Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Surplus Lines Premium Up 13% Over Last Year
Jul 16 2019 // Surplus lines premium in Texas has increased to $3.48 billion at the 2019 mid-year point, up 13.4% over 2018’s mid-year total of $3.06 billion, according to data reported to the Surplus Lines Stamping Office of Texas...
Petri Honored with ICT’s Raymond Mauk Leadership Award
Jul 15 2019 // The Insurance Council of Texas has presented the Raymond Mauk Leadership Award to Verle Petri, a long time insurance executive and expert on Texas insurance regulation and policy. ICT honored Petri with the award during...
Texas Law Targets Surprise Medical Bills in Workers’ Comp
Jul 15 2019 // Texas lawmakers in the recent legislative session passed a bill addressing surprise medical bills injured employees have received after being treated at federal military facilities. Senate Bill 935 requires workers’...
Texas Supreme Court Closes ‘Trapdoor’ Pretrial Ploy that Exposed Defendants to Sanctions
Jul 15 2019 // Insurance companies should take note of a recent ruling by the Supreme Court of Texas that closes a “trapdoor” pretrial discovery gambit by plaintiffs’ lawyers that exposed defendants to sanctions for...
5th Circuit: No Assertion that Drunken Driving Equals Intention to Crash
Jul 12 2019 // If a drunken motorist collides with another vehicle, can the incident truly be called an accident? A federal judge in Texas said “no” and dismissed a plaintiff’s lawsuit seeking punitive damages from...
Arthur J. Gallagher Acquires Texas-Based BluePeak Advisors
Jul 12 2019 // Arthur J. Gallagher & Co. has acquired BluePeak Advisors LLC, headquartered in Bartonville, Texas. Terms of the transaction were not disclosed. With employees operating across the United States, BluePeak Advisors...
Florida-Based Windhaven, The Hearth Insurance Group Tap Wollenberg as CFO
Jul 11 2019 // Susan Wollenberg has been selected to serve as chief financial officer for Windhaven Insurance and The Hearth Insurance Group, according to Jimmy E. Whited, CEO of the Florida-based companies. Wollenberg will be...
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines
Jul 10 2019 // Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines, an independently owned wholesale insurance brokerage. Houston Surplus Lines team will...
The National Alliance for Insurance Education & Research Announces STATE WINNERS of the 2019 OUTSTANDING CSR OF THE YEAR AWARD
Jul 10 2019 // Austin, TX, July 10, 2019 – Each year, a group of exceptional insurance professionals are chosen by The National Alliance for Insurance Education & Research to represent their states and compete to become the...
Judges Frustrated with Failure of Congress to Settle Obamacare Issues
Jul 10 2019 // The U.S. appeals court judges tasked with deciding the fate of the hot potato known as Obamacare had some choice words Tuesday for Congress and the Trump administration. “Why does Congress want the judiciary to be a...
Fewer E&S Flood Insurance Policies in Texas Coastal Counties Post-Harvey
Jul 9 2019 // The organization that keeps track of excess and surplus policies sold in Texas says the number of E&S flood insurance policies in place in the state’s coastal counties declined after Hurricane Harvey hit in...
Affordable Care Act’s Fate Could Rest with Appellate Court’s View on Technical Matters
Jul 8 2019 // The fate of Obamacare, the law that President Donald Trump campaigned on repealing and replacing, could hinge on several technical points of law as a federal appeals court prepares to decide whether it’s...
Brown Tapped as IIAT’s Account Manager of the Year
Jul 8 2019 // The Independent Insurance Agents of Texas (IIAT) has named Ronda Brown, with Texas Associates Insurors in Austin, Account Manager of the Year. This award is given annually to an account manager in Texas who exemplifies...
Kurtz Named Independent Insurance Agents of Texas’ Young Agent of the Year
Jul 3 2019 // The Independent Insurance Agents of Texas (IIAT) has named Wes Kurtz of Pathfinder/LL&D in Houston as its André P. Juneau ELITExan of the Year. This award is given annually to a young insurance professional in Texas...
Update: Voice Recorder Found in Texas Plane Crash; Victims Identified
Jul 3 2019 // Federal investigators said that they have started analyzing the cockpit voice recorder from a small plane that struck a hangar after taking off from a suburban Dallas airport. Two crew members and eight passengers died...
Trident Marine, Signal Mutual Team Up on Waterfront Workers’ Comp in Texas, Louisiana
Jul 2 2019 // Trident Marine Managers (TMM), a specialty marine and offshore energy company and a part of Ryan Specialty Group (RSG), is partnering with Signal Mutual on a workers’ compensation program for waterfront employers...
Swingle Receives IIAT’s 2019 Drex Foreman Award
Jul 1 2019 // The Independent Insurance Agents of Texas (IIAT) has named Frank Swingle Jr., founder and CEO of Swingle Collins & Associates in Dallas, the 2019 Drex Foreman Award winner at IIAT’s Insurcon in Grapevine on June...
Texas Windstorm Insurer: $4.2B Available for 2019 Hurricane Season
Jul 1 2019 // Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. That amount includes a $111...
Business Moves
Jul 1 2019 // East Paquin Insurance Agency, OceanPoint Insurance Agency Paquin Insurance Agency has joined OceanPoint Insurance Agency’s organization in Rhode Island. Paquin Agency Principal Rick Paquin has accepted a position as...
Ray Elected Chair of the Independent Insurance Agents of Texas
Jun 28 2019 // Mark Ray of Borden Insurance Agency in Corpus Christi has been elected to serve as chair of the Independent Insurance Agents of Texas (IIAT) for 2019-20. Additionally, Gaylon Brown of TexCap Insurance in Dallas as was...
