Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
USI Insurance Services Acquires Texas’ Hignojos Insurance Agency
May 6 2024 // USI Insurance Services announced the acquisition of Odessa, Texas-based Hignojos Insurance Agency. Founded in 2009, Hignojos Insurance Agency is an independent brokerage firm specializing in commercial and personal risk...
Business Moves
May 6 2024 // National Strategic Risk Solutions, Garnet Captive Insurance Services Strategic Risk Solutions (SRS) reported it has agreed to acquire Garnet Captive Insurance Services, a Philadelphia, Pennsylvania, firm that partners with...
Texas Home Manufacturers to Pay $135K to Settle Race Discrimination Suit
May 6 2024 // Cavco Industries, Inc.; Palm Harbor Homes, Inc.; and Palm Harbor Villages, Inc., which manufacture and sell manufactured homes in Waco, Texas, will pay $135,000 to settle a race discrimination lawsuit filed by the U.S....
Miami Retirement Fund Class Action Alleges Globe Life Officers Concealed Fraud
May 3 2024 // After an investment research firm dropped a bombshell last month and sent shares of Globe Life Inc. plunging by 53%, the insurance company denied the allegations that officers had concealed fraud and sexual harassment...
PCF Insurance Acquires Georgia, Texas Brokerages
May 2 2024 // PCF Insurance Services, an insurance brokerage operating in 40 states, has acquired All Star Insurance in Venus, Texas, and Encore Advisors, based in Norcross, Georgia. Utah-based PCF said in a news release this week that...
‘Car Wreck Clyde’ Attorney in Texas Charged with Skimming $2.4M from Settlements
May 2 2024 // A Houston plaintiffs’ attorney known as “Car Wreck Clyde” is awaiting court proceedings after being charged with skimming as much as $2.4 million in client settlement proceeds over the past decade,...
Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire
May 2 2024 // The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that hadn’t been effectively maintained or replaced, according to a state legislative committee report. The pole...
The Future Is Near for Self-Driving Trucks on US Roads
May 1 2024 // On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board. A quarter-mile ahead, the truck’s sensors spotted a trash can blocking one lane and a tire in...
Billionaire Ellison Is Moving Oracle to Nashville From Texas
Apr 30 2024 // Larry Ellison plans to make Nashville the world headquarters for Oracle Corp., only a few years after relocating the tech giant from Silicon Valley to Austin. Ellison said Oracle is developing a campus in the Tennessee...
Tests Show Pasteurized Milk Safe as Bird Flu Spreads
Apr 29 2024 // Additional tests of milk showed that pasteurization killed the bird flu virus, federal health officials said on Friday, as Colorado became the ninth U.S. state to report an infected dairy herd. Federal lawmakers urged the...
AM Best Downgrades Credit Rating of Texas Farm Bureau Insurance Group
Apr 24 2024 // AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) of...
What to Know About New Rights for Pregnant Workers
Apr 23 2024 // Pregnant employees have the right to a wide range of accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act that supporters say could change workplace culture for millions of...
Risk Perception Drops After Hurricanes: Study
Apr 23 2024 // As time passes after hurricanes, new analysis by Stanford University researchers shows perception of personal risk, including the likelihood of injury and home damage, decline. The findings suggest that programs and...
Tiny Texas City Repels Russia-Tied Hackers Eyeing Water System
Apr 22 2024 // When Mike Cypert got the call that utilities in remote Texas communities were being hacked, he raced across his office to unplug the computer that ran his city’s water system. Hale Center is a dusty, cotton-growing...
Inszone Acquires Texas’ Talerity
Apr 19 2024 // Inszone Insurance Services announced the strategic acquisition of Talerity, LLC, a specialized insurance agency focusing on professional liability for medical providers. Founded in 2008 by Cary Smith, Talerity has carved a...
Texas DWC Adopts Amendments to Accident Prevention Services
Apr 18 2024 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced this week that it has adopted amendments the 28 Texas Administrative Code concerning certain submission requirements for insurance...
Wildfires Are Upending Some of the Safest Bets on Wall Street
Apr 18 2024 // When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at...
Texas Home Manufacturers to Pay $135K to Settle Race Discrimination Suit
Apr 17 2024 // Cavco Industries, Inc.; Palm Harbor Homes, Inc.; and Palm Harbor Villages, Inc., which manufacture and sell manufactured homes in Waco, Texas, will pay $135,000 to settle a race discrimination lawsuit filed by the U.S....
Kanguro Adds Renters Insurance in Texas
Apr 17 2024 // Kanguro Insurance, known for its AI-driven pet health insurance plans, has announced its expansion into renters insurance, starting with the Texas market. The company is actively seeking partnerships with insurance...
Several Texas Water Systems Exceed Federal Limits on ‘Forever Chemicals’
Apr 16 2024 // In Texas, 49 public water utility systems have reported surpassing the U.S. Environmental Protection Agency’s first-ever limits for five “forever chemicals” in drinking water, according to data submitted...
