Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Equity Risk Partners-Texas Adds Viracola to Managment Team
Dec 6 2010 // Dallas-based Equity Risk Partners-Texas (ERP-Texas) has appointed Michael T. Viracola as director of Business Development. ERP-Texas was recently established as a joint venture between insurance brokers Equity Risk...
Texas Supreme Court Declines to Review Workers’ Comp Stop-Loss Case
Dec 6 2010 // The Texas Supreme Court has put an end to a case involving the amount some hospitals marked up workers’ compensation-related bills under rules in effect until 2008, Texas Mutual Insurance Co. announced. In June 2010,...
People
Dec 5 2010 // Frost Insurance in Austin, Texas promoted Sheri Smyth to vice president of personal lines. Smyth, a 23-year insurance industry veteran, manages the personal lines department’s growth and retention efforts, and...
It Figures
Dec 5 2010 // $30 Million A Harris County, Texas, jury rendered a $30 million verdict against the Houston-based owner of SunMart convenience stores for defrauding gasoline purchasers, according to the Texas Attorney General’s...
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 industry. The potential for disputes to arise is so great that the Texas Department of...
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 industry. The potential for disputes to arise is so great that the Texas Department of...
Farmers Insurance Files for Homeowners Rate Hike in Texas
Dec 5 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners insurance coverage in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about...
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...
