Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
People
Jan 21 2019 // John Doyle, president and CEO of global insurance broker Marsh, announced the appointments of key leaders for regional, specialty and placement teams worldwide that will be effective upon closing of the acquisition by...
Flood Coverage, TWIA, Workers’ Comp Relativities Among TDI Concerns in Legislative Report
Jan 21 2019 // In its 2018 Biennial Report to the Legislature dated Dec. 14, 2018, the Texas Department of Insurance made several recommendations to state lawmakers regarding issues the agency believes are worth looking at in the...
Texas Surplus Lines Industry Had a Record-Setting Year in 2018
Jan 21 2019 // The Surplus Lines Stamping Office of Texas (SLTX) reported that the state recorded $6.08 billion in excess and surplus insurance premium for 2018, representing an 11.4 percent growth over 2017. The numbers represent...
ICT: Destructive Weather Took a Break in Texas Last Year
Jan 18 2019 // Between 2015 and 2017, Texas experienced a record number of tornadoes, hailstorms and a hurricane, but the state finally got a reprieve from all of the destructive weather in 2018, the Insurance Council of Texas (ICT)...
Normandy Insurance Expands Workers’ Comp Coverage to Texas
Jan 17 2019 // Florida-based workers’ compensation carrier Normandy Insurance Co. is now offering workers’ compensation insurance to small, mid-size, and large businesses in Texas. This marks the fourth major expansion by the...
AIG’s Bernal Joins AXA XL’s Broker/Client Management Team in Texas
Jan 17 2019 // Roman E. Bernal has joined AXA XL’s broker and client management team in Houston as client distribution leader for the US South Central region, reporting to Wayne Speeg, US South Central regional leader. Bernal will...
TDI Shares Consumer Concerns About Contractors, Roofers with Lawmakers
Jan 15 2019 // While not making any specific recommendations to lawmakers regarding the licensing of building and roofing contractors, the Texas Department of Insurance noted in its 2018 Biennial Report to the Legislature that the...
Nelson Named President of Dallas-Fort Worth RIMS Chapter
Jan 15 2019 // Penni Nelson has been named president of the Dallas-Fort Worth chapter of the Risk and Insurance Management Society (RIMS) for 2019, the Surplus Lines Stamping Office of Texas (SLTX) announced. Nelson is a member of the...
Train Derails in Texas, Sends Freight Cars into Backyards
Jan 11 2019 // A freight train derailment in the center of a small North Texas town sent freight cars smashing into a resident’s backyard. The 9:30 a.m. Jan. 9 smashup in downtown Aubrey, Texas, involved a Union Pacific train of...
Workers’ Comp Relativities Are Obsolete, TDI Says
Jan 11 2019 // In its 2018 Biennial Report, the Texas Department of Insurance has recommended that lawmakers delete from state statute references to classification relativities as an alternative basis for workers’ compensation...
Texas Regulators Urge Flexibility in Claim/Dispute Deadlines for Windstorm Insurer
Jan 10 2019 // The Texas Department of Insurance in its 2018 Biennial Report to the legislature has recommended amending state law to permit more flexibility in time limits for handling and resolving claims and disputes brought to the...
Texas Insurance Department Recommends Flood Disclosure on Property Policies
Jan 9 2019 // In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session. One, at...
SLTX: Texas’ Excess, Surplus Insurance Premium Grew 11.4% Last Year
Jan 7 2019 // The Surplus Lines Stamping Office of Texas (SLTX) reported that the state recorded $6.08 billion in excess and surplus insurance premium for 2018, representing an 11.4 percent growth over 2017. Certain coverages have...
Natural Disasters to Dominate Insurance Agenda in Texas; Oklahoma’s New Commissioner Eyes Uninsured Motorists
Jan 7 2019 // The Texas Legislature meets every two years, so when state lawmakers are in Austin, they have a lot to deal with. That’s unlikely to change when the 140-day 86th Legislature’s regular session convenes on Jan....
Declarations
Jan 7 2019 // Caution Advised “I encourage New Yorkers to exercise caution when disclosing sensitive personal information.” — New York Attorney General Barbara D. Underwood warned in a press release announcing that a...
2018 Agents of the Year
Jan 7 2019 // Jacob Barzivand Paramount Exclusive Insurance Services Inc. | Encino, California Jacob Barzivand started working as an insurance producer right after college at the age of 20. Now, at just 26, he’s built a sizable...
Trump Administration Delay with Storm Mitigation Funds Frustrates States
Jan 4 2019 // The Trump administration is sitting on billions of dollars intended to help vulnerable cities and states prepare for extreme weather, prompting growing criticism from state officials worried about the next storm season. In...
Indiana Fines Texas Trucking Company over Fish Kill
Jan 3 2019 // Indiana regulators are seeking a more than $12,000 fine against a Texas trucking company accused of causing a fish kill in eastern Indiana. The Indiana Department of Environmental Management recently issued a notice of...
More than 30 Vehicles Pile Up on Texas Highway in Heavy Fog
Jan 2 2019 // Officials in Texas say more than 50 people were evaluated for medical care after a massive multi-car pileup in foggy weather early on Jan. 1. The pileup involved 32 vehicles — two of them semitrucks — just an hour...
Texas Surplus Lines Industry Sees Rule Changes at Year’s End
Dec 31 2018 // New rules for the Texas surplus lines insurance industry are coming into effect at the end of 2018 and beginning of 2019. According to the Surplus Lines Stamping Office of Texas (SLTX), one of the most pressing changes...
