Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Bill Would Create Roofing Contractor Registration
Mar 9 2015 // Texas Rep. Kenneth Sheets filed legislation that would establish a voluntary roofing contractor registration program with the Texas Department of Insurance (TDI). Sheets said House Bill 1488, known as the Roofing...
People – South Central
Mar 9 2015 // Carrollton, Texas-based Hotchkiss Insurance Agency (HIA) announced a new leadership team. Mike Hotchkiss is now the CEO, Ken Hotchkiss is the chief operating officer and Greg Hotchkiss is the chief financial officer. HIA...
State Farm to Pay $352.5M to Settle Texas Residential Overcharges Case
Mar 9 2015 // A settlement has been reached in a long-running dispute between the nation’s largest homeowners insurer and the state of Texas over premium overcharges. The Texas Office of Public Insurance Counsel (OPIC) announced...
Report: Wildfire Reconstruction of West’s Riskiest Homes – $237B
Mar 9 2015 // In the Western United States there are nearly 900,000 homes representing an estimated reconstruction cost of more than $237 billion considered at “very high” or “high” risk from wildfires, a report...
What’s Driving Nonstandard Auto – Technology, Consolidation, Population Changes, Fuel Specialty, Opportunity
Mar 9 2015 // The nonstandard auto market is characterized by substandard operating performance. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many are struggling to...
Tapping Into the Talent Pipeline
Mar 9 2015 // By 2020, the entire insurance industry will have 400,000 positions to fill. About 120 academic programs exist worldwide offering courses, concentrations and majors in risk management and insurance. About 80 are located in...
Texas-Based National Lloyds Sees Record Earnings in 2014
Mar 6 2015 // National Lloyds Corp., a Waco-based insurance holding company, announced its best yearly earnings in the company’s history with $25.7 million of pre-tax income. Over the past several years, storm activity in Texas...
Road Funding Bill Passed by Texas Senate
Mar 6 2015 // The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the...
Texas Businesses Oppose ‘Pro-Discrimination’ Legislation
Mar 6 2015 // Two proposed constitutional amendments that supporters say would protect Texans from government intrusion into their free exercise of religion are meeting resistance from a coalition led by a former adviser to George W....
Tennessee Lawmakers Introduce Work Comp ‘Option’ Legislation
Mar 6 2015 // Tennessee may soon have its own answer to an alternative workers’ compensation insurance option through new legislation by Republican lawmakers known as the Tennessee Employee Injury Benefit Alternative. Tennessee...
Texas Insurance Agencies Higginbotham, Aycock & Fowler Merge
Mar 4 2015 // Fort Worth, Texas-based Higginbotham and Aycock & Fowler, in Lubbock, Texas, have merged. Both are independent insurance firms providing property and liability insurance, risk management and employee benefit services...
A.M. Best: State Farm Lloyds Ratings Unchanged After Texas Settlement
Mar 4 2015 // A.M. Best says the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb” of State Farm Lloyds in Dallas are unchanged following the announcement that it has reached a settlement...
Talbert Named CEO of Texas-Based Insurors Indemnity Cos.
Mar 3 2015 // Waco, Texas-based Insurors Indemnity Companies named Dave Talbert as president and chief executive officer effective March 1. Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry...
State Farm to Pay $352.5M to Settle Texas Residential Overcharge Case
Feb 27 2015 // A settlement has been reached in a long-running dispute between the nation’s largest homeowners insurer and the state of Texas over premium overcharges. The Texas Office of Public Insurance Counsel (OPIC) announced...
Mattax Confirmed as Texas Insurance Commissioner
Feb 27 2015 // The appointment of David Mattax as Texas Insurance Commissioner has been confirmed by the Texas Senate, the insurance department reported. David Mattax Mattax was appointed to the job by Gov. Greg Abbott on Jan. 21. He was...
Texas Bill Would Create Roofing Contractor Registration Program
Feb 26 2015 // Texas state Representative Kenneth Sheets filed legislation that would establishes a voluntary roofing contractor registration program with the Texas Department of Insurance (TDI). Sheets said House Bill 1488, known as the...
After Riots, Authorities Regain Control of Texas Prison
Feb 23 2015 // Officers have regained control of a South Texas prison where inmates had set fires and caused significant damage after taking over part of the facility, according to the private contractor operating the prison. About 300...
Texas Insurance Wholesalers Wary of Retail Agent Association MGA
Feb 23 2015 // In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general agency as a way of providing its members greater access to...
Texas Agency, Allred-Thompson-Mason-Daugherty, now Named Higginbotham
Feb 22 2015 // Allred-Thompson-Mason-Daugherty Insurance (ATMD) agency Wichita Falls, Texas, is now doing business under the name of Higginbotham. The name change was effective Jan. 1. ATMD has been in operation since 1988. Jay Awtrey,...
Texas Lawmaker Urges Extension of Wind Insurance Inspection Waiver
Feb 22 2015 // A Texas lawmaker says thousands of coastal residents could lose their windstorm insurance coverage if the Legislature doesn’t extend a program that provides waivers for those who have been nonrenewed for coverage by...
