Texas - Latest Insurance News

Texas Gets More Than $61M For Health Centers

May 2 2012 // Texas has been awarded more than $61 million in federal grants to support community health centers. The funding was announced Tuesday by U.S. Health and Human Services Secretary Kathleen Sebelius. The Texas share is part...

Dead Mexican Teen’s Family To Pursue Suit in Texas

May 2 2012 // A lawyer for the family of a 15-year-old Mexican boy killed by a U.S. Border Patrol agent in 2010 says they will press on with their lawsuit against the agent despite U.S. prosecutors’ decision not to charge...

Insurance Industry Charitable Foundation Expanding into Texas, SE

May 2 2012 // Another job was the last thing Bill Henry wanted when he was approached to head up a new division of the Insurance Industry Charitable Foundation (IICF). But Henry, chairman and CEO of the Dallas-based brokerage McQueary...

Bockmon Joins All-Star Insurance in New Texas Office

May 1 2012 // Gilmer, Texas-based All-Star Insurance Group Inc., a full service independent insurance agency, has appointed Leslie Bockmon as an agent. Bockmon is at All-Star Insurance’s newest office, located at 220 East Main St....

Schools, Manufacturers Earn Combined $1M in Texas Mutual Dividends

Apr 27 2012 // Texas Mutual Insurance Co. announced that the Texas Schools Group and Texas Association of Manufacturers safety groups earned a combined $1,094,336 in dividends. The workers’ compensation dividends were based largely...

Rate Hike Proposal Sent to Board of Texas Windstorm Insurer

Apr 27 2012 // In advance of the start of hurricane season, the actuarial underwriting committee of Texas’ property insurer of last resort for coastal counties is recommending a rate increase. The committee on April 20 voted for a...

Outlook Revised to Positive for Texas-Based MGA Insurance Co.

Apr 26 2012 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of MGA Insurance Co. Inc. (MGA) in Dallas. The ratings...

AmWINS Transportation Underwriters, Inc. Announces New Texas Long Haul Trucking Program

Apr 26 2012 // Burlington, NC, 04/26/12 -AmWINS Transportation Underwriters, an A+ XV Admitted Carrier, is proud to be 1 of only 3 MGAs with access to a new long haul trucking program for TX trucking operations. The new program limits up...

TDI-DWC Approves 7 to Self-Insure for Workers’ Compensation

Apr 25 2012 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved seven renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a...

Texas Governor Again Renews Drought Disaster Declaration

Apr 23 2012 // Gov. Rick Perry has renewed a proclamation declaring Texas a disaster due to the drought. Perry renewed the disaster status on April 20, extending a similar proclamation from last July. The governor initially declared the...

SIAA Signs 4 New Agency Members in South Central Region

Apr 20 2012 // The Strategic Insurance Agency Alliance (SIAA) announced it signed four new agency members in South Central states during March. SIAA members created more than $780 million in new premium growth in 2011 — their third...

Oklahoma Senate Approves Workers’ Comp Alternative

Apr 20 2012 // Oklahoma companies would be allowed to opt out of the state’s traditional workers’ compensation system and instead self-insure or have alternative coverage under new guidelines outlined in a bill approved on...

South Texas Residents Drying Out after Storm

Apr 19 2012 // Residents living north of Corpus Christi in the Portland/Gregory communities are in the process of drying out following a 15-inch rainfall on April 16. Gregory, with a population of 2,500, reported 80 percent of its homes...

Texas Insurance Council Scholarship Funding Tops $500K

Apr 19 2012 // With its latest round of scholarships, the Insurance Council of Texas’ (ICT) annual funding for students enrolled in insurance and risk management classes in Texas universities has topped the half million dollar...

South Central Insurance Employment: Oil, Economy Fuel Texas Hiring

Apr 19 2012 // Across the nation, employment levels in insurance agencies and brokerages declined at a faster rate than the overall U.S. employment level since the recession began in 2007. The good news: Some independent agencies across...

Southeast Insurance Employment: Agency, Carrier Plans Brighten Picture

Apr 18 2012 // Those interested in new or better positions in insurance might want to grab their suntan lotion and head to the Southeast. They might also want to brush up on their Spanish. The unemployment rate remains higher in key...

Business Moves

Apr 16 2012 // Peachtree, Personable Holdings A Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard...

Storm Dumps Waist-High Hail in Texas Panhandle

Apr 16 2012 // Maintenance crews worked on April 12 to clear roads after a storm dumped several inches of hail on parts of the Texas Panhandle, trapping motorists in muddy drifts that were waist-to-shoulder high. The storm left so much...

Business Moves – Southeast