Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
ICT Honors Haigood with Raymond Mauk Award
Jul 13 2017 // The Insurance Council of Texas (ICT) awarded Lyndell Haigood, former regional vice-president for governmental relations at State Auto, with the 2017 Raymond Mauk Leadership Award. Haigood is the 20th recipient of the...
Texas E&S Broker McClelland & Hine Promotes Barnes and Hine
Jul 13 2017 // San Antonio-based managing general agent and excess and surplus (E&S) lines broker, McClelland and Hine Inc. (MHI), has promoted Lisa Barnes to the position of chief operating officer, and named Amicia Hine president...
Texas’ RHP General Agency Acquiring Homeowner Business from Sycamore Insurance
Jul 12 2017 // Conifer Holdings, headquartered in Michigan, has agreed to sell the book of HomeValue business produced through Sycamore Insurance Agency to Texas-based RHP General Agency Inc. As part of this renewal rights transaction,...
U.S. Risk Insurance Group Acquires IMS London American
Jul 11 2017 // Property/casualty wholesaler, U.S. Risk Insurance Group LLC, has acquired Texas-based IMS London American Brokerage and Underwriting Services. IMS President Larry Mennes has been named president of U.S. Risk’s...
Former Texas Businessman Gets 7 Years for Scamming London Insurer
Jul 11 2017 // A former Texas businessman was sentenced to seven years in prison and ordered to repay nearly $4 million in an insurance scam targeting a British company. Federal prosecutors say 66-year-old Wesley Michael Woodyard was...
Texas Peach Crops Affected by Mild Winter
Jul 10 2017 // Experts say the mild Texas winter hampered this year’s peach crop in parts of the state. The North Texas harvest appears to be bountiful, but growers in some other areas of the state faced challenges, the Fort Worth...
U.S. Risk Insurance Group, LLC Announces the Acquisition of IMS London American
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
People
Jul 10 2017 // Kansas City-based insurance broker Lockton has named Jeff Henningsen as president of its Houston property/casualty insurance operation. Henningsen will take on an expanded leadership role in business development for the...
Texas Workers’ Comp Draft Rule Requires Preauthorization of Compounded Drugs
Jul 6 2017 // The Texas Department of Insurance – Division of Workers’ Compensation is accepting comments through July 7 on an informal draft rule that requires compounded drugs to be preauthorized. The draft rule was...
2016 Texas Hail Losses Exceed $5B
Jul 5 2017 // Wind and hail loss information for 2016 released recently by the Texas Department of Insurance (TDI) show that homeowner losses from hail in Texas were the highest annual losses ever recorded, as they exceeded $5 billion,...
Texas Agencies, Higginbotham, Jeannette Blanton Insurance Merge
Jun 30 2017 // Fort Worth, Texas-based Higginbotham has partnered with the Jeannette Blanton Insurance Agency Inc., a branch office of Dallas-based Independent Insurance Group Inc. Jeannette Blanton Insurance is located in Ennis, Texas....
Perry to Chair State Bar of Texas’ Insurance Law Section
Jun 29 2017 // Meloney Perry, founder of the Dallas-based insurance defense law firm Perry Law P.C., has been elected as the 2017-18 chair of the Insurance Law Section of the State Bar of Texas. The state bar’s Insurance Law...
Texas Stamping Office: Surplus Lines Cyber Growth Keeps Up with Demand
Jun 29 2017 // In Texas and across the nation, the surplus lines insurance market is keeping up with the increase in demand for cyber liability protection, according to the Surplus Lines Stamping Office of Texas (SLTX). Surplus lines...
Watkins Insurance Group Welcomes Scott as VP, Finance
Jun 28 2017 // Austin-based Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, has added Chris Scott as vice president of Finance. Scott brings to Watkins Insurance...
Higginbotham, Painter & Johnson Financial Merge Operations
Jun 27 2017 // Fort Worth-based independent insurance broker, Higginbotham, and Painter & Johnson Financial have merged their insurance operations in Central Texas. Painter & Johnson Financial is a broker of insurance, securities...
Texas Ex-Track Coach’s Discrimination Suit to Proceed
Jun 26 2017 // The Texas Supreme Court has refused to block a sex and race discrimination lawsuit filed against the University of Texas by former women’s track coach Bev Kearney, who was forced out after the school learned of a...
Number of Compound Drug Prescriptions Falling in Texas Workers’ Comp System
Jun 26 2017 // A report released in May by the Texas Department of Insurance – Division of Workers’ Compensation shows that while the number of compounded drug prescriptions in the workers’ comp system grew between 2010 and...
Watkins Insurance Group Expanding to Georgetown, Texas
Jun 23 2017 // Watkins Insurance Group announced it is expanding to Georgetown, Texas, and plans to build a new location in the city’s historic downtown. The new building, to be located at 815 South Main Street, will be a two-story...
Texas Mutual Promotes Green-Hinojosa, Scott to VP Positions
Jun 23 2017 // Austin-based workers’ compensation insurance provider Texas Mutual Insurance Co. has promoted Amy Green-Hinojosa to vice president of the project management office and Nathan Scott to vice president of...
Texas Stamping Office: Surplus Lines Insurance Premium Up for 2017
Jun 23 2017 // Data collected by the Surplus Lines Stamping Office of Texas (SLTX) shows that insurance premium amounts recorded in May 2017 are higher than totals recorded in May of 2016 or 2015. The information was presented at the...
