Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
Frequency Down but Severity Still a Problem for Medical Liability Insurers
Apr 20 2009 // Like just about any company anywhere on earth, medical liability insurers lost money on their equity investments in 2008 due to the meltdown in the U.S. and worldwide economies in the latter half of the year. However, for...
New Markets
Apr 20 2009 // 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. Technology Errors & Omissions Market...
Texas Bill Aims to Reverse State High Court Ruling in Work Comp Case
Apr 17 2009 // Texas lawmakers, unhappy with a recent state Supreme Court decision in a high profile workers’ compensation case, have passed out of committee a measure its sponsors say will overturn the Court’s ruling in...
Texas AG Shuts Down Trio Targeting Hurricane Victims
Apr 16 2009 // Texas Attorney General Greg Abbott has charged three men with operating an unlawful construction scheme that targeted Hurricane Ike victims. The AG’s lawsuit charges Benton R. Barber with operating several...
Key & Piskuran Insurance Becomes a Higginbotham Company
Apr 15 2009 // Key & Piskuran Insurance Agency LLC, a commercial property/casualty insurance broker in Arlington, Texas, has joined forces with Higginbotham & Associates, a Fort Worth-based insurance and financial services...
Governor Requests Emergency Declaration for 199 Texas Counties
Apr 14 2009 // Texas Governor Rick Perry has requested FEMA to issue an emergency declaration for 199 Texas counties based on the threat of wildfires. Perry also has authorized additional state resources to combat the ongoing wildfires...