Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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....
Dodd-Frank, Flood Insurance Foe Hensarling Faces Test on TRIA Renewal
May 22 2014 // When Jeb Hensarling took over the congressional panel that spawned the Dodd-Frank Act, he vowed to roll back the landmark Wall Street law and eliminate government programs that backstop private markets. More than a year...
‘Click It Or Ticket’ Push Begins in Texas
May 20 2014 // No excuses: wear your seat belt. Texas is part of the 13th annual “Click It or Ticket” safety effort to make sure travelers buckle up. The campaign that began Monday and runs through June 1 means law...
Fire Danger High In Much Of Southwest, Including Texas
May 20 2014 // Warm, hot weather and gusty winds are raising the risk of wildfires in the Southwest. Red flag warnings were posted Monday for the Texas Panhandle and southwestern Kansas. The danger is also high in Colorado Springs and...
Marsh & McLennan Agency Acquires Visicor in Texas
May 19 2014 // Marsh & McLennan Agency LLC has acquired Visicor, an employee benefits brokerage and consulting firm based in Friendswood, Texas. Terms of the deal were not disclosed. All of Visicor’s leadership and employees...
People – South Central
May 19 2014 // FrankCrum, a national professional employer organization, added Rodney Vaughn as broker manager, responsible for increasing the company’s presence in Texas, and forging relationships with insurance agents and...
People
May 19 2014 // FrankCrum, a national professional employer organization, added Rodney Vaughn as broker manager, responsible for increasing the company’s presence in Texas, and forging relationships with insurance agents and...
The Emerging Hail Risk: What the Hail is Going On?
May 19 2014 // The number of reported claims involving hail damage to residential and commercial roofing products has increased dramatically in the past few years. Some reports place the increase at almost double historical claim...
Texas Panhandle Fire Displacements To Return Home
May 15 2014 // About 2,100 Texas Panhandle residents evacuated for days because of a wildfire are scheduled to return to their homes. Texas A&M Forest Service spokesman Troy Duchneaux (doosh-NOH’) says residents of the Fritch...
