Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
People
Dec 17 2018 // Reliance Partners, which specializes in commercial insurance, added Brandon Richards as chief sales officer and opened a new office in Austin, Texas. Richards is a veteran insurance professional with more than 17 years in...
Special Report: The Industry Industry Gives Back
Dec 14 2018 // Safety National Safety National proudly supports Variety the Children’s Charity of St. Louis, an organization that has been helping children with physical and developmental disabilities for more than 80 years. In...
AM Best: Outlooks Revised to Stable for Texas Farm Bureau Insurance Companies
Dec 14 2018 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas Farm Bureau...
ICT: Central Texas October Flood Insured Losses Top $22M, So Far
Dec 14 2018 // Payments made by FEMA’s National Flood Insurance Program (NFIP) for insured losses from flooding in central Texas in mid-October have exceeded $22 million and could exceed $30 million when all claims have been filed...
Texas Hurricane Harvey Rebuilding Commission: Storm Was a ‘Wakeup Call’
Dec 14 2018 // A commission convened by Texas Gov. Greg Abbott to focus on rebuilding after Hurricane Harvey issued a report on Dec. 13 saying the state should take a series of steps to prepare for the next big storm, including improving...
Austin Agents, Texas Surplus Lines Assoc. Donate $2,775 to Food Bank
Dec 13 2018 // The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts in December to collect food and money for the Capital Area Food Bank located in Austin, Texas. At the IIAA Christmas...
Texas Agency, The Nitsche Group, Named to Baylor’s Family Business Hall of Fame
Dec 12 2018 // The Nitsche Group, an independent insurance agency headquartered in Giddings, Texas, has been inducted into the Hall of Fame during this year’s Family Business of the Year Awards Program hosted by Baylor...
4K Texas Businesses Share $3M in Early Qualifier Dividends from Texas Mutual
Dec 12 2018 // Austin-based workers’ compensation insurer, Texas Mutual Insurance Co., has paid more than $3 million in early qualifier dividends to approximately 4,000 newer policyholder owners across the state. This payout is the...
Dallas’ RiskPro Global Partners Acquired by Risk Strategies
Dec 11 2018 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired RiskPro Global Partners, a full-service property/casualty and employee benefits firm headquartered in Dallas,...
WCRI: Texas Workers’ Comp Medical Costs Per Claim Decreased Since 2014
Dec 10 2018 // Medical payments per workers’ compensation claim in Texas decreased from 2014 to 2016 for claims with more than seven days of lost time, evaluated as of 2017, according to a recent study by the Workers Compensation...
Texas Water Board: Cost to Curb Flooding over 10 Years – $31.5B
Dec 10 2018 // The cost to curtail damaging flooding across Texas over the next 10 years is more than $31.5 billion and state officials are urging lawmakers to adopt legislation meant to end a cycle of “repairing and...
Brown & Brown Acquires Texas’ Dealer Associates Inc.
Dec 7 2018 // Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all assets of Arlington, Texas-based Dealer Associates Inc. (DAI), the company reported. Since 1990, DAI has provided a...
Texas DWC: Firefighters’ Cancer-Related Workers’ Comp Claims – and Denials – an Emerging Issue
Dec 7 2018 // How to process cancer-related workers’ compensation claims filed by firefighters’ and emergency medical technicians’ (EMTs) is developing into an emerging issue, Texas workers’ compensation system...
Texas Mulling Restrictions on Wastewater in Oil Country as Quakes Increase
Dec 6 2018 // Texas is considering new restrictions on how shale explorers dispose of wastewater from oil drilling as earthquakes rattle the largest oil-producing American state. The new rules would target how much and at what pressure...
2018 Texas Surplus Lines Premium Numbers Surpass 2017 Total
Dec 5 2018 // At the end of November, the Surplus Lines Stamping Office of Texas (SLTX) had recorded $5.57 billion in Texas surplus lines premium, exceeding the $5.46 billion total reported for the full-year of 2017. This represents a...
Investigators: Driver Fatigue Contributed to Deadly 2016 Texas Bus Crash
Dec 5 2018 // A bus driver with “acute sleep deficit” failed to stay in his lane and caused his vehicle to careen out of control, resulting in a wreck that killed nine people and injured nearly 40 others in 2016, federal...
Only a Fraction of Patients Benefit from Medical Cannabis under Texas Law
Dec 5 2018 // Fewer than 600 of an estimated 150,000 Texas patients with uncontrollable epileptic seizures have been prescribed a low-THC oil derived from cannabis under the state’s restrictive medical marijuana program. Roughly...
Texas Senate Panel: Feds Paid Most of Harvey $2.7B Recovery Cost so Far
Dec 4 2018 // Hurricane Harvey recovery will end up costing the state as much as $2 billion, according to a report released Nov. 30 by the Texas Senate’s budget-writing panel, although it said costs may fluctuate based on how much...
Several Injured in North Texas School Bus/Car Accident
Dec 3 2018 // Investigators say one adult has been critically injured and several students were slightly hurt when a school bus was hit head-on by a car in North Texas. The Department of Public Safety says the Bridgeport Independent...
Business Moves
Dec 3 2018 // Hilb Group, Burns & Eustice Insurance Agency Hilb Group LLC has acquired Michigan-based Burns & Eustice Insurance Agency. B&E has been offering property/casualty insurance products and services to businesses...
