Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Certificates of Insurance a Priority Legislative Issue for Texas Agents
Feb 16 2011 // With a massive hole in the state’s budget and the duty to redistrict, insurance issues are likely to be low priority items for Texas 82nd Legislature, which began its session in January. But Texas agents are backing...
Texas Workers’ Comp January Enforcements Include Fines Up to $68K
Feb 15 2011 // Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for January 2011 include individual fines up to $68,000. The final actions include orders related to...
Insurance Network of Texas Announces New CEO
Feb 11 2011 // Giddings, Texas-based independent insurance agency, Insurance Network of Texas, announced that agency founder R.J. Nitsche has passed his responsibilities as chief executive officer to his son Robert. Robert Nitsche most...
CNA Expands Spa, Pool Program to Texas
Feb 11 2011 // CNA’s Spa & Pool Contractors Program (SPLASH) has been expanded to the middle market segment in Texas. CNA’s SPLASH program offers coverages for an array of customers, including builders or installers of...
Beck Reappointed as Head of Texas Office of Public Insurance Counsel
Feb 10 2011 // Texas Gov. Rick Perry has reappointed Deeia D. Beck of Austin to the Office of Public Insurance Counsel for a term to expire Feb. 1, 2013. The office represents insurance consumers in regulatory matters relating to...
Iroquois Group Adds Blessing as Regional Manager in Texas
Feb 9 2011 // Iroquois of Texas has added Jerry Blessing as regional manager in North Texas. Blessing has more than 30 years’ experience in the insurance industry and is a graduate of North Texas State University (now The...
Weather Related Loss Estimates in Texas Reaching to $100M
Feb 8 2011 // Preliminary estimates of insured losses from recent winter storms in Texas range between $51 million and $100 million statewide according to two insurance industry trade groups. Southwestern Insurance Information Service...
Texas AG: Drug Maker to Pay $170M in Damages for Fraud
Feb 7 2011 // A Travis County (Texas) jury recently returned a record-setting verdict for damages against drug manufacturer Actavis Mid-Atlantic LLC, the Texas Attorney General’s office announced. The jury determined that Actavis...
Court Sides with Florida Regulator Over Texas Insurer
Feb 7 2011 // A Texas-based workers’ compensation insurer has lost its appeal of rulings by the Florida insurance commissioner that have blocked it from doing business in the state. On Jan 20, without explanation, a three-judge...
Business Moves
Feb 7 2011 // Ryan Specialty Group, Technical Risk Underwriters Chicago-based Ryan Specialty Group LLC has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on underwriting complex...
People
Feb 7 2011 // FARA Insurance Services, a Mandeville, La.-based provider of claims administration and risk management solutions nationwide, appointed Laura Tarantino to the company’s board of directors. As FARA’s senior vice...
TWIA and Fair Plan: Agents May Be Subject to Open Records Request
Feb 7 2011 // The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) recently notified insurance agents that the organizations have received a formal request to inspect or copy some of their files. The...
My New Market
Feb 7 2011 // Chubb Masterpiece Market Detail: Agents Access offers personal lines coverage including home, auto, valuable articles and excess. Chubb offers solutions designed exclusively for people with above-average needs, who need...
Bordelon Reappointed as Texas Commissioner of Workers’ Compensation
Feb 4 2011 // Texas Gov. Rick Perry reappointed Rod A. Bordelon Jr. of Austin as commissioner of Workers’ Compensation at the Texas Department of Insurance (TDI) for a term to expire Feb. 1, 2013. Bordelon has served as...
Super Bowl Risk Management a Team Effort
Feb 4 2011 // The Super Bowl XLV may be the biggest game of the year, and to some, it also presents super-sized risk management challenges. The National Football League said it is expecting a record crowd of 105,000 attendees at Cowboys...
Environmental Group Seeks Safety Records on Texas Border Dams
Feb 2 2011 // An environmental group has filed a lawsuit to compel the release of documents related to the safety of two dams on the Texas-Mexico border. The federal lawsuit was filed in Washington, D.C., by the group Public Employees...
Large Sinkhole Forms in Intersection in Texas
Feb 2 2011 // A 10-foot-deep, 20-foot-wide sinkhole has formed in an intersection in eastern Austin, Texas. Austin Water Utility officials tell the Austin American-Statesman that they expect the 30-foot-long sinkhole at the intersection...
Dean & Draper Recognized for Employee Workplace Satisfaction
Jan 31 2011 // Houston-based Dean & Draper Insurance Agency LP, one of the largest independent insurance agencies in Texas, announced it recently received the honor of being named one of the Best Companies to Work for in Texas...
Texas Jury Orders J&J to Pay $482M in Patent Lawsuit
Jan 31 2011 // A federal jury in Texas on Jan. 28 ordered Johnson & Johnson and a subsidiary to pay $482 million in damages to an inventor who claimed the health care giant infringed on his patent for a cardiac stent. Jurors hearing...
Texas Windstorm Insurance Assoc. to Begin Paying Commissions Monthly
Jan 28 2011 // The Texas Windstorm Insurance Association, the property insurer of last resort along the Texas Gulf Coast, reports that in the second quarter of 2011 it will begin paying agents’ commissions monthly. TWIA will...
