Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Brine Blames Tremors for Louisiana Sinkhole
Sep 26 2012 // Officials say tremors recorded in Louisiana’s Assumption Parish since late May could be why a brine cavern encased within the Napoleonville salt dome failed and caused a massive sinkhole. Texas Brine Co. spokesman...
Service to Retail Agencies Is Aim of Texas Wholesale Insurance Group
Sep 26 2012 // A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency partners, and gaining economic...
Declarations – South Central
Sep 24 2012 // A Cause for Concern “A rate increase of this magnitude is troubling. This is the largest single rate increase filing from a major carrier that we have seen in years.” –Texas Office of Public Insurance Counsel...
People – South Central
Sep 24 2012 // Louisiana-based Specialty Risk Associates Inc. promoted two and added employees in its Shreveport office. Kelly Babin assumed the position of controller. Babin, a Certified Public Accountant, joined Specialty Risk in 2010...
Business Moves – South Central
Sep 24 2012 // Arthur J. Gallagher & Co., Sunday and Associates Illinois-based Arthur J. Gallagher & Co. announced the acquisition of Sunday and Associates Inc. of Sugarland, Texas. Established in 1982, Sunday and Associates...
Official: Texas Coastal Insurer Is Unsustainable
Sep 24 2012 // The Texas Windstorm Insurance Association is not sustainable and likely won’t be until the state spreads the costs of risks associated with major hurricane strikes beyond just Texans living in coastal areas, the...
Report: Wildfires Pose Risk to Three Quarter-Million Western U.S. Homes
Sep 24 2012 // More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic. CoreLogic’s Wildfire Hazard Risk Report...
No Surprise, I-35 Tops List of Texas’ 100 Most Congested Roadways
Sep 21 2012 // A portion of Interstate 35 that traverses Fort Worth is the most congested roadway in Texas, according to the state Department of Transportation. Topping TxDOTs’ list of the state’s most congested roadways is a...
Iowa Judge: Texas Firm Must Pay Disabled Workers $1.4M
Sep 20 2012 // A Texas company that profited for decades by supplying mentally disabled workers to an Iowa turkey plant at wages of 41 cents per hour must pay the men $1.37 million in back wages, a federal judge has ruled. The judgment...
McCombs Risk Advisors Opens for Business in Austin, Texas
Sep 18 2012 // McCombs Risk Advisors LLC (MRA) announced its launch as a newly created Texas-based insurance services company. MRA, which will initially have offices in Austin and San Antonio, offers property and casualty brokerage and...
Official: Texas Coastal Insurer Is Unsustainable
Sep 14 2012 // The Texas Windstorm Insurance Association is not sustainable and likely won’t be until the state spreads the costs of risks associated with major hurricane strikes beyond just Texans living in coastal areas, the...
State Farm Lloyds Files Homeowners Rate Increase in Texas
Sep 13 2012 // State Farm Lloyds says it intends to increase homeowners rates in Texas by an average 20 percent. The company announced it has submitted a rate filing to the Texas Department of Insurance. The actual premium change for any...
Report: Wildfires Pose Risk to Three-Quarter-Million Western U.S. Homes
Sep 10 2012 // More than three-quarters of a million homes in the Western U.S. have a high risk of wildfire damage, according to a report released by Santa Ana, Calif.-based CoreLogic. CoreLogic’s Wildfire Hazard Risk Report...
Hurricane Ike Claims Still Being Filed Four Years Later
Sep 10 2012 // Nearly four years after Hurricane Ike made landfall near Galveston Island, coastal residents are still filing claims and hundreds of lawsuits. Most of the legal activity is aimed at the Texas Windstorm Insurance...
People – South Central
Sep 10 2012 // Rick Bondurant has rejoined the Independent Insurance Agents of Texas (IIAT) staff as director of management resources. In this role, Bondurant is responsible for developing, implementing and managing strategic agency...
Bastrop Labor Day Fire: One Year Later
Sep 10 2012 // Belinda Williams was preparing to go to bed in her beautiful Texas limestone house embedded in the lost pines of Bastrop when she looked out her window and saw a huge orange glow. She woke her husband and told him they...
Texas Mutual Pays $355K Dividend to Apartment Group
Sep 9 2012 // Texas Mutual Insurance Company announced that the Texas Apartment Association (TAA) safety group earned a $355,922 dividend. The workers’ compensation dividend was based largely on the group’s overall safety...
Texas DA Investigating State Farm Hurricane Claims
Sep 9 2012 // Texas investigators have opened a criminal probe into how State Farm handled what may turn out to be thousands of insurance claims from Gulf Coast homeowners involving damage from Hurricane Ike in 2008, officials...
Criminal Investigation Launched Over Hurricane Ike Claim
Sep 7 2012 // Texas homeowner Jim Warner has been locked in a legal battle with State Farm over denial of insurance claims for the damages to his home from Hurricane Ike. That battle was just upgraded to a category five by the Travis...
Texas in November to Open 85 Mph Toll Way
Sep 7 2012 // Texas will soon open a stretch of highway with the highest speed limit in the country. Construction crews have begun posting 85 mph speed limit signs for the pending section of toll road between Austin and San Antonio. An...
