Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Arthur J. Gallagher Acquires Texas-based Employee Benefit Broker
May 11 2009 // Arthur J. Gallagher & Co. has acquired the Sellers Group LLC, an employee benefit broker in The Woodlands, Texas. Terms of the transaction were not disclosed. Established in 1997, Sellers Group LLC offers a full range...
Texas Jury Awards $72.6M Against Law Firm in Patent Case
May 11 2009 // A federal court jury has returned a $72.6 million damage award against a Dallas-based law firm over a botched patent application involving a safety device designed to help save downed firefighters. The jury returned its...
Texas Small Businesses to See Tax Relief Under Bill Passed by House
May 8 2009 // The Texas House of Representatives has passed a bill that will allow small businesses to claim state franchise tax exemptions for income up to $1 million, at least temporarily. House Bill 4765, joint-authored by Ken Paxton...
Insurer Group Assists Auto Theft Prevention Efforts in SE Texas
May 6 2009 // The Insurance Council of Texas (ICT) announced it has joined with the Texas Auto Burglary and Theft Prevention Authority in a crime prevention campaign aimed at preventing auto thefts and auto burglaries in southeast...
Insurance Information and Highway Safety Execs to Speak in Texas
May 6 2009 // Dr. Bob Hartwig, president of the Insurance Information Institute will share his thoughts on the state of the insurance industry and Adrian Lund, president of the Insurance Institute for Highway Safety, will explain the...
TWIA’s Chair Langford Honored by Texas Senate
May 5 2009 // The Texas Senate honored James Langford, vice president of compliance, regulatory and government affairs for Texas Farm Bureau Insurance Companies, in a Senate Resolution. The Resolution was read on the Senate floor...
Texas Senate Passes Insurance Department ‘Sunset’ Bill
May 4 2009 // After a temporary block by Democrats in the Texas Senate, a bill allowing continuation of the Texas Department of Insurance passed the Senate and headed to the House of Representatives for deliberation. Sen. Glenn Hegar of...
People
May 4 2009 // Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining...
Declarations
May 4 2009 // Nothing Doing “Doing nothing is not an option.” —Texas Sen. Troy Fraser, R-Horseshoe Bay, said efforts to improve the state’s troubled windstorm insurance system are “way off track” in the...
Texas Senate Approves Windstorm Bill
May 4 2009 // The Texas Senate approved a new structure for the state’s depleted windstorm insurance fund last week, providing a combination of potential rate hikes, bonding and other revenue to ensure the account gets...
Delta Celebrates 50 Years
Apr 29 2009 // Houston, Texas-based Delta General Agency Corp. celebrates its 50th anniversary in the insurance business this year. Delta was founded in 1959 by Avrohm Wisenberg, a long-time Houston retail agent, as a means of providing...
Texas Agents Rate Companies on 2008 Hurricane Response
Apr 24 2009 // Insurance companies responding to last year’s hurricanes Dolly and Ike were given generally good marks by independent agents along the Texas coast in a recent member survey by the Independent Insurance Agents of...
Texas Mutual Launches Teen Worker Safety Program
Apr 24 2009 // Texas Mutual Insurance Company and its partners have launched off a campaign to reduce the number of workplace injuries among teen workers. The One Wrong Move campaign kicked off in Lubbock on April 23 with brochures,...
Students of Insurance at Texas Universities Receive Scholarships
Apr 23 2009 // The Insurance Council of Texas (ICT) has awarded academic scholarships to 12 students at the University of Texas at San Antonio, Huston-Tillotson University and the University of Texas Pan American in Edinburg. The...
Texas Senate OK’s Bill to Lower Standard of Proof in Asbestos Lawsuits
Apr 21 2009 // Handing a rare victory to personal injury trial lawyers, the Texas Senate recently passed legislation that would make it easier for certain people to recover damages after being exposed to asbestos. The bill, which passed...
Texas Senate Approves Insurance Department ‘Sunset’ Bill
Apr 21 2009 // The Texas Senate has approved a measure that allows the continued operation of the Texas Department of Insurance, but would slightly reform its operations, according to a Senate new release. The bill’s author Senator...
Texas High Court Rules Against Insurer in Fleeing Truck Case
Apr 20 2009 // The Texas Supreme Court has ruled that an insurance company must pay a family’s claim over a child critically injured by a truck that was fleeing from police. The child’s parents, Greg and Maribel Tanner, sued...
<em>09.13.08, Hurricane Ike</em>: Must See TV
Apr 20 2009 // For Galveston, Texas, and nearby coastal areas, the recovery from Hurricane Ike, the massive storm that devastated the Texas coast on Sept. 13, 2008, has been a slow and painful process. Now, a powerful new documentary...
Windstorm Insurance Debate Begins in Texas, Finally
Apr 20 2009 // Texas legislators on April 7 finally jumped into debate over how to improve the troubled windstorm insurance system that serves as a last resort for hurricane protection along much of the Gulf Coast. The House Insurance...
People
Apr 20 2009 // Ron Wright, chief operating officer of Texas Mutual Insurance Co. since 1997, is set to become president and CEO of the company effective Sept. 1, 2009. Wright will succeed Russell R. Oliver, who announced his retirement...
