Latest Texas Headlines

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

Hospice Insurance

Jan 28 2013 // Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Hospice Insurance Market Detail:...

TDI: Pre-Dispute Binding Arbitration Clauses Unfair to Policyholders

Jan 28 2013 // Pre-dispute mandatory binding arbitration provisions in insurance policies may be on their way out in Texas if state insurance regulators proceed with a plan to ban them. The Texas Department of Insurance informed...

Appraisals, Breach of Contract and Bad Faith: Is There a Connection?

Jan 28 2013 // One of the axioms of Texas bad faith law has always been that there is no bad faith where a carrier has not breached its duties to the insured. If you act reasonably and make a mistake, it is not bad faith. In almost all...

People – South Central

Jan 28 2013 // Texas-based RSI International Inc. reported that Brian Bridges joined the firm as commercial underwriter. Bridges brings 10 years’ experience in commercial property/casualty insurance, specializing in middle market...

Number of Insurers Based in Texas ‘Average’ Compared to Size of Market

Jan 28 2013 // The Texas insurance market is ranked the 12th largest in the world in terms of premium volume, but only an “average” number of insurance carriers call the state home, and many of the 400 insurance companies...

Texas Chiropractor Pleads Guilty to Defrauding Auto Insurers

Jan 24 2013 // A Bryan, Texas, chiropractor has entered a plea of guilty to engaging in a conspiracy to defraud various automobile insurance companies of more than $3 million, according to United States Attorney Kenneth Magidson. Chase...

Ex-New Orleans Mayor Nagin Charged With Bribery

Jan 21 2013 // More than a decade ago, Ray Nagin was elected mayor of New Orleans on a vow to root out corruption in a city plagued by decades of it. On Jan. 18, the former mayor was indicted on charges he lined his pockets with bribe...

SUV Test Drive in Texas Turns Into Drug Deal

Jan 18 2013 // A man who took a $40,000 SUV on an unauthorized test drive in Central Texas has been accused of selling the vehicle for two rocks of crack cocaine. Travis County Jail records show 50-year-old Carlos Sergio Valdes was being...

Texas Bill Would Grant Liability Protection for Emergency Volunteers

Jan 18 2013 // A Texas state representative has filed a bill that would allow fire departments to accept volunteer assistance during an emergency and would protect shield those volunteers from liability. State Representative Cecil Bell,...

Auto, Homeowner Complaints Dropping in Texas

Jan 17 2013 // Texas drivers are filing fewer and fewer complaints against insurance companies these days, an insurance trade group reported. Last year represents the lowest number of justified or confirmed auto insurance complaints...

Texas Trade Group: Survey Shows Insurance Industry Doing It Right

Jan 16 2013 // While tornadoes and hailstorms were pounding their way through the Dallas/Fort Worth area last year, consumers had confidence that their insurance companies would be there to help with repairs to their cars, homes and...

Texas Brine, Louisiana Agree on Plan to Assess Sinkhole

Jan 16 2013 // The Louisiana Office of Conservation has modified orders requiring Texas Brine Co. LLC to assess the status of sediments under an 8.5-acre sinkhole in northern Assumption Parish, prompting the company to withdraw a lawsuit...

Texas Parents Lobby for Tougher DUI Laws in North Dakota

Jan 16 2013 // The parents of two Texas boys killed when a pickup truck ran over their tent in a North Dakota campground last summer have returned to North Dakota to lobby the state Legislature for tougher drunken driving laws. Alaries...

Heavy-Duty Restricted Guns Legally Sold in Texas

Jan 16 2013 // In a heavily guarded store just southwest of Houston, twin .50-caliber “Ma Deuce” machine guns rise up side by side from a mount that could be bolted to the deck of a warship or truck bed. The guns can fire...

TDI: Pre-Dispute Binding Arbitration Clauses Unfair to Policyholders

Jan 16 2013 // Pre-dispute mandatory binding arbitration provisions in insurance policies may be on their way out in Texas if state insurance regulators proceed with a plan to ban them. The Texas Department of Insurance has informed...

Texas Agency Management Seminar Celebrates 50 Years of Success

Jan 15 2013 // In 1963, a group of insurance agents under the direction of Joseph E. Vincent from Bryan, Texas, began plans for an annual insurance seminar to be presented by Texas Association of Independent Agents (TAIA) for agency...

Number of Insurers Based in Texas ‘Average’ Compared to Size of Market

Jan 14 2013 // The Texas insurance market is ranked the 12th largest in the world in terms of premium volume, but only an “average” number of insurance carriers call the state home, and many of the 400 insurance companies...

Victims’ Relatives Sue Rivera’s Company Over Crash In California

Jan 14 2013 // Relatives of four passengers killed last month with Jenni Rivera in a plane crash in Mexico filed a lawsuit against Rivera’s company alleging the singer was negligent when she hired a faulty Learjet 25. The civil...

2013 Insurance Industry Meetings & Conventions Directory

Jan 14 2013 // JANUARY P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org 2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa,...

Texas Surplus Lines Premium Exceeded $4 Billion in 2012

Jan 14 2013 // Premium on policies reported to the Surplus Lines Stamping Office of Texas in 2012 totaled more than $4 billion, a record volume, SLSOT reported. The amount is an increase of $767 million over 2011, a rise of nearly 24...