Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Security General Acquires Business of Emerald Surplus
Jan 26 2009 // Effective Jan. 1, 2009, San Antonio-based Texas Security General Insurance Agency Inc. (TSGA) officially acquired the stock of Emerald Surplus Inc. and is transitioning all business to TSGA, the company announced. All...
Insurance in Times of Financial Crisis
Jan 25 2009 // Fiduciary liability typically involves an employee suing an employer for not offering employee options for investing in a 401K plan, and the law weighs heavily in favor of the employee in these cases. The current financial...
They’re Baaaaack!
Jan 25 2009 // The lawmakers are back, at least in Arkansas, Oklahoma and Texas. Louisiana has to wait until April for the pleasure. For now, though, bars and restaurants in Little Rock, Oklahoma City and Austin will rejoice in the...
Texas No. 1 for Railway Accidents; Harris County Leads the Way
Jan 25 2009 // Harris County is the most dangerous county in Texas for railway accidents, according to a recently released report. There were 1,376 reported incidents including derailments, collisions, pedestrian trespassing and...
Agents Speak Out on ‘Putting Back the Pieces’ After Brooke
Jan 25 2009 // Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/...
Texas Mutual Gains Legal Ground in Oklahoma, Tennessee Cases
Jan 23 2009 // Texas Mutual Insurance Company reported it has secured legal victories in two workers’ compensation cases that originated in Oklahoma and Tennessee. In a statement released by the company, Texas Mutual Insurance said...
Texas Windstorm Insurer: Repairs Must Follow Wind Code Rules
Jan 23 2009 // The Texas Windstorm Insurance Association is instructing agents who have clients with residential dwellings insured under the TWIA waiver program that all repairs must be done to the current catastrophe area wind code...
Timmons Named Communications Director for Texas Agents Group
Jan 22 2009 // Linda Timmons has been promoted to director of communications for the Independent Insurance Agents of Texas (IIAT). In this position, Timmons will manage the organization’s internal and external communications,...
Texas Led Nation in Catastrophic Losses in 2008
Jan 21 2009 // A combination of hurricanes and severe thunderstorms pushed claims to exceed $10 billion for Texas property and casualty insurers in 2008. The losses in Texas exceeded all of the industry’s catastrophic losses for...
Sun Belt Insurance, Higginbotham & Assoc. Join Forces
Jan 14 2009 // Sun Belt Insurance & Associates Inc., a Waco, Texas-based commercial and personal insurance and group benefits brokerage firm, and national insurance and financial services firm Higginbotham & Associates Inc.,...
Group Names Worst Texas Counties for Rail Safety
Jan 13 2009 // Harris County is the most dangerous county in Texas for railway accidents, according to a recently released report. There were 1,376 reported incidents including derailments, collisions, pedestrian trespassing and...
Fire Safety Checks Lagged at Texas Shelter Where 5 Died
Jan 13 2009 // Investigators probing a fatal fire at an East Texas homeless shelter have been unable to find evidence it was inspected for fire safety in recent years, according to local officials. While still early in the investigation...
Texas Mutual Pays $3.2M Dividend – Its Largest – to Restaurant Group
Jan 13 2009 // Texas Mutual Insurance Company recently announced a $3,162,738 dividend to the Texas Restaurant Association (TRA) group discount program. This marks the largest dividend in Texas Mutual’s history. It was based...
Windstorm Fund a Leading Issue With Lawmakers at Texas Capitol
Jan 12 2009 // Hurricane Ike was the big storm Texas officials feared would hit the coast – and the state’s way of paying for it afterward. When lawmakers convene Jan. 13, they’ll face the financial devastation left by...
Lifelines in the Storm: Pro-Policyholder Developments in 2008
Jan 11 2009 // In light of the enormous losses and cascading failures triggered by the financial crisis, companies across the full spectrum of U.S. industry will be looking to their insurance policies for loss mitigation. Fortunately,...
Lifelines in the Storm: Pro-Policyholder Developments in 2008
Jan 11 2009 // In light of the enormous losses and cascading failures triggered by the financial crisis, companies across the United States will be looking to their insurance policies for loss mitigation. However, recent developments in...
People
Jan 11 2009 // National managing general agent Burns & Wilcox has promoted Anthony Cugini to manager of the company’s Houston office. He is responsible for increasing sales across all product lines, including professional...
Texas, Oklahoma Among States Requiring Fire-Safe Cigarettes
Jan 11 2009 // Laws mandating stores only sell cigarettes that are slow-burning and fire-safe went into effect in five states on New Year’s Day, including Texas and Oklahoma. Those two states, plus Delaware, Iowa and Pennsylvania,...
Business Moves
Jan 11 2009 // Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1,...
Lifelines in the Storm: Pro-Policyholder Developments in 2008
Jan 11 2009 // In light of the enormous losses and failures triggered by the financial crisis, companies across the full spectrum of U.S. industry will be looking to their insurance policies for loss mitigation. Fortunately, developments...
