Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Construction Company to Pay $10.5M to Settle Disability Discrimination Suit
Jun 28 2012 // Federal regulators reported that a North Texas-based construction company will pay more than $10 million to settle disability discrimination allegations related to the construction of multi-family housing. The U.S....
North Texas Has Another Minor Earthquake
Jun 27 2012 // Texas has had another minor earthquake. The U.S. Geological Survey says a 2.6 magnitude quake happened around 4 a.m. on June 26 in North Texas. Experts say the quake was centered about 1 mile south of Alvarado. The area is...
Report: Texas Reforms Reduced Costs of Medical Care for Injured Workers
Jun 26 2012 // A new study from the Workers Compensation Research Institute (WCRI), an independent, not-for-profit research organization based in Cambridge, Mass., says that costs of medical care for injured workers in Texas have...
Yantis, Nelson Join Mercury Financial Group in Texas
Jun 26 2012 // Mercury Financial Group has added Gail Yantis, vice president, life specialist in its greater Austin/San Antonio, Texas, service area. Joining Yantis will be Ricci Nelson who will serve as marketing specialist. Yantis and...
Texas Supreme Court: Bad Faith Tort Inconsistent with Workers’ Comp System
Jun 25 2012 // In what has been called a landmark decision, the Supreme Court of Texas has found that a bad faith cause of action is inconsistent with the current workers’ compensation system. The Court’s decision strengthens...
Trade Group: 70K Vehicles Damaged in Dallas Area Hailstorm
Jun 25 2012 // Approximately 70,000 vehicles were damaged in the June 13 hailstorm in the Dallas, Texas, area and car rental companies are feeling the pinch, according to an insurance industry trade group. Car rental companies are...
Texas-Based Agents Alliance Services Adds 9 Agencies
Jun 22 2012 // James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson...
Watkins Elected President of the Independent Insurance Agents of Texas
Jun 21 2012 // The Independent Insurance Agents of Texas (IIAT) elected Patrick Watkins, president of Watkins Insurance Group in Austin, to serve as president for 2012-2013 during IIAT’s 115th Annual Conference and Trade Show in...
Texas Insurance Commissioner: Problems with Wind Insurer not New
Jun 20 2012 // Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new. Responding to a letter sent to her by State Rep. John...
Dallas Hailstorm Loss Estimate Drops Below $1 Billion
Jun 20 2012 // Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week. The...
Chubb Expands Wildfire Defense Services in Texas
Jun 20 2012 // The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record. The free loss-prevention service is now...
TWIA Solvency Concerns Finally on Texas Lawmakers’ Radar
Jun 19 2012 // The Texas Windstorm Insurance Association has only about $3.6 billion in claims-paying resources “under a best case scenario,” even though it could face losses of $14.2 billion from a Category 4 hurricane...
Texas Attorney Convicted of Paying Bribe Money to Judge
Jun 19 2012 // A South Texas attorney has been convicted on charges related to bribing a judge for favorable rulings in court cases, including insurance related litigation. United States Attorney Kenneth Magidson announced that Ray Roman...
Safety Hazards at Texas Manufacturing Plant Lead to $58K in Fines
Jun 19 2012 // A manufacturing facility in Texas has been fined $58,000 by federal regulators for exposing workers to safety hazards. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited...
Texas Regulators Fine Loya Insurance for Improper Ads
Jun 18 2012 // Texas regulators have fined Loya Insurance Co. $300,000 for what investigators call unfair and deceptive business practices. The Department of Insurance also says Loya failed to file accurate information on rates for its...
Dallas Hailstorm Insured Losses Could Reach $2 Billion
Jun 18 2012 // Inspecting hail damage. AP Photo/The Dallas Morning News, Nathan Hunsinger Insured losses from the massive hailstorm that struck the Dallas area on Wednesday could reach as much as $2 billion, making it one of the most...
2 Sentenced in Texas for Soliciting Accident Victim’s Family
Jun 18 2012 // An attorney and a case runner have been sentenced in Texas on felony charges related to soliciting business from a victim’s family after a fatal accident. Texas Attorney General Greg Abbott reported that Corpus...
People – South Central
Jun 18 2012 // Combined Agents of America LLC (CAA), based in Austin, Texas, has a newly elected 2012-13 Management Committee. The new committee includes: President Roger Luttrell, president of Benton-Luttrell-Brown in Van Alstyne,...
Business Moves – South Central
Jun 18 2012 // Southport Lane, Lonestar Holdco, Dallas National Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and...
Aulenbacher Joins American Underwriting Managers as Marketing Director
Jun 15 2012 // American Underwriting Managers, a surplus lines MGA with offices in Southlake and San Antonio, Texas, has added Gay Aulenbacher, as vice-president, director of Marketing. Aulenbacher has served in the insurance agency and...
