Latest Texas Headlines

All the headlines from our Texas Topic Page, ordered by recency.

West, Texas Schools Receive $20M for Fertilizer Blast Recovery

Feb 13 2014 // A federal agency is granting $20 million to a rural Central Texas town to help rebuild two schools destroyed in last year’s deadly fertilizer plant explosion, town and federal officials said. The Federal Emergency...

Texas Lowers Workers’ Compensation Maintenance Tax Rate

Feb 12 2014 // The Texas Department of Insurance announced that the Division of Workers’ Compensation (DWC) has lowered the maintenance tax rate to 1.543 percent of gross premiums collected by workers’ compensation insurance...

Oklahoma, Texas Had Costliest Natural Disasters in 2013: Hartwig

Feb 11 2014 // The Oklahoma tornadoes of May 2013 not only caused significant loss of life but also contributed to its designation last year as the costliest state for natural disaster related insurance payouts, according to the...

Insured Property Losses for Central Texas Halloween Floods Top $30M

Feb 11 2014 // Final figures released by the Federal Emergency Management Agency (FEMA) show that insured losses to residential and commercial property from flood waters which swamped Central Texas on Halloween night 2013 totaled...

Scottsdale’s Miller: E&S Market Stable with Moderate Growth in 2013

Feb 10 2014 // The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the sector. “I think the E&S...

Guarantee Insurance Co. Entering Texas Workers’ Comp Market

Feb 10 2014 // Guarantee Insurance Co., a monoline workers’ compensation insurance subsidiary of Florida-based Patriot National Insurance Group Inc., is expanding into Texas. Patriot National said the addition of Texas increases...

Declarations

Feb 10 2014 // The Cost “You can talk to anyone who’s lost a friend or family member to a drunk driver and they’ll tell you about the cost.” –Pierce County Prosecutor Mark Lindquist told a Washington state...

Texas Troopers Make Hundreds of DWI Arrests over Holidays

Feb 10 2014 // Texas troopers made nearly 1,500 drunken driving arrests during the recent holidays. The Texas Department of Public Safety announced the numbers for the increased enforcement from Dec. 13 through Jan. 21. A Texas...

Texas Adopts Rules for Health Insurance Exchange Navigators

Feb 10 2014 // The Texas Department of Insurance (TDI) issued final rules that it says will strengthen protections for consumers who seek assistance from federal health benefit exchange navigators. The rules do not apply to licensed...

Obituary

Feb 10 2014 // Lyle Ashley Lyle Ashley, decorated Navy veteran, insurance agency founder, and well-respected Texas insurance professional, passed away Jan. 24. Ashley, 69, received The Vietnam Service Medal with two bronze stars for his...

Insurer Group: Texas Auto, Homeowner Complaints at a Record Low

Feb 10 2014 // In 2013, Texas drivers and homeowners filed the fewest number of complaints against their insurance companies since the Texas Department of Insurance (TDI) began keeping records, the Insurance Council of Texas...

Study Looks at Options to Depopulate Texas Coastal Wind Insurer

Feb 10 2014 // Loss exposure for Texas’ wind and hail insurer of last resort along the coast increased by around 319 percent between 2005 and 2012 – from $23.26 billion to $74.17 billion, and its policy count grew by...

People – South Central

Feb 10 2014 // Combined Agents of America LLC (CAA), with headquarters in Austin, Texas, hired William H. (Bill) Wade II as director of carrier relations and program management. Wade has more than 40 years of experience in the insurance...

Texas-Based MHBT Recognized as Top Performing U.S. Insurance Brokerage

Feb 10 2014 // MHBT Inc., headquartered in Dallas, Texas, was recently recognized as the “Top Performing Agency” in the country in its revenue category in a report by the Independent Insurance Agents & Brokers of America...

Dubious Distinction: Texas, Oklahoma Have Most Twisters in 2013

Feb 7 2014 // Texas and Oklahoma led the nation in the number of tornadoes last year. Oklahoma’s 79 was well above the state’s average of 57. Texas had 81. Greg Carbin, the warning coordination meteorologist with the Storm...

Texas Rangers Stadium to Be Re-Named for Insurance Company

Feb 7 2014 // The Texas Rangers reached a 10-year deal on Feb. 5 to immediately change the name of their 20-year-old stadium to Globe Life Park in Arlington. Rangers Ballpark is being renamed under an agreement with Globe Life and...

Judge Rules Again: No Jail for Texas ‘Affluenza’ Teen in Fatal Car Wreck

Feb 7 2014 // A judge has ordered a Texas teenager who was sentenced to 10 years’ probation in a drunken-driving crash that killed four people to go to a rehabilitation facility paid for by his parents. Judge Jean Boyd on Feb. 5...

Mayor of West, Texas, an Independent Agent, Named Trusted Choice Hometown Hero

Feb 6 2014 // The Independent Insurance Agents of Texas (IIAT) has named Tommy Muska of Muska Insurance Services in West as its newest Trusted Choice Hometown Hero. Hometown Hero recognizes Trusted Choice insurance agents who go above...

AssuredPartners Acquires AirSure in Colorado, Texas

Feb 5 2014 // AssuredPartners Inc. has completed the acquisition of Golden, Colo.-based AirSure Limited LLC. AirSure specializes in insurance coverage, employee benefits and risk management services for businesses in the aviation...

11 Companies to Approved to Self-Insure for Workers’ Comp in Texas

Feb 4 2014 // The Texas Department of Insurance-Division of Workers’ Compensation has approved 11 companies self-insure for workers’ compensation claims. To qualify, a company must have a minimum workers’ compensation...