Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Mutual Awards $1M in Safety Group Dividends
Aug 10 2011 // Texas Mutual Insurance Co. said five safety groups it underwrites have earned a combined $965,513 in workers’ compensation dividends. The dividends were based largely on each group’s overall loss ratio. The...
Travis Wins Claitor Scholarship from Texas Surplus Lines Group
Aug 9 2011 // Mary Travis, IMS/London American, was presented with the 2011 Jack Claitor Memorial Scholarship at the meeting of the Texas Surplus Lines Association. TSLA President Todd Teitell said Travis is the 21st recipient of this...
BancorpSouth and First National Bank Enter Sale Agreement
Aug 5 2011 // BancorpSouth, Inc. announced that its banking subsidiary, BancorpSouth Bank, and the First National Bank of Hughes Springs, Texas, have entered into an agreement under which BancorpSouth will sell to First National its two...
20 Plead Guilty to Wire Fraud in South Texas
Aug 4 2011 // Federal authorities say 20 South Texas residents have been convicted for their roles in a scheme to defraud the American Family Life Insurance Co. In mid-June, 36 people were indicted on accusations they participated in...
Study: Red-light Cameras Reducing Crashes in Texas
Aug 3 2011 // Red-light crashes fell 25 percent at hundreds of Texas intersections after traffic cameras were installed, researchers said in what was called the first statewide study of its kind. The Texas Transportation Institute...
Insurer Group Taking Hurricane Tour of Texas
Aug 2 2011 // The Insurance Council of Texas (ICT) will take its message of preparing for a hurricane down the Texas coast for its annual media tour in late August. The ICT team will consist of company personnel, insurance agents,...
Drought Damage Extends to Texas Gulf Oysters
Aug 2 2011 // Tracy Woody heaved a hemp bag filled with oysters across the deck of his boat and began inspecting his catch. One shell after another was empty. It’s virtually official, Woody said: the third-worst drought in state...
Texas Hoped for Rain but Downgraded Don Disappoints
Aug 1 2011 // “Don is dead. The cyclone literally evaporated over Texas about as fast as I have ever seen without mountains involved.” That pronouncement from Forecaster Blake of the National Hurricane Center in the last...
20 in South Texas Plead Guilty to Insurance Fraud
Aug 1 2011 // Federal authorities say 20 South Texas residents have been convicted for their roles in a scheme to defraud the American Family Life Assurance Co. In mid-June, 36 people were indicted on accusations they participated in...
People
Aug 1 2011 // Tim Brady, chairman and former CEO of Brady, Chapman, Holland and Associates in Houston, was named the 2011 Drex Foreman Award winner at the Independent Insurance Agents of Texas 114th Annual Conference & Trade Show...
Kitzman Named as Next Texas Commissioner of Insurance
Aug 1 2011 // Eleanor Kitzman is slated to become the next Texas Commissioner of Insurance on Aug. 15, 2011. Kitzman, the outgoing executive director of the South Carolina Budget and Control Board and past director of the South Carolina...
South Carolina Company Donates Fire Truck to Texas Department
Jul 29 2011 // A South Carolina company is donating a used fire truck to a Texas volunteer fire department whose station was destroyed by fire earlier this month. The Island Packet of Hilton Head reports Palmetto Fire Apparatus is...
Texas Mutual Distributes $155M in Policyholder Dividends
Jul 29 2011 // Texas Mutual Insurance Co. announced it is distributing to policyholders $155 million in workers’ compensation dividends. Texas Mutual estimates that about 77 percent of its policyholders will earn a dividend based...
Study: Workers’ Comp Drug Costs Higher in Texas, Louisiana
Jul 29 2011 // A new study indicates that Louisiana had the highest workers’ compensation prescription costs among the 17 states studied and that Texas also was among the states with the highest cost of prescription drugs per...
Tropical Storm Don Expected to Hit South Texas Coast Overnight
Jul 29 2011 // A tropical storm warning remains in effect for the Texas coast from Matagorda Island to the mouth of the Rio Grande River. The National Hurricane Center expects Tropical Storm Don to make landfall on the south Texas coast...
Texas Agriculture Losses Could Set New Record Amid Drought
Jul 28 2011 // Randy McGee spent $28,000 in one month pumping water onto about 500 acres in West Texas before he decided to give up irrigating 75 acres of corn and focus on other crops that stood a better chance in the drought. He...
Tropical Storm Warning Issued for Texas Coast
Jul 28 2011 // The National Hurricane Center has issued tropical storm warnings and watches for areas along the Texas coast after the formation of Tropical Storm Don just north of Mexico’s Yucatan peninsula. As of 10 a.m. on July...
Season’s First Major Storm Threatens Gulf of Mexico, Texas
Jul 27 2011 // The first major Gulf of Mexico storm of the year is brewing over the northwestern Caribbean Sea, with an 80 percent chance of becoming a tropical cyclone as it heads northwest to the Texas coast, and posing a threat to...
Allstate Urging Texas Agency Owners to Boost Hiring of Sales Professionals
Jul 27 2011 // Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year, the company announced. Allstate is encouraging its 1,000 plus agency owners to continue...
Oil and Gas Group Earns $1.8M Texas Mutual Dividend
Jul 26 2011 // Texas Mutual Insurance Company announced a $1.8 million dividend to the Texas Oil and Gas Association (TxOGA) safety group. The workers’ compensation dividend was based largely on the group’s overall loss...
