Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Likely Will Seek to Protect Its Piece of SL Tax Pie
Dec 5 2010 // The federal financial services reform act signed by President Barack Obama in July 2010 contained a provision reforming the way surplus lines insurance premiums are reported and taxed. The Nonadmitted and Reinsurance...
The Problem With Certificates
Dec 5 2010 // Certificates of insurance can create problems for insurance agents, especially in the areas of commercial property and the construction industries. The potential for disputes to arise is so great that a regulator recently...
New Markets
Dec 5 2010 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. A-Side Directors & Officers Market...
Texas October Enforcement Actions Result in $1M in Fines, Restitution
Dec 3 2010 // The Texas Department of Insurance enforcement actions for October 2010 include seven license revocations, and fines and restitution totaling $1,045,697. An order imposing disciplinary measures becomes final 20 days after...
Survey: Texting While Driving in Texas Getting Worse
Dec 2 2010 // Texans believe texting and talking on phones while driving is getting worse and that roads are less safe than they were five years ago, despite declines in accident deaths. A survey by the Texas Transportation Institute...
Retailers Casualty Insurance to Offer Workers’ Compensation in Texas
Dec 2 2010 // Baton Rouge, La.-based workers’ compensation insurer Retailers Casualty Insurance Co. announced it will begin offering workers’ compensation coverage in Texas. Retailers Casualty, which is managed by Summit...
How BP’s Gulf Oil Disaster Costs Could Double
Dec 1 2010 // Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not...
Colemont Texas Now Operating as AmWINS Brokerage of Texas
Dec 1 2010 // AmWINS Group announced that effective Dec. 1, the Texas operations of Colemont Insurance Brokers has been officially renamed AmWINS Brokerage of Texas. AmWINS and Colemont announced in April 2010 that they planned to...
Teitell Elected President of Texas Surplus Lines Assoc.
Nov 30 2010 // Todd Teitell, executive vice president and branch leader of AmWINS Brokerage of Texas in Dallas, has been elected president of the Texas Surplus Lines Association Inc. Other elected TSLA officers for the coming year...
Texas Driver Records Now Available Instantly Online
Nov 30 2010 // The Texas Department of Public Safety announced that Texas drivers can now order their driving records online and print them out immediately instead of waiting to have the record mailed to them. “We are pleased to...
Farmers Insurance Files for Homeowners Rate Hike in Texas
Nov 29 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the...
Texas to Insurers and Agents: Don’t Misrepresent Insurance Coverage
Nov 29 2010 // The Texas Department of Insurance issued a bulletin reminding insurance companies and agents that misrepresentation of insurance policies by failing to state a necessary material fact, or by making a statement in a manner...
ICT Kicks Off Crime Prevention Program in El Paso
Nov 24 2010 // The Insurance Council of Texas (ICT) has joined with State Farm Insurance Co. in introducing the state’s Hide, Lock and Take program to law enforcement officials in El Paso. Both the El Paso Sheriff’s...
Texas Employers Now Can Report Workers’ Comp Status Online
Nov 24 2010 // State law requires Texas employers who do not carry workers’ compensation insurance coverage to report their non-coverage status and work-related injuries and illnesses to the Texas Department of Insurance, Division...
Insurance Council of Texas Awards Scholarships
Nov 22 2010 // Insurance and risk management students at four Texas universities were recently awarded $40,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend St. Mary’s...
Texas Likely Will Seek to Protect Its Piece of Surplus Lines Tax Pie
Nov 19 2010 // The federal financial services reform act signed by President Barack Obama in July 2010 contained a provision reforming the way surplus lines insurance premiums are reported and taxed. The Nonadmitted and Reinsurance...
Texas Department of Insurance Licenses Cognalysis™ Reserving System
Nov 19 2010 // Saint Paul, MN – November 19, 2010. Christopher Gross Consulting, Inc. is pleased to announce that the Texas Department of Insurance is licensing the Cognalysis™ Reserving System, to assist with the...
Insurance Network of Texas a Top Family Business of 2010
Nov 18 2010 // Insurance Network of Texas is one of Baylor University’s Institute for Family Business 2010 Texas Family Business of the Year award finalists. The independent agency was among the finalists for this award along side...
MetLife Auto & Home Expands Product Line in Texas With Package Product
Nov 17 2010 // MetLife Auto & Home has announced it will be supplementing its product line in Texas by introducing GrandProtect, a personal lines “package” policy. The product will be available to Texas residents as of...
Texas Court Halts Sale of Unauthorized Auto Insurance
Nov 17 2010 // Travis County, Texas, District Judge Suzanne Covington issued a permanent injunction on Nov. 15 barring SideCars Inc. of Joplin, Mo., from marketing and selling a form of limited physical damage insurance to used car...
