Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Western Security Surplus Texas Adds Market for Nightclubs, Concerts
Jan 4 2008 // Western Security Surplus Texas announced it now has a market for restaurants, taverns, bars, nightclubs, concerts, and gentlemen’s clubs. In the announcement, Ron Klimek, vice president, Marketing and Business...
Vanek Elected President of Texas Fire and Casualty Association
Jan 4 2008 // Greg Vanek of Waco was elected president of the Association of Fire and Casualty Companies in Texas (AFACT) for the 2008-2009 term. Vanek is president and chief executive officer of National Lloyds and American Summit...
Langley to Chair Insurance Council of Texas Board
Jan 3 2008 // The Insurance Council of Texas (ICT) elected Dorothy Langley as chair of its Board of Directors beginning Jan.1, 2008. Langley has been a part of the Unitrin Property & Casualty Insurance Group since 1992. She...
Top Insurance Stories in 2007 in South Central
Dec 31 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
Texas Discount, Interest Rate Set for Jan. 1 – March 31, 2008
Dec 31 2007 // The Texas Department of Insurance, Division of Workers’ Compensation determined that any interest or discount provided for in the Texas Workers’ Compensation Act shall be at the rate of 6.84 percent. This rate...
Texas Enforcement Actions Result in $4.5M in Fines, Restitution
Dec 28 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during November include three license revocations, two license denials, and fines and restitution totaling $4,495,150, the Texas...
Declarations
Dec 23 2007 // The Worst Storm “This is without question the worst ice storm in state history, and it will require a historic response from all levels of government.” —Oklahoma Gov. Brad Henry, following severe ice storms...
The Road to Texas Supreme Court’s Heart: Through the Fifth Circuit
Dec 23 2007 // 2007 was a year in transition for Texas insurance law Omar Bradley often said, “Set your course by the stars and not by the light of every passing ship.” In 2007, the Texas Supreme Court failed to heed this...
Weather blows through top stories of 2007
Dec 23 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
New Markets
Dec 23 2007 // 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. Small Residential General Contractors Nuts...
Workers’ Comp Dividend Earned by Petroleum Marketers and Convenience Store Group
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
McGriff, Seibels & Williams’ VP Honored by Texas RIMS Group
Dec 21 2007 // The Dallas-Fort Worth Chapter of Risk and Insurance Management Society (DFW RIMS) named Mark Shults of McGriff, Seibels & Williams as the Distinguished Associate of the Year for 2007. He is vice president and producer...
Study: Texas Homeowners Rates Remained High in 2005
Dec 20 2007 // Texas homeowners insurance premiums stabilized some after legislative reforms in 2003, but two years later were still the highest in the United States, according to a new study released by the National Association of...
State Farm Seeks 3.6% Homeowners Rate Hike in Texas
Dec 19 2007 // State Farm Insurance Co., the largest insurer of homes and cars in Texas, said it filed for an average 3.6 percent rate increase for its Texas homeowners’ insurance policies. The filing includes larger multi-line...
Correction: Texas Insurance Professionals Honored by Utica National
Dec 17 2007 // Editor’s Note: The original version of this story incorrectly identified Mark Solomon, Jr. as being associated with All Auto Insurance Agency Inc. in Richardson and a TIP Board member. Mark Solomon, Jr. is head of...
Farmers Insurance Wants Steep Rate Hike in Texas’ Gulf Counties
Dec 17 2007 // Farmers Insurance has indicated it wants to raise home insurance rates 20 to 30 percent along the Texas coast, while reducing rates in many other areas. The company’s rate filing with the Texas Department of...
Texas Insurance Professionals Honored by Utica National
Dec 13 2007 // Texas Insurance Professionals recently received the Outstanding Sales Achievement Award from the Utica National Insurance Group. Utica Special Programs Vice President/Director Curtis Pearsall praised Mark Solomon Jr., of...
Small Business Groups Get Big Dividends from Texas Mutual
Dec 13 2007 // Texas Mutual Insurance Company reported $684,997 in dividends to the National Federation of Independent Business (NFIB) workers’ compensation purchasing groups. The dividends were based largely on the groups’...
Best Revises Zurich Outlook to ‘Positive,’ Affirms ‘A’ Ratings
Dec 12 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company (ZIC), the main operating company of...
Texas Restaurant Owner Arrested on Arson Charges
Dec 12 2007 // The Federal Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Boerne Fire Marshals Office and the Texas State Fire Marshals Office announced the arrest of Joseph Stasny, a 39-year-old resident of Boerne, Texas,...
