Latest Texas Headlines

Actuarially Sound Property Rates Remain Elusive Along Texas Coast

Jul 7 2010 // Insurance company interests have long complained that the state-backed Texas Windstorm Insurance Association charges rates that are not actuarially sound for the risks it insures, making it impossible for private insurers...

Jul 5 2010 // 77.2% In most hurricane-prone states, homeowners have few choices for insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss...

Actuarially Sound Rates Remain Elusive Along Texas Gulf Coast

Jul 5 2010 // Insurance company interests have long held that the Texas Windstorm Insurance Association charges rates that are not actuarially sound for the risks it insures, making it impossible for private insurers to compete for...

People

Jul 5 2010 // The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly...

It Figures

Jul 5 2010 // 77.2% In most hurricane-prone states, homeowners have few choices for insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss...

Hartford Agrees to Reduce Texas Homeowners Rates, Pay Refunds

Jul 2 2010 // Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers that purchase homeowner...

Former Texas Insurance Dept. General Counsel Joins Thompson, Coe

Jul 2 2010 // Will D. Davis, a Texas attorney specializing in insurance law, has joined the Austin, Texas, office of Thompson, Coe, Cousins & Irons LLP. Davis, a former general counsel for the Texas Department of Insurance, joined...

Texas Attorney General: Alex Triggers Price Gouging Law

Jul 1 2010 // Texas Attorney General Greg Abbott has advised South Texans affected by Hurricane Alex that Gov. Rick Perry’s disaster declaration activates state laws that prohibit price gouging. Hurricane Alex had developed into a...

Hurricane Alex Could Reach Land Today in Mexico, Texas

Jun 30 2010 // Hurricane Alex strengthened in the Gulf of Mexico early Wednesday and was expected to make landfall later in the day but skirt Mexican oil rigs and U.S. oil fields, alleviating concerns in crude markets. The first named...

McGinnes Named Senior VP at JDW Insurance in El Paso

Jun 30 2010 // Eric R. McGinnes has been named senior vice president at El Paso, Texas-based insurance brokerage and risk management firm, JDW Insurance. Currently McGinnes holds the position of vice president of JDW Commercial Lines...

Texas DPS Takes 1,738 Vehicles, 160 Drivers Off the Road

Jun 30 2010 // During the Texas Department of Public Safety’s Roadcheck 2010, which ran from June 8 through June 10, DPS troopers inspected 6,906 commercial vehicles. Twenty-five percent of them, or 1,738, were placed out of...

Texas Prepares as Tropical Storm Alex Heads Toward Hurricane Status

Jun 29 2010 // As of 10 a.m. CDT on June 29, Tropical Storm Alex was nearing hurricane strength in the western Gulf of Mexico and the National Hurricane Center (NHC) expects it to reach hurricane status later in the day. The storm is...

As Alex Looms, Texans Wait for Decision on Flood Insurance

Jun 28 2010 // With Tropical Storm Alex skirting the east coast of Mexico and heading north, if residents along the Texas Gulf Coast are thinking it’s a good time to purchase flood insurance from the National Flood Insurance...

Homeowners Offered Few Insurance Choices in Hurricane States

Jun 28 2010 // In most hurricane-prone states, homeowners have few choices of insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss...

Affinity Benefits Partners Launches Program for Texas Restaurants

Jun 25 2010 // Affinity Benefits Partners, a Hotchkiss Insurance Programs LLC (HIP) company, has teamed up with Pan-American Benefits Solutions to offer an exclusive health benefits program for restaurants in Texas. PanaMed, underwritten...

Equipment Dealers Dividend Grows 436% in 3rd Year with Texas Mutual

Jun 24 2010 // Texas Mutual Insurance Co. announced a $471,031 dividend to the Texas Machinery and Equipment Dealers (TM&E) workers’ compensation purchasing group. The group’s third annual dividend grew $383,228 over last...

Boldt Named Texas Accredited Customer Service Rep. of the Year

Jun 24 2010 // The Independent Insurance Agents of Texas (IIAT) honored Stacey Boldt, assistant branch manager with Town & Country Insurance in Galveston, with the Accredited Customer Service Representative (ACSR) of the Year award...

Texas Association Honors Outstanding Insurance Agents

Jun 23 2010 // Corpus Christi, Texas independent insurance agent Wallace C. (Wally) Goodman has won the Independent Insurance Agents of Texas’ Drex Foreman Award, and Landon Ogilvie, partner at Gans & Smith Agency in Longview,...

Lawsuit Fears Lead to Overtesting by Hospital Emergency Rooms

Jun 22 2010 // Fast decisions on life-and-death cases are the bread and butter of hospital emergency rooms. Nowhere do doctors face greater pressures to overtest and overtreat. The fear of missing something weighs heavily on every...

Wood Elected President of the Independent Insurance Agents of Texas

Jun 22 2010 // The Independent Insurance Agents of Texas (IIAT) elected David Wood, vice president and partner at Bogan, Dunlap & Wood Insurance in Odessa, to serve as the association’s president for 2010-2011. Other newly...