Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Jury Awards Municipal Utility $30M in Overcharge Case
Jul 24 2014 // A Central Texas jury has delivered a nearly $30 million verdict against the Lower Colorado River Authority. A Comal County jury returned the verdict in favor of New Braunfels Utilities. The Austin-based river authority...
Texas Homebuilder Workers’ Comp Group Distributing $500K to Members
Jul 23 2014 // Texas Homebuilder Workers’ Compensation Group (THB) announced that 2014 dividend payments to policyholders will total more than $500,000. The program is available only to homebuilders in Texas. Founded in 2004 by...
Texas Man to Pay $42.1K Restitution for Home Repair Fraud in Oklahoma
Jul 22 2014 // After a four-year pursuit, the Oklahoma Attorney General’s Office says it has secured $42,158 in restitution from a Texas man for Oklahoma victims of home repair fraud. The office said that Randy Leroy Madewell of...
Greater Texas Insurance Managers and Agency Merges with BKCW Insurance
Jul 21 2014 // Independent insurance agency BKCW L.P. of Killeen, Texas, and Greater Texas Insurance Managers and Agency of Austin merged operations effective July 1, 2014. Greater Texas Insurance Managers and Agency will continue to do...
Rebates, Referrals and Rewards in Texas – What’s OK and What’s Not?
Jul 21 2014 // What are the rules governing insurance agents in Texas on rebates, referrals and rewards, and why do they matter? For starters, at a minimum, an agent could lose their license for violating rules regarding such activities....
Texas Hailstorm Damage Estimated at $400M
Jul 21 2014 // Insured losses to vehicles, homes and commercial property from the June 12 hailstorm in Abilene, Texas, are expected to hit $400 million, the Insurance Council of Texas (ICT) reported. Leroy Perkins of the Perkins...
Business Moves
Jul 21 2014 // Integro, Daugherty Insurance Services, Lugo & Associates Insurance brokerage and risk management firm Integro has acquired Stockton, Calif.-based Daugherty Insurance Services, a retail broker. Details of the deal were...
As America Overall Ages with Boomers, Energy States See Youth Boom
Jul 21 2014 // Seven states, including five in the Great Plains, saw their median age decline between 2012 and 2013, according to U.S. Census Bureau estimates. At the same time, the median age for the United States as a whole ticked up...
Insurance Council of Texas Honors Gentry with Raymond Mauk Award
Jul 17 2014 // Rick Gentry, former executive director for the Insurance Council of Texas (ICT), was presented the Raymond Mauk Leadership Award at the ICT’s Mid-Year Property and Casualty Symposium in Austin. Gentry led the ICT for...
Denton, Texas, Rejects Partial Fracking Ban
Jul 17 2014 // The council governing a North Texas city that sits atop a large natural gas reserve rejected a bid that would have made it the first city in the state to ban further permitting of hydraulic fracturing in the...
Insurance Network of Texas Changes Name to The Nitsche Group
Jul 16 2014 // Insurance Network of Texas, an independent insurance agency based in Giddings, Texas, is operating under a new name: The Nitsche Group. The company also unveiled a redesigned web site: www.TheNitscheGroup.com. The new site...
Texas Shipyard Faces $305K in OSHA Penalties
Jul 15 2014 // Texas-based Sterling Shipyard LP has been cited for 16 serious, repeat and failure-to-abate violations by the U.S. Department of Labor’s Occupational Safety and Health Administration for continuing to expose workers...
Austin-Based Service Lloyds Insurance Co. Promotes Collier, Kearbey
Jul 15 2014 // Austin, Texas-based Service Lloyds Insurance Co. announced changes to its management team. G. Steven Collier has been named vice president of underwriting. Collier is a senior-level executive with over 34 years of success...
Texas-Based Insurance Agency Aggregator, CAA, Grew by 21% in 2013
Jul 14 2014 // Austin, Texas-based Combined Agents of America LLC (CAA) announced that through organic and membership growth the insurance agency aggregator grew by 21 percent in 2013. CAA wrote more than $707.8 million in...
Texas Oil and Gas Regulator Asks City not to Ban Fracking
Jul 14 2014 // The head of the agency that regulates the oil and gas industry in Texas is asking officials of Denton in North Texas to withhold support from a grass-roots petition advocating a ban on hydraulic fracturing within the city...
Damage Estimate in Texas Hailstorm Pegged at $400M
Jul 11 2014 // The June 12 hail storm in Abilene, Texas, is expected to hit $400 million in insured losses to vehicles, homes and commercial property, the Insurance Council of Texas reports. It was the second catastrophic hailstorm this...
USG Insurance Services Adds O’Bier in Arlington, Texas Office
Jul 11 2014 // USG Insurance Services Inc., a national wholesaler and MGA, has added Stephanie O’Bier as an associate producer/broker in its Arlington, Texas, office. O’Bier most recently held the position of senior...
TWFG Top 2014 Branches, Agents Honored
Jul 10 2014 // Texas-based The Woodlands Financial Group (TWFG) honored the top branch offices and agents from across the network of more than 300 insurance agencies affiliated under the TWFG Insurance Services umbrella with awards. The...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Central Texas Home an Example of the Benefits of Building Stronger
Jul 9 2014 // A home in Burnet County, Texas, that was picked up and carried 100 yards by a tornado last month, was reinforced according to its owner, Trenton Ashworth. The National Weather System reported that the EF-2 tornado that hit...
