Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Phillips Elected to Texas Mutual Board of Directors
Jul 2 2012 // Danny Phillips, a Colleyville, Texas, resident and owner of the Diamond P Longhorn Ranch in Lindale, was elected to the board of directors of workers’ compensation insurer Texas Mutual Insurance Co. Phillips was...
People – South Central
Jul 2 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. Beginning Sept. 1, Watkins will be responsible for helping...
Some P/C Agencies See Potential in Dynamic Health, Benefits Market
Jul 2 2012 // Alignment of Resources Essential for Success The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The...
Dallas Hailstorm Loss Estimated at Nearly $1B
Jul 2 2012 // Insured losses from violent hailstorm in Dallas in mid-June should be just under $1 billion, a trade group for Texas insurers said. That amount is sharply less than what another industry trade group previously...
Texas Regulators Fine Auto Insurer for Improper Ads
Jul 2 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...
Texas Governor Derides Supreme Court Ruling on Health Care
Jun 29 2012 // Texas Gov. Rick Perry is calling the U.S. Supreme Court’s decision to uphold the vast majority of President Barack Obama’s health care overhaul a “stomach punch to the American economy.” Perry said...
Hacker Who Targeted Texas DPS Pleads Guilty
Jun 28 2012 // A hacker who targeted the Texas Department of Public Safety and other law enforcement computers then bragged about it has pleaded guilty. No sentencing date was immediately set for 30-year-old Higinio O. Ochoa III of...
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...
