Insurance Journal » Texas http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Tue, 04 Aug 2015 17:02:34 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 Comprehensive Rating Platform Leads to MGA Successes http://www.insurancejournal.com/services/newswire/2015/07/28/376304.htm Tue, 28 Jul 2015 07:00:01 +0000 http://www.insurancejournal.com/?p=376304 Dallas, TX, July 28 2015-Texas All Risk General Agency, Inc. is celebrating single digit mid year loss ratio trends with all 5 of their commercial binding carriers. The company attributes its continued success to their TARGET Rater platform. CEO Kelly …

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Google Tests Driverless Cars in Texas City http://www.insurancejournal.com/news/southcentral/2015/07/08/374432.htm Wed, 08 Jul 2015 16:06:20 +0000 http://www.insurancejournal.com/?p=374432 Google Inc. has selected Texas as the latest testing site for its self-driving car project, the company announced Tuesday. A modified Lexus SUV has already been seen on Austin roads, with safety drivers on board, according to the Austin American-Statesman. …

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Texas Court Approves $84.4M Settlement in Farmers Case http://www.insurancejournal.com/news/southcentral/2015/07/07/374289.htm Tue, 07 Jul 2015 16:28:20 +0000 http://www.insurancejournal.com/?p=374289 A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The case stems from a 2002 lawsuit by …

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Redpoint Insurance Acquires Texas’ Safeway County Mutual http://www.insurancejournal.com/news/southcentral/2015/07/06/374054.htm Mon, 06 Jul 2015 05:14:56 +0000 http://www.insurancejournal.com/?p=374054 Redpoint Insurance Group LLC has acquired Safeway County Mutual Insurance Co. in Dallas, Texas. Terms of the transaction were not disclosed. Safeway County Mutual Insurance will operate under the name Redpoint County Mutual Insurance Co. Redpoint County Mutual will specialize …

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Web Services Turns Hit Ratios Upside Down for Surplus Lines MGA. http://www.insurancejournal.com/services/newswire/2015/06/30/373376.htm Tue, 30 Jun 2015 07:00:58 +0000 http://www.insurancejournal.com/?p=373376 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 …

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Farmers Expects $80 Million in Claims from May Storms http://www.insurancejournal.com/news/southcentral/2015/06/12/371666.htm Fri, 12 Jun 2015 16:45:30 +0000 http://www.insurancejournal.com/?p=371666 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 …

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ICW Group Appoints Douglas to Lead Texas Market http://www.insurancejournal.com/news/southcentral/2015/06/12/371647.htm Fri, 12 Jun 2015 16:25:00 +0000 http://www.insurancejournal.com/?p=371647 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 …

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Maldonado Joins All Risks in Dallas http://www.insurancejournal.com/news/southcentral/2015/06/02/370281.htm Tue, 02 Jun 2015 16:43:43 +0000 http://www.insurancejournal.com/?p=370281 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 …

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Confie Acquires Colyer Insurance in San Antonio http://www.insurancejournal.com/news/southcentral/2015/06/02/370279.htm Tue, 02 Jun 2015 16:39:52 +0000 http://www.insurancejournal.com/?p=370279 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 …

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Marsh Acquires Texas-Based MHBT http://www.insurancejournal.com/news/southcentral/2015/06/01/370156.htm Mon, 01 Jun 2015 22:09:58 +0000 http://www.insurancejournal.com/?p=370156 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 …

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Tornadoes Strike North Texas, Some Damage Reported http://www.insurancejournal.com/news/southcentral/2015/05/21/369012.htm Thu, 21 May 2015 15:58:54 +0000 http://www.insurancejournal.com/?p=369012 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 …

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Former Texan Who Got Sick on Ice Cream Sues Blue Bell Alleging Negligence http://www.insurancejournal.com/news/southcentral/2015/05/21/369009.htm Thu, 21 May 2015 15:56:36 +0000 http://www.insurancejournal.com/?p=369009 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 …

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Texas Workers’ Comp Claims See Slow Growth: WCRI http://www.insurancejournal.com/news/southcentral/2015/05/21/369007.htm Thu, 21 May 2015 15:52:02 +0000 http://www.insurancejournal.com/?p=369007 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 …

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Insurance Council of Texas Partners With Police For Crime Prevention Program http://www.insurancejournal.com/news/southcentral/2015/05/20/368870.htm Wed, 20 May 2015 16:53:19 +0000 http://www.insurancejournal.com/?p=368870 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 …

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Texas Governor Signs Bill Preempting Cities’ Drilling Bans http://www.insurancejournal.com/news/southcentral/2015/05/19/368721.htm Tue, 19 May 2015 21:19:25 +0000 http://www.insurancejournal.com/?p=368721 Texas’ governor has signed a bill that blocks municipalities and other local governments from regulating most oil and gas production activities within their jurisdictions Gov. Greg Abbott on May 18 signed House Bill 40, sometimes called the “Denton fracking bill,” …

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Disasters Declared in Arkansas, Texas Following Severe Weather http://www.insurancejournal.com/news/southcentral/2015/05/13/368070.htm Wed, 13 May 2015 15:47:12 +0000 http://www.insurancejournal.com/?p=368070 Texas Gov. Greg Abbott has declared a state of disaster in counties hit in recent days by severe weather that’s included tornadoes, thunderstorms and heavy rains that brought flooding. Likewise, Arkansas Gov. Asa Hutchinson issued a disaster proclamation for 10 …

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5 Dead After Twisters Hit Texas, Arkansas http://www.insurancejournal.com/news/southcentral/2015/05/12/367759.htm Tue, 12 May 2015 16:15:42 +0000 http://www.insurancejournal.com/?p=367759 Emergency responders on May 11 searched through wreckage in parts of the states of Texas and Arkansas after a line of tornadoes battered several small communities, killing at least five people, including a young couple whose daughter survived. At daybreak, as …

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Wild Weather Leaves 1 Dead in Texas; Tornados, Flooding Reported http://www.insurancejournal.com/news/southcentral/2015/05/11/367564.htm Mon, 11 May 2015 16:41:48 +0000 http://www.insurancejournal.com/?p=367564 Several tornadoes ripped through the northern part of Texas, leaving one person dead and others unaccounted for in a sparsely populated area over the weekend, authorities said. One of the tornadoes on Saturday shattered homes in a rural area south …

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Candid Investigation Services Acquired by Patriot National http://www.insurancejournal.com/news/southcentral/2015/05/11/367552.htm Mon, 11 May 2015 16:25:01 +0000 http://www.insurancejournal.com/?p=367552 Patriot National Inc., based in Fort Lauderdale, Fla., has acquired Candid Investigation Services LLC, an insurance risk management firm that operates in New Mexico and Texas. Candid Investigation Services provides evidence that increases subrogation recovery rates. Candid will become part …

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Blue Bell Likely Aware of Listeria Problems in 2013: FDA http://www.insurancejournal.com/news/southcentral/2015/05/08/367387.htm Fri, 08 May 2015 15:46:27 +0000 http://www.insurancejournal.com/?p=367387 Texas-based Blue Bell Creameries likely knew as early as 2013 of a Listeria problem at its Oklahoma plant and did not do enough to make sure its factory was sanitized, according to documents from the U.S. Food and Drug Administration. …

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State of Emergency Declared in Oklahoma Following Severe Storms, Tornados http://www.insurancejournal.com/news/southcentral/2015/05/07/367212.htm Thu, 07 May 2015 16:31:21 +0000 http://www.insurancejournal.com/?p=367212 Oklahoma Gov. Mary Fallin has declared a state of emergency after an outbreak of severe storms that swept across the state on May 6 bringing tornados, high winds, hail and flooding. At least 39 tornados were reported to have touched ground yesterday. …

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NTSB: Chopper Hoist Was Spinning Before Texas Nurse’s Fatal Fall http://www.insurancejournal.com/news/southcentral/2015/05/06/367118.htm Wed, 06 May 2015 16:55:53 +0000 http://www.insurancejournal.com/?p=367118 Investigators say a hoist suspended from a medical helicopter, which was carrying a nurse and patient from a Texas hiking trail, was spinning just before the nurse fell to her death. The National Transportation Safety Board on May 5 released …

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Higginbotham Adds Bell in Austin Office http://www.insurancejournal.com/news/southcentral/2015/05/06/367104.htm Wed, 06 May 2015 16:31:07 +0000 http://www.insurancejournal.com/?p=367104 Texas-based Higginbotham has hired Sean Bell as an associate of commercial property/casualty insurance for its practice in Austin. Bell has experience in brokerage with an independent agency and in claims with an insurance carrier. Bell began his career as a property claims professional …

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Agent Support, Ratings Added to Expanding Google Compare http://www.insurancejournal.com/news/national/2015/05/05/366951.htm Tue, 05 May 2015 22:32:18 +0000 http://www.insurancejournal.com/?p=366951 The auto insurance comparison website Google Compare is expanding into Texas, Illinois and Pennsylvania, as well as adding ratings and insurance agent support. That announcement was made Tuesday by Stephanie Cuthbertson, group product manager for Google Compare, at Google’s annual …

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Texas-Based Sally Beauty Reports Unusual Payment Card Activity http://www.insurancejournal.com/news/southcentral/2015/05/05/366901.htm Tue, 05 May 2015 16:29:32 +0000 http://www.insurancejournal.com/?p=366901 Texas-based Sally Beauty said that it is investigating reports of unusual activity on payment cards used at some of its U.S. stores. The beauty products seller said that it is working with law enforcement and its credit card processor. It’s …

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Texas Bill Preventing Cities from Banning Oil Drilling Sent to Governor http://www.insurancejournal.com/news/southcentral/2015/05/05/366894.htm Tue, 05 May 2015 16:24:11 +0000 http://www.insurancejournal.com/?p=366894 Texas cities would no longer be able to ban oil and gas companies from drilling inside municipal limits under a bill lawmakers sent to Governor Greg Abbott. Final passage of the legislation in the state Senate is a win for …

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Property Claim Litigation Bill Passed by the Texas Senate http://www.insurancejournal.com/news/southcentral/2015/05/01/366654.htm Sat, 02 May 2015 01:04:03 +0000 http://www.insurancejournal.com/?p=366654 The Texas Senate on April 30 passed a bill aimed at stemming the onslaught of property claim litigation that has been occurring with increasing frequency in the state following natural catastrophes. Advocates of Senate Bill 1628 say it will help …

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60K Auto Insurance Claims Expected from April Hailstorms in Texas http://www.insurancejournal.com/news/southcentral/2015/04/30/366411.htm Thu, 30 Apr 2015 16:39:52 +0000 http://www.insurancejournal.com/?p=366411 Multiple hailstorms in Texas over the second half of April are expected to result in at least 60,000 auto insurance claims, the Insurance Council of Texas reported. “Hail and windstorm claims are still coming in from almost every corner of …

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El Amrani Awarded Matt Wells Producer School Scholarship http://www.insurancejournal.com/news/national/2015/04/30/366406.htm Thu, 30 Apr 2015 16:34:00 +0000 http://www.insurancejournal.com/?p=366406 Kimberly El Amrani is the recipient of The Matt Wells Scholarship for The National Alliance Producer School on May 13-15 in Tallahassee, Fla. El Amrani is the principal owner/agent with Prime Insurance Group LLC, in Henrico, Va. Selected for her …

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Tollenaere Joins Roach Howard Smith & Barton in Texas http://www.insurancejournal.com/news/southcentral/2015/04/30/366398.htm Thu, 30 Apr 2015 16:23:13 +0000 http://www.insurancejournal.com/?p=366398 Joanna M. Tollenaere joins Texas-based independent insurance brokerage firm Roach Howard Smith & Barton as a commercial sales executive. She will focus on developing new client relationships and strategic partnerships with companies in both the public and private sectors. Tollenaere …

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