Monthly Archives: <span>August 2006</span>

Retired General, Former USAA Chairman Dies at Age 86

Retired Brig. Gen. Robert F. McDermott, a former chairman of San Antonio, Texas-based insurance giant USAA and of the San Antonio Spurs, died Aug. 28, a family friend said. McDermott, 86, died at Brooke Army Medical Center in San Antonio …

Texas Agent Honored by National Republican Congressional Committee

Independent Insurance Agents of Texas announced that Kenneth Threlkeld, a long-time member of IIAT and founder of Threlkeld & Company Insurance in Tyler, Texas, was named the 2006 Republican of the Year from Texas by the National Republican Congressional Committee’s …

Texas Agent Group Urges Lawmakers to Address Windstorm Problems

At its Board of Directors meeting in Austin on Aug. 25 and 26, the Texas Insurance Professionals (PIA Texas) discussed the current situation facing the Texas insurance market as it relates to the Texas Windstorm Insurance Association, and concurred that …

In Advance of Windstorm Hearing, AIA Provides Input for Texas Legislators

The American Insurance Association (AIA) announced it has submitted information regarding residual insurance markets and natural catastrophes to the Texas Joint Committee on Windstorm Coverage and Budgetary Impact for its Aug. 30 hearing in Corpus Christi. “Writing property insurance in …

Mo. Judge Allows Sponsor of Law into Voter ID Case

The legislator who handled the new law requiring voters to show a photo ID at the polls was allowed to step into the court battle Monday. Missouri’s Cole County Circuit Judge Richard Callahan permitted Sen. Delbert Scott, R-Lowry City, to …

Ind. WellPoint Offers Product in All States to Largest Employers, Individuals

Indianpolis-based WellPoint, Inc. recently announced that it will make its new consumer-driven health plan (CDHP) products and services available in all states and to all markets, from the largest national employer to an individual member, beginning Jan. 1, 2007. Previously, …

Texas Insurers Say They Learned Lessons from Hurricane Katrina

Texas insurers were thankful that Hurricane Katrina avoided the state’s coastal property, but the storm provided the industry valuable lessons in dealing with future catastrophes. Hurricane Katrina forced companies to focus on improving communications, access and manpower. Hundreds of insurance …

Customer Satisfaction Impacts Bottom Line, J.D. Powers Reports

Auto insurance companies that record high levels of customer satisfaction benefit from customer behaviors that have positive financial implications, according to the J.D. Power and Associates 2006 National Auto Insurance Study released today. The study identifies and tracks performance on …

One Year Later: Reflections on White House Handling of Katrina

Hurricane Katrina lashed President Bush’s image as a take-charge commander in chief when it battered and deluged the Gulf Coast. Ever since, the president has sought to overcome the political damage done when he appeared initially aloof from the suffering …

Texas Arson Hotline Call Results in Arrests and Reward

An anonymous phone call to the state’s Arson Hotline resulted in the arrests of two men in Brady, Texas. The Texas Advisory Council on Arson (ATAC) reported that the suspects were charged with burglary with intent to commit arson and …