Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas’ Murex Petroleum Sued for Allowing Racial Harassment, Hostile Workplace
Aug 9 2018 // A Texas-based oil and gas company, operating in Tioga, N.D., violated civil rights law by subjecting an African-American employee to a hostile work environment based on his race, the U.S. Equal Employment Opportunity...
Texas Windstorm Insurance Association: Rates Inadequate by More Than 30%
Aug 9 2018 // While the board of the directors of the Texas Windstorm Insurance Association voted at its recent quarterly meeting to raise rates for residential and commercial properties by 10 percent next year, the group acknowledges a...
Texas Governor Renews Hurricane Harvey Disaster Declaration
Aug 8 2018 // Texas Governor Greg Abbott has extended the disaster declaration for 60 counties impacted by Hurricane Harvey last year. Abbott first issued a disaster declaration on Aug. 23, 2017, for Aransas, Austin, Bee, Brazoria,...
IBHS Study Chronicles Hurricane Harvey Wind Damage, Provides Takeaways
Aug 8 2018 // Hurricane Harvey will be remembered as an epic flooding disaster – and rightly so. But there is more to the story of this brutal hurricane which struck in late August 2017, according to the Insurance Institute for...
Texas Commission Seeking Comments for Texas Windstorm Insurance Review
Aug 7 2018 // While the Texas Windstorm Insurance Association is not subject to closure by the state’s Sunset Commission, the insurer is subject to periodic review by the commission as required by the Texas Sunset Act. As it...
PCI: Majority of Texans Not Prepared for Hurricane Season
Aug 6 2018 // A large majority of Texas residents are not taking necessary steps to protect their property this hurricane season despite the aftermath of Hurricane Harvey, according to a new poll conducted online by SurveyMonkey on...
Hub International Acquires The Ward Agency in Texas
Aug 6 2018 // Hub International Limited (Hub) has acquired the assets of Texas-based The Ward Agency (Ward Agency). Terms of the acquisition were not disclosed. Headquartered in Longview, Texas with an office in Tyler, Texas, Ward...
Arkema NA, CEO Indicted in Texas for ‘Reckless’ Chemical Release
Aug 6 2018 // The North American subsidiary of a French chemical manufacturer and two senior staff members were indicted in connection with last year’s explosion at the Crosby, Texas, plant in the wake of Hurricane Harvey. Arkema...
Flood Insurance Uptake Rises in Texas but Increase May Not Last
Aug 6 2018 // Federal data indicates the number of homes in Texas with flood insurance has risen in the year since Hurricane Harvey inundated the Houston area. The floods last August killed nearly 70 people and damaged or destroyed more...
Texas Seeks Input on Changes to Catastrophe Data Call Standards
Aug 6 2018 // Texas insurance regulators have responded to insurer requests for revisions to its standards for catastrophe data calls and is seeking input on the proposed changes. The Texas Department of Insurance said following...
Texas Petrochemical Contractor to Pay $135K in Disability Discrimination Suit Settlement
Aug 6 2018 // A Texas petrochemical services company that fired three brothers because of a blood disorder that they shared will pay $135,000 to settle a lawsuit filed by federal officials. Signature Industrial Services LLC (SIS) in...
People
Aug 6 2018 // Risk management services firm, Hanover Stone Partners, has tapped Ellen Shew Holland to lead its newly established national higher education practice. She is based in Dallas. Shew Holland will lead a practice that will...
Texas Sees 10.6% Growth in Surplus Lines Premium at Mid-Year
Aug 6 2018 // May 2018 was the highest-grossing month for surplus lines premium in Texas, with $681 million recorded, the Surplus Lines Stamping Office of Texas (SLTX) reported. Total premium in Texas stood at $3.06 billion as of June...
ReliaMax Dropped from Texas’ Eligible Surplus Lines List
Aug 6 2018 // Following its placement into liquidation by the South Dakota Division of Insurance in late June, the Texas Department of Insurance removed ReliaMax Surety Co. from the list of eligible surplus lines insurers in Texas, the...
Business Moves
Aug 6 2018 // BNC Insurance Agency, Murray, Schoen & Homer BNC Insurance Agency Inc., an independently owned retail brokerage firm with headquarters in Rye Brook, N.Y., has acquired Murray, Schoen & Homer Inc., also located in...
West Texas Natural Gas Pipeline Explosions Injure 7
Aug 3 2018 // The number of people injured in a series of explosions on a West Texas natural gas pipeline has risen to seven. Authorities initially said five people — a volunteer firefighter and four pipeline employees — were hurt...
Texas Parking Garage Collapse Damages Dozens of Cars
Aug 2 2018 // Two sections of a suburban Dallas parking garage have collapsed five hours apart, sending vehicles and rubble onto other vehicles below. Assistant Fire Chief Jack Taylor said there appeared to be no injuries in the initial...
TWIA Board OKs Additional $106.8M Insurer Assessment for Harvey Losses
Aug 1 2018 // The Texas Windstorm Insurance Association (TWIA) board has unanimously approved an additional Class 1 member assessment of $106.8 million for Hurricane Harvey losses, the Insurance Council of Texas (ICT) reported. The...
Texas Petrochemical Contractor to Pay $135K in Disability Suit Settlement
Aug 1 2018 // A Texas petrochemical services company that fired three brothers because of a blood disorder that they shared will pay $135,000 to settle a lawsuit filed by federal officials over the firing. Signature Industrial Services...
Flood Insurance Uptake Rates Rise in Texas Following Harvey
Jul 31 2018 // Little more than two months before Hurricane Harvey slammed the Gulf Coast of Texas, Alberto Castaneda let his home’s flood insurance lapse. He had never filed a claim on the policy in 10 years and he needed the...
