas http://www.insurancejournal.com/news/southcentral/2013/05/15/291976.htm Wed, 15 May 2013 15:44:11 +0000 http://www.insurancejournal.com/?p=291976 Wildfires have led to evacuation of about 30 residences in a North Texas community where 2011 blazes destroyed dozens of homes amid the drought. The Texas A&M Forest Service reported grass fires that burned about 100 acres in the Possum …

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]]> ProspX Names Former AIG Executive Gold as CEO http://www.insurancejournal.com/news/southcentral/2013/05/15/291849.htm Wed, 15 May 2013 06:24:47 +0000 http://www.insurancejournal.com/?p=291849 Austin, Texas-based ProspX Inc. named Steve Gold as president and chief executive officer, bringing to the company more than 27 years of executive management experience in commercial insurance. Co-founder and former president and CEO Todd L. Young will become ProspX’s …

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]]> Oklahoma’s Midlands MGA Joins Trusted Choice http://www.insurancejournal.com/news/southcentral/2013/05/14/291839.htm Tue, 14 May 2013 16:22:33 +0000 http://www.insurancejournal.com/?p=291839 Oklahoma-based managing general agent, Midlands, is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced. Midlands, headquartered in Oklahoma …

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]]> TWFG Honors High-Achieving Producers http://www.insurancejournal.com/news/southcentral/2013/05/14/291832.htm Tue, 14 May 2013 16:16:39 +0000 http://www.insurancejournal.com/?p=291832 The Woodlands Financial Group’s TWFG Insurance Services division has named 20 as outstanding performers and producers for the year 2012, the company announced. In addition to annual awards in seven categories, seven agents were inducted into the company’s President’s Club. …

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]]> Texas House OKs School Sports Concussion Insurance Pilot Program http://www.insurancejournal.com/news/southcentral/2013/05/09/291362.htm Thu, 09 May 2013 05:27:59 +0000 http://www.insurancejournal.com/?p=291362 The Texas House has approved a public school pilot program allowing parents to purchase supplemental concussion insurance for boys who play football and girls who play soccer. Students participating in sports already have insurance through their school districts. But the …

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]]> Employees of Texas Coastal City OK’d for Guns at Work http://www.insurancejournal.com/news/southcentral/2013/05/08/291301.htm Wed, 08 May 2013 16:45:57 +0000 http://www.insurancejournal.com/?p=291301 Employees of a South Texas city who have concealed handgun permits will be allowed to take their weapons to work starting Aug. 1. The Aransas Pass City Council on night amended a ban on weapons for city workers to allow …

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]]> West Fertilizer Investigators: Ammonium Nitrate Detonated in Explosion http://www.insurancejournal.com/news/southcentral/2013/05/07/291145.htm Tue, 07 May 2013 16:54:29 +0000 http://www.insurancejournal.com/?p=291145 While the investigation into the origin and cause of the West Fertilizer Plant fire and explosion in West, Texas, is ongoing, investigators say that ammonium nitrate was detonated in the explosion. However, they don’t know how the explosion was initiated. …

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]]> Texas House Approves Guns on Campus, School Marshals Bills http://www.insurancejournal.com/news/southcentral/2013/05/06/291022.htm Mon, 06 May 2013 15:55:04 +0000 http://www.insurancejournal.com/?p=291022 The Texas House has approved contentious plans to let college students carry concealed weapons to class and create special marshals for public schools statewide. Both measures were part of what has been unofficially dubbed “gun day” at the Texas House …

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]]> Judge Declines to Dismiss Emissions Suit Against ExxonMobil http://www.insurancejournal.com/news/southcentral/2013/05/06/291019.htm Mon, 06 May 2013 15:52:37 +0000 http://www.insurancejournal.com/?p=291019 A federal judge has declined to throw out a 2010 environmental lawsuit against ExxonMobil Corp. over emissions from its Baytown oil refinery. U.S. District Judge David Hittner in Houston adopted a magistrate’s April 3 recommendation that the Sierra Club and …

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]]> Texas Plant That Blew Up Carried $1M Liability Policy http://www.insurancejournal.com/news/southcentral/2013/05/06/290978.htm Mon, 06 May 2013 15:11:32 +0000 http://www.insurancejournal.com/?p=290978 The Texas fertilizer plant that exploded last month, killing 14 people, injuring more than 200 others and causing tens of millions of dollars in damage to the surrounding area had only $1 million in liability coverage, lawyers said. Tyler lawyer …

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]]> Abused Disabled Iowa Plant Workers Awarded $240M http://www.insurancejournal.com/news/midwest/2013/05/02/290769.htm Fri, 03 May 2013 01:40:26 +0000 http://www.insurancejournal.com/?p=290769 A Texas company has been ordered to pay $240 million in damages to 32 mentally disabled workers who formerly worked at the company’s turkey processing plant in Iowa for what government lawyers described as decades of around-the-clock abuse on and …

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]]> Homeowners not the Only Line of Coverage Affected by Texas Weather http://www.insurancejournal.com/news/southcentral/2013/05/02/290747.htm Thu, 02 May 2013 23:27:06 +0000 Stephanie K. Jones http://www.insurancejournal.com/?p=290747 It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the highest insurance …

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