Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Companies Linked to Texas Bus Crash Told to Shut Down
Aug 12 2008 // Companies linked to a bus that crashed in Texas and killed 17 people, most of them from Vietnamese Catholic congregations on their way to a religious festival, pose an “imminent hazard” and must cease...
Texas Windstorm Pool Takes Over Property Inspection Duties
Aug 12 2008 // The Texas Windstorm Insurance Association recently announced it is assuming the responsibility of getting exterior photographs and inspecting all structures submitted for coverage, whether residential or...
No License, No Insurance for Bus in Texas Crash That Killed 17
Aug 11 2008 // The operator of the tour bus that wrecked in an accident that killed 17 members of a Houston church Aug. 8 was not legally licensed and had no insurance. In addition to the fatalities, 40 people were injured when the bus...
Texas Orders $4.4M in Fines and Restitution in June
Aug 8 2008 // Enforcement actions by Texas Commissioner Mike Geeslin in June included five license revocations, a license denial, and fines and restitution totaling $4,422,505, theTexas Department of Insurance reported. Copies of...
Companies Cited for Violations in North Texas Explosion
Aug 7 2008 // A Texas Railroad Commission has found violations by a natural gas utility and one of its subcontractors connected to a deadly gas-related explosion in a Dallas suburb. The May 16 explosion destroyed two homes in McKinney...
Manney to Retire From Myron Steves
Aug 7 2008 // Bill Manney has announced his retirement from Texas-based insurance wholesaler Myron Steves after 40 years of service in the insurance industry. Manney served Myron Steves as West Texas business development...
Damage From Tropical Storm Edouard Minimal
Aug 6 2008 // Tropical Storm Edouard hit the Texas Gulf coast east of Galveston Aug. 5 with strong winds and heavy rain, but did little more than soak the travelers who came to relax on the tourist town’s beaches. The National...
Social Service Agencies Group Receives $300K Texas Mutual Dividend
Aug 5 2008 // Texas Mutual Insurance Company reported a $304,515 dividend to the Social Services Agencies of Texas purchasing group. The dividend rewards the group for preventing workplace accidents and controlling claim...
Edouard Brings Rain, High Winds to Southeast Texas
Aug 5 2008 // Tropical Storm Edouard made landfall in Southeast Texas this morning between High Island, just east of Galveston, and Port Arthur, near the Louisiana border. The National Hurricane Center had expected the rapidly...
Tropical Storm Edouard Heads for Texas/Louisiana Coast
Aug 4 2008 // A swiftly developing Tropical Storm Edouard is expected to make landfall very near the upper Texas coast or the coast of southwestern Louisiana by Tuesday, Aug. 5, the National Hurricane Center reported. As of Monday...
Storm Edouard Shuts Gulf Coast Oil Port, Disrupts Shipping
Aug 4 2008 // Tropical Storm Edouard forced shut a huge U.S. offshore oil port, a refinery, some oil production and disrupted shipping as the storm raced toward the Texas-Louisiana coast Monday. Energy companies evacuated staff from...
Insurers, Agents Urge Coastal Wind Policy from Texas to Maine
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Speak Up if You Care …
Aug 4 2008 // The Case for Risk Management and Insurance Education If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.”...
Damage Costs from Hurricane Dolly May Reach $750M
Aug 4 2008 // Catastrophe risk specialist RMS says the insurance bill for damage from Hurricane Dolly, which hit Southwest Texas on July 23, may go as high as $750 million, while Boston-based AIR World-wide estimates damages between...
Funding for Texas Wind Pool a Top Issue for Insurance Industry
Aug 4 2008 // Funding, funding, funding. Those are three most important issues for the Texas Windstorm Insurance Association in advance of the 2009 legislative session, according to one industry lobbyist and advisor. There are other...
Case Watch
Aug 4 2008 // Exclusions Yates Carpet Inc. v. The Travelers Lloyds Insurance Co. Texas Appeals 7th Circuit, June 19, 2008 Breach of contract exclusion precludes coverage for all claims bearing even an incidental relationship to alleged...
People
Aug 4 2008 // Richard “Dick” Reynolds, former chairman and executive director of the Texas Workers’ Compensation Commission, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 16th...
Verification Test Finds Many Drivers Not Insured
Aug 4 2008 // The Texas Department of Insurance has estimated that between 15 percent and 20 percent of drivers in Texas are uninsured, but a pilot program testing a new auto insurance verification system — TexasSure — found that...
Agents Weigh Independence, Commissions, Markets When Choosing Agency Networks
Aug 4 2008 // Rising Costs, Soft Market Cause Agents to Consider Network Options Maintaining their independence while gaining access to resources and markets are what independent agents consider when deciding whether to join an...
The Case for Risk Management and Insurance Education
Aug 1 2008 // If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.” Not that there’s anything wrong with that, mind...
