Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
MHBT’s Arthur to Serve as Chair of the Independent Insurance Agents of Texas
Jun 12 2014 // Pat Arthur The Independent Insurance Agents of Texas (IIAT) elected Pat Arthur, shareholder at MHBT in Dallas, to serve as chairman for 2014-2015 during IIAT’s 117th Annual Conference and Trade Show in San...
Texas Doctor Convicted Again on Workers’ Comp Fraud Charges
Jun 10 2014 // Texas Mutual Insurance Co. reported that a Travis County jury convicted Howard T. Douglas III, M.D. of Frisco, Texas, on felony workers’ compensation fraud-related charges for overbilling Texas Mutual for functional...
Washington Commissioner Disciplines Producers for Violations
Jun 10 2014 // Insurance Commissioner Mike Kreidler issued fines to several insurance companies, agents and brokers who violated state insurance regulations during May. The fines totaled $12,250. They are: Insurance companies Benefit...
Texas Moves Forward in Becoming an NCCI State
Jun 10 2014 // In late March 2014, Texas Insurance Commissioner Julia Rathegeber approved a staff petition to adopt the National Council on Compensation Insurance (NCCI) Basic Manual, with Texas exceptions, and the national and...
GM Looks to Settle Ignition Lawsuits, Avoid Punitive Damages
Jun 10 2014 // General Motors Co.’s lawyers have said the carmaker will face punitive damages over ignition switch defects if its customers go to trial, creating an urgent need to settle lawsuits. The automaker, which has said it...
Texas Workers’ Comp Commissioner to Resign Aug. 1
Jun 9 2014 // Texas Workers’ Compensation Commissioner Rod Bordelon plans to resign from his post effective Aug. 1, the Insurance Council of Texas reported. Bordelon has served as Commissioner for the past six years. Insurance...
Terrell Joins Schinnerer in Texas as Regional Sales Manager
Jun 5 2014 // Underwriting manager Victor O. Schinnerer & Company Inc. announced that Jake Terrell joined the firm as vice president and sales manager for the Southeast and South Central United States. Terrell is based in Dallas and...
Opting Out of Texas Workers’ Comp Doesn’t Have to Mean Going Bare
Jun 5 2014 // While Oklahoma recently adopted legislation under which employers may choose an alternative to the statutory workers’ compensation system in certain circumstances, Texas still the only state in which participation in...
Texas Insurance Regulators Remind Roofers, Adjusters: You Can’t Do Both
Jun 3 2014 // The Texas Department of Insurance (TDI) has issued a bulletin to insurance companies, insurance adjusters and roofers, reminding them that a roofing contractor who is also an insurance adjuster cannot perform both duties...
Texas Windstorm Insurer’s Financial Outlook Improved as Hurricane Season Starts
Jun 3 2014 // Low catastrophe activity and claims experience so far this year have helped to put Texas’ insurer of last resort for properties along the Gulf Coast in a better position to face the 2014 hurricane season than it has...
CoVerica Aqcuires Forbes-Troxel Insurance Agency in Rockwall, Texas
Jun 3 2014 // CoVerica Inc. announced it has acquired property/casualty insurance agency, Forbes-Troxel Insurance Agency Inc., in Rockwall, Texas. CoVerica, also a property/casualty insurance agency, is based in Dallas. Source: CoVerica
Texas State Fire Marshal: Cause of Athens Fertilizer Fire ‘Undetermined’
Jun 3 2014 // Federal, state and local fire officials have concluded that the cause of a May 29 blaze at a farm supply facility in Athens, Texas, that stored ammonium nitrate fertilizer is “undetermined.” The Texas State...
People – South Central
Jun 2 2014 // Bill Martin has been elected president of the Combined Agents of America LLC (CAA) for 2014 – 2015. Other members of CAA’s management committee include new Treasurer Pete Bibby, new Second Vice President Mack...
Safety Is Paramount for Texas Mutual CEO Gergasko
Jun 2 2014 // Richard Gergasko, CEO of workers’ compensation insurer, Texas Mutual Insurance Co., describes himself as an insurance geek. Trained as an actuary, he’s been involved in the insurance business for 30 years. With...
Texas Mutual to Distribute $200M in Policyholder Dividends
May 30 2014 // Qualifying policyholder owners of Texas Mutual Insurance Co. will share a $200 million dividend distribution this year, the company’s board of directors announced after a unanimous vote on May 28, 2014. As a mutual...
New Texas Windstorm Rules Establish Method for Issuing Bonds
May 29 2014 // New rules posted by Texas insurance regulators on May 23 implement a process by which bonds may be issued on behalf of the state’s wind insurer of last resort for properties along the Texas coast. The Texas...
Baseball Size Hail Pounds South Texas City
May 28 2014 // The South Texas of Alice was hit with high winds and baseball size hail last night. Most of the population of 19,000 were affected by the storm that knocked out power for several hours, the Insurance Council of Texas...
Galveston Insurance Associates now a Member of the Insurors Group
May 23 2014 // Galveston Insurance Associates, located in Galveston and Friendswood, Texas, has joined the Insurors Group LLC, an alliance of independent insurance agents in the state of Texas. Galveston Insurance Associates (GIA) was...
West, Texas School District Suing Insurers over Fertilizer Blast Damages
May 23 2014 // The West, Texas, school district is suing its insurers, saying the two sides are $23 million apart on the costs of rebuilding buildings after last year’s devastating plant explosion. The Waco Tribune-Herald reports...
Report Faults U.S. Oversight of Chemical Plants
May 23 2014 // The government has no way of fully knowing which U.S. chemical facilities stock ammonium nitrate, the substance that exploded last year at a Texas fertilizer plant and killed 14 people, congressional investigators say....
