Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Warns Insurers on Auto Claims
Aug 11 2010 // Texas Insurance Commissioner Mike Geeslin has released a bulletin reminding auto insurance providers that it is against state law to “directly or indirectly limit the insurer’s coverage under a policy covering...
Exxon Sues Federal Government for Texas Refinery Cleanup Costs
Aug 9 2010 // Exxon Mobil Corp. is suing the United States to recover more than $45 million in clean-up costs at its refining and petrochemical plants in Baytown, Texas, saying the government controlled the facilities during World War...
Groups Earn Combined $840K in Dividends from Texas Mutual
Aug 6 2010 // Texas Mutual Insurance Co. announced that four purchasing groups have earned a combined $839,151 in workers’ compensation dividends. The dividends were based largely on each group’s premium volume and loss...
Texas Commissioner Orders $551K in Fines and Restitution in June
Aug 5 2010 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June 2010 included four license revocations, three license denials, and fines and restitution totaling $551,012. Copies of...
Beck Named CEO of Texas-based Business Insurance Now
Aug 4 2010 // Darren Beck has been named chief executive officer of Business Insurance Now, an online marketplace for commercial insurance for small businesses. He will also serve as a member of the Allen, Texas-based company’s...
Business Moves
Aug 2 2010 // RSI International, Insurance Network Texas-based RSI International Inc. has acquired Insurance Network Corp. (INC), a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes...
People
Aug 2 2010 // Stephen M. Franz was named senior vice president of Dallas-based managing general agency and wholesale broker Capstone Underwriters LLC. Franz has been with Capstone since 2004. Prior to Capstone, he held positions at all...
Number of Texas Uninsured Vehicles Declines
Aug 2 2010 // Since the launch of the TexasSure auto insurance verification program two years ago, the number of uninsured vehicles on Texas roads has declined, the Texas Department of Insurance reports. The TexasSure electronic...
Court Orders Employer to Repay $104K to Texas Mutual
Jul 30 2010 // Texas Mutual Insurance Co. announced that a Travis County district court sentenced Cheryl Bussey of Mansfield, Texas, on workers’ compensation fraud-related charges. Bussey was sentenced to 10 years’ deferred...
Texas Public Entities Earn $200K from Work Comp Dividend Plan
Jul 30 2010 // The Board of Trustees of Texas Political Subdivisions JSIF has voted to approve $200,000 in workers’ compensation insurance dividend payments to member local government entities throughout Texas. Each public...
Texas Mutual Successful on Appeal in Workers’ Comp Bad Faith Case
Jul 29 2010 // A Houston Court of Appeals has dismissed a case involving workers’ compensation benefits claim disputes with Texas Mutual Insurance Co. in a move that according to the insurer resolves “significant”...
Texas Court Gives New Life to Contractual Liability Exclusion
Jul 27 2010 // Where contractors are involved, one of the most intractable problems for a carrier in negotiating and settling claims are the contract liability issues. How does a carrier identify if a contractual claim is covered? A...
Texas Insurance Agencies Enjoy Growth Through ‘Niche Power’
Jul 26 2010 // Texas independent insurance agent Gordon Sorrel, credits the power of niche marketing with contributing to the growth his agency has experienced during the last year, despite the soft market and general economic...
Builder Agent Network Offers Package Policy for Texas Home Builders
Jul 22 2010 // The Builder Agent Network (BAN) is expanding it offerings for Texas home builders and general contractors to include a new package policy for home builders. BAN is a managing general agent for several insurance companies...
Louisiana, Texas Gain Jobs in June; Arkansas, Oklahoma Post Losses
Jul 21 2010 // The South Central states of Louisiana and Texas posted job gains for the month of June, but Arkansas and Oklahoma saw slight losses in employment. The Louisiana Workforce Commission reported Louisiana’s seasonally...
Despite Soft Market, Texas Agencies Manage to Grow
Jul 20 2010 // They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business,...
The Hartford Agrees to Roll Back Homeowner Rate Hikes in Texas
Jul 19 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 with homeowner insurance from...
Texas Verification Program: Number of Uninsured Vehicles Declines
Jul 19 2010 // Since the launch of the TexasSure auto insurance verification program two years ago, the number of uninsured vehicles on Texas roads shows signs of decline, the Texas Department of Insurance reports. The TexasSure...
4 ‘Ace’ Agencies, 4 Success Stories
Jul 19 2010 // Despite Soft Market, Firms Have Managed to Grow They’re all different – one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of...
