Monthly Archives: <span>July 2007</span>

People

Richard S. “Dick” Gieger, general counsel of the law firm of Thompson, Coe, Cousins and Irons, was presented the Raymond Mauk Leadership Award on July 12 in Austin, Texas, at the 15th Annual Mid-Year Property and Casualty Symposium. Gieger becomes …

News Currents

Texas approves $1 billion in reinsurance for windstorm pool The Texas Windstorm Insurance Association (TWIA) in early June submitted a proposal to the Texas Department of Insurance for the purchase of $1.5 billion in reinsurance under a three-tiered program. On …

Managing energy industry risk in a volatile world

Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has experienced rapid and profound changes in recent years, …

Declarations

Declarations In service to their country “It is important that members of the Armed Services who enlist in, or return from, active duty are not penalized by their insurance companies for the period of time in which they have put …

Business Moves

Republic, Southern States General Agency Dallas-based Republic Companies Inc. (Republic) acquired Southern States General Agency Inc. (SSGA) from Unitrin Inc., effective July 9. SSGA President Mickey Slaughter and his team joined the Republic organization. SSGA provides specialty commercial and personal …

News Currents

Okla. court says law can’t bar evidence in workers’ comp case State senator vows effort to address issue The Oklahoma Supreme Court invalidated a portion of a state law that prohibits medical evidence to be presented in a workers’ compensation …

Ark. 2007 workers’ comp bills include rules for second injuries, coverage waivers

The Arkansas Workers’ Compensation Commission has summarized workers’ compensation acts passed by the 2007, 86th General Assembly: Act 1599: Raises the $75,000 threshold at which the Death and Permanent Disability Trust Fund assumes payments of benefits for injuries resulting in …

News Currents

Agents question SDR on Texas Select unearned commissions policy The Special Deputy Receiver (SDR) for Texas Select Lloyds, in response to a request from the Independent Insurance Agents of Texas for clarification on the billing of former Texas Select agents …

In the oil and gas sector, all policies are not the same

In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims — and they remain as important areas …

South Texas counties at odds with FEMA over maps

Hidalgo County, Texas, officials are moving to block the release of an updated Rio Grande flood plain map that would force property owners to buy flood insurance. The Federal Emergency Management Agency plans to release the map declaring most of …