Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Co.
Sep 18 2024 // AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas...
Texas Mutual board approves $350 million policyholder dividend distribution
Sep 18 2024 // AUSTIN, Texas September 18, 2024—Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, is announcing today that its board of directors voted unanimously to approve a...
Texas is Close to Adopting Revised Oil and Gas Waste Rules
Sep 13 2024 // Texas is inching closer to adopting revised oil and gas waste management rules for the first time in four decades. The Railroad Commission of Texas announced the draft rule at its Aug. 15 meeting and is now soliciting...
Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding
Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...
Strengthening Gulf Storm Could Slam Texas, Louisiana Coasts
Sep 9 2024 // A storm system in the Gulf of Mexico is forecast to strengthen into a hurricane early this week, bringing heavy rain, damaging winds and potentially life-threatening storm surges to parts of the Texas and Louisiana...
Texas Faces Need for Hundreds of Thousands of Homes to Address Housing Shortage
Sep 5 2024 // If Texas wants to rein in its high housing costs, it needs more homes, Texas Comptroller Glenn Hegar’s office said Tuesday — the latest sign that the state’s high home prices and rents have become a growing...
SpaceX Faces Concerns Over Environment Damage in South Texas
Sep 4 2024 // BOCA CHICA — It wasn’t just a day at the beach. But it never is on this small strip of sand near the Texas-Mexico border, not since SpaceX began launching rockets here. On this particular Saturday in August, about...
Investigation Underway After Bleacher Collapse at Texas Rodeo Injures 12 People
Sep 3 2024 // Authorities are investigating the weekend collapse of a portion of bleachers at a rodeo arena in Texas, injuring 12 people near San Antonio. Emergency responders arrived at the rodeo arena shortly after 9 p.m. Saturday in...
4 Killed, 10 Injured When Passenger Van Rolls Over in Texas Highway Crash
Aug 30 2024 // ALVORD, Texas (AP) — Four people were killed and 10 were injured when a van rolled multiple times after the driver veered off a Texas highway and then overcorrected Wednesday, authorities said. The crash happened just...
Texas Officials Sued Over Anti-ESG Law Targeting Wall Street
Aug 29 2024 // The American Sustainable Business Council sued Texas officials in an effort to block a law that restricts state investments with certain financial firms because of their energy policies. The lawsuit filed Thursday in...
Texas Lawmakers Consider Regulations to Address Risks of Artificial Intelligence
Aug 28 2024 // A group of state lawmakers began wading through the complex world of artificial intelligence Tuesday, providing an early glimpse at how Texas may seek to regulate the booming technology. During a nearly four-hour hearing,...
Inszone Acquires Texas’ Keith Williams Insurance Agency
Aug 27 2024 // Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and...
Childcare Provider to Pay $43K in Back Wages After Retaliation Against Texas Worker
Aug 27 2024 // The U.S. Department of Labor has ordered the Southlake, Texas location of a national childcare provider to reinstate an employee and pay $43,295 in back wages and damages after the employer fired them for reporting...
Texas DWC to Hold Brown Bag Series on Dispute Resolution
Aug 26 2024 // The Texas Department of Insurance, Division of Workers’ Compensation will hold a Brown Bag Series with stakeholders in the workers’ compensation system this fall, with a half dozen meetings scheduled across the...
Texas and Southwest Face Scorching Heat Wave
Aug 23 2024 // AUSTIN, Texas (AP) — Summer heat scorched Texas and the Southwest this week, pushing Phoenix to nearly 90 consecutive days of triple-digit temperatures and putting millions of people under excessive heat...
Two Killed in West Texas Plane Crash That Set Off a Fire
Aug 22 2024 // ODESSA, Texas (AP) — A small plane crashed in a West Texas neighborhood Tuesday, killing the pilot and a passenger and setting off a large fire on the ground that injured a woman, authorities said. Witnesses said the...
The Hilb Group Expands Central Region Presence With Texas Acquisition
Aug 22 2024 // The Hilb Group announced that it has acquired a Texas-based property and casualty agency, adding to the company’s expanding presence in the Central region of operations. The company did not name the acquired...
Jury Finds Parents of Texas Student Accused of 2018 Mass Shooting Not Negligent
Aug 21 2024 // The parents of a former student accused of killing 10 people at a high school near Houston in 2018 do not bear financial responsibility for the shooting, a jury decided Monday. A lawsuit brought by victims and their...
Texas Grid Faces Biggest Test of Summer With Extreme Heat
Aug 20 2024 // Texas is facing its biggest test of the summer this week to keep the power on — and air conditioners running — as temperatures hit triple digits and push electricity consumption to all-time highs. Power use on the...
Texas Jury to Decide if a Student’s Parents are Liable in Deadly School Shooting
Aug 19 2024 // DALLAS (AP) — An attorney for the parents of a Texas student accused of killing 10 people in a 2018 school shooting near Houston told trial jurors Friday that they didn’t know their son would have a psychotic...
