Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Regulators Suspend Premium Payments for Ike Victims
Sep 16 2008 // In the aftermath of Hurricane Ike, the Texas Department of Insurance has directed insurance carriers to “to provide prompt and immediate relief” to residents and policyholders impacted by the storm,...
Bermuda Association Explains Reinsurance Risk Spreading Role
Sep 15 2008 // “The global reinsurance market plays an integral role in spreading US hurricane risk around the world,” said a bulletin from the Association of Bermuda Insurers and Reinsurers (ABIR). “Without it, the...
Nearly 2,000 Brought to Safety in Texas
Sep 15 2008 // Rescuers searching the waterlogged streets and splintered houses left behind by Hurricane Ike in Galveston they had saved nearly 2,000 people – many of whom then boarded buses to shelters without knowing where they...
Texas Agents Group Gears up Disaster Response Team
Sep 15 2008 // In the aftermath of Hurricane Ike, the Independent Insurance Agents of Texas has initiated its catastrophe response plan to offer assistance to member agencies that have been severely adversely affected by the massive...
Ike Insured Damage Estimates Range from $6B to $18B
Sep 15 2008 // Estimates of insured damage from Hurricane Ike vary widely – from $6 billion to $18 billion, according to several catastrophe risk modeling firms, but Texas Insurance Commissioner Mike Geeslin has pointed out that...
Hurricane Ike Idles Texas Oil Industry, Threatens Floods
Sep 12 2008 // Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas Friday, leaving most production idled and threatening a fifth of the nation’s refining capacity with howling winds and a possible...
Like Ike, Insurance Exposures Along Texas Coast Are Massive
Sep 12 2008 // With a giant Hurricane Ike taking aim at the upper Texas coast, the value of insured property at risk is huge, according to the Insurance Information Institute. The total value of insured coastal property in Texas was more...
Louisiana Won’t Be Spared by Ike
Sep 12 2008 // Although Galveston, Texas, is expected to experience the brunt of the storm, Hurricane Ike is a very, very large storm, extending nearly 900 miles across according to some estimates. Louisiana figured it might have been...
Ferocious Hurricane Ike in Gulf of Mexico, Headed for Texas
Sep 11 2008 // Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or...
Thousands Flee Texas Coast as Hurricane Ike Shifts Northward
Sep 11 2008 // On Sept. 10, it looked like Hurricane Ike was going to make landfall along the middle Texas coast, with Corpus Christi being the largest city with the most to lose from the storm, which is expected to make landfall...
Texas Work Comp Division Encourages Crane Safety in Wake of Accidents
Sep 10 2008 // Recent construction crane accidents causing injuries and accidents in Texas and elsewhere have prompted the Texas Department of Insurance to urge employers and employees to use safety precautions when operating cranes. In...
July Enforcement Actions in Texas Result in $500K in Fines
Sep 10 2008 // Enforcement actions taken by Texas Commissioner of Insurance Mike Geeslin in July 2008 include nine license revocations, four license denials and fines and restitution totaling $539,814. Copies of Geeslin’s orders...
Texas Bracing for Possible Strike by Hurricane Ike
Sep 9 2008 // As Hurricane Ike barrels over Cuba and heads toward the Gulf of Mexico, it has the potential to become the storm that insurance companies in Texas have feared most, according to the Insurance Council of Texas. As of Sept....
Bordelon Named Texas Commissioner of Workers’ Compensation
Sep 9 2008 // In late August, Texas Gov. Rick Perry named Rod Bordelon of Austin as commissioner of the Workers’ Compensation Division at the Texas Department of Insurance, replacing outgoing commissioner Albert Betts....
A.D. Carlton Rolls Out New Market for Artisan Contractors in Ill., Texas
Sep 9 2008 // Irving, Texas-based A.D. Carlton Insurance, a wholesale broker and MGA specializing in contractors, has introduced a new general liability market for artisan contractors in Texas and Illinois. Program details include: $700...
After Gustav, Will People Be Less Likely to Heed Warnings Next Time?
Sep 4 2008 // Millions fled the Gulf Coast in fear of Hurricane Gustav, billed as the apocalyptic “mother of all storms.” It didn’t deliver. Now, with three other storms lining up in the Atlantic, some fear people...
Gustav only Sideswipes New Orleans
Sep 3 2008 // New Orleans can get back to its comeback. Traumatized after losing their homes when Hurricane Katrina’s floodwaters broke through the levees that protect this city, Hurricane Gustav ended up a mere interruption in...
Ballinger Keeps the Beat at the Surplus Lines Stamping Office of Texas
Sep 1 2008 // SLSOT Celebrates its 20th Anniversary This Year Phil Ballinger, executive director of the Surplus Lines Stamping Office of Texas, knows a lot about rhythm. He was a drummer with the Van Wilks Band long before he joined...
State Farm Wins One in Dispute Over Homeowners Rates in Texas
Sep 1 2008 // In a long running dispute between the Texas Department of Insurance and State Farm over homeowners insurance rates, the 3rd Court of Appeals in Austin on Aug. 22 ruled that state regulators did not have the authority to...
Auto Rates Rising for State Farm, Allstate Customers
Sep 1 2008 // Allstate and State Farm are raising their auto rates in Texas. State Farm filed with the Texas Department of Insurance increases of 2.4 percent and 7.3 percent, respectively, for its two auto insurance subsidiaries, State...