Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Workers’ Comp Commissioner Says Claims on Decline in Texas
Apr 23 2014 // Declining workplace injuries and fewer claims for workers’ compensation benefits are leading to lower costs for employers, Texas Commissioner of Workers’ Compensation Rod Bordelon told lawmakers in testimony...
Texas-Based All-Star Insurance Group Acquires Hogue Insurance Agency
Apr 22 2014 // All-Star Insurance Group Inc. has acquired Hogue Insurance Agency in Quitman, Texas. Hogue Insurance Agency is now known as All-Star Insurance Group and has moved all operations to an office inside Wood County National...
People – South Central
Apr 21 2014 // Shawn FaborsDallas, Texas – based RISC named Shawn O. Fabors president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1. Staub joined RISC as president in January 2003...
On Anniversary of Texas Fertilizer Explosion, Families Seek Balance
Apr 17 2014 // Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past. Many of...
Students at 5 Texas Universities Receive Insurance Council Scholarships
Apr 17 2014 // Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson...
Texas Agent Faces 10 Years in Prison for Insurance Fraud Conviction
Apr 17 2014 // A Fort Worth man faces ten years in federal prison following a conviction for insurance fraud, the Insurance Department of Texas reported. Caleb Deason, an insurance agent for Transamerica Life Insurance Co., was convicted...
GM Bankruptcy Shield from Claims May Cut Payouts by Billions
Apr 17 2014 // General Motors Co.’s move to freeze ignition-defect lawsuits in California and Texas has solid legal precedent behind it and could help slash customer demands for compensation by billions of dollars. GM asked federal...
Industry Pushing Back in Texas Against Fertilizer Plant Safety Requirements
Apr 17 2014 // The state fire marshal wants 46 facilities that store ammonium nitrate in Texas to make safety improvements following the deadly West fertilizer plant explosion last year. State Fire Marshal Chris Connealy proposed new...
Multiple Twisters Hit South Central States, Cause Minor Damage
Apr 16 2014 // Tornadoes that hit the South Central states of Arkansas, Oklahoma and Texas over the past weekend caused minimal damage but with them Oklahoma saw the end of its eight-month twister-less streak. Surveys by National Weather...
Texas Windstorm Insurer Opens 24-Hour Claims Call Center
Apr 15 2014 // The Texas Windstorm Insurance Association, the insurer of last resort for wind and hail along the Texas coast, reported it has established a Claims Call Center that is open 24 hours, seven days a week. TWIA is encouraging...
Specialty Insurance Managers Launches High Value Homeowners Program
Apr 14 2014 // Specialty Insurance Managers Inc., a managing general agent based in Austin, Texas, has begun offering a new high value homeowners insurance program in Texas, New Mexico, Arkansas, Oklahoma, Missouri and Kansas, with plans...
Texas Jury Awards $4.6M in Suit Over Fatal Crash
Apr 14 2014 // A jury has awarded a West Texas family $4.6 million in a lawsuit it had filed against three trucking companies related to a 2010 crash that killed two men. The El Paso Times reports the jury found the companies were...
Family of Texas ‘Affluenza’ Teen to Pay Only Fraction of Rehab Fee
Apr 14 2014 // The family of a Texas teenager sentenced to probation after killing four people in a drunken-driving wreck will pay for just a fraction of his court-ordered treatment, a court official testified. Ethan Couch’s...
Washington Insurance Commissioner Fines Insurance Producers
Apr 10 2014 // Washington Insurance Commissioner Mike Kreidler issued fines totaling $23,050 against insurance companies, agents and brokers who violated state insurance regulations. The disciplinary actions and fines were levied from...
Texas Regulators OK Formation, Redomestication of Captive Insurers
Apr 10 2014 // The Texas Department of Insurance (TDI) announced the formation of a new captive insurer and the redomestication of two other captive entities have been approved under new rules adopted to implement Senate Bill (SB)...
Oklahoma’s Workers’ Comp Administrative Redesign Takes Effect
Apr 10 2014 // The transition of Oklahoma’s workers’ compensation system from a court-based system to an administrative one became effective Feb. 1, 2014, a change that proponents believe will lower costs and help make the...
Otis Appointed CEO of Texas-Based National Lloyds Corp.
Apr 10 2014 // Waco, Texas-based National Lloyds Corp., an insurance holding company and wholly owned subsidiary of Hilltop Holdings Inc., hired industry veteran Robert Otis as chief executive officer effective April 1, 2014. Otis joins...
Estimate of Insured Losses in North Texas Storms Reaches $300M
Apr 9 2014 // The storms that rolled across the Denton area in north Texas in early April are estimated to have caused $300 million in insured losses. The area was hit by softball size hail and three tornadoes. The thunderstorms erupted...
Commissioner: Opioid Drug Prescriptions Declining in Texas Work Comp System
Apr 8 2014 // Texas Commissioner of Workers’ Compensation Rod Bordelon told the Texas House Committee on Public Health that the number and cost of opioid drug prescriptions in the Texas workers’ compensation system has...
Fabors Named President of Texas-Based RISC
Apr 8 2014 // Dallas, Texas – based RISC announced that Shawn O. Fabors was named president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1, 2014. Staub joined RISC as president in...
