Latest Texas Headlines

West and North Texas Cleaning up After Violent Storms, Tornadoes

Apr 25 2008 // Violent thunderstorms produced tornadoes, large hail and heavy rains over west and north Texas on April 23 causing a considerable amount of damage. The worst losses appear to have occurred where the storm clouds began...

The Gibraltar Group Opens Central Texas Office, Adds New Broker

Apr 24 2008 // The Gibraltar Group will open an office in Goldthwaite, Texas, on May 5 to serve businesses in Central Texas, the company reported. Warren Blesh, who has more than 25 years of commercial insurance experience, will lead...

Colemont Rolls Out New Admitted Non-Subscription Program in Texas

Apr 23 2008 // Colemont Insurance Brokers has introduced TExcess, a new employers’ excess indemnity insurance (EEII) policy available for larger Texas employers who are non-subscribers to the workers’ compensation...

NIP Founder Has a Passion for Director Protection

Apr 22 2008 // Bill Pollock is passionate about protecting directors of companies. The Dartmouth College and University of Virginia law school graduate has been a director and a CEO, and understands from both sides the position company...

Recession? In South Central States It Depends On Location

Apr 22 2008 // With some notable exceptions – southern Louisiana for one – the economies of the South Central states seem to be holding steady against the looming prospect of a nationwide recession. Populations are growing in...

Coast Has Big Influence on Louisiana and Texas Property Markets

Apr 21 2008 // After two mild catastrophe years, states hope to share better coverage options Louisiana and Texas share a lot. Besides sharing a common border, they share the Gulf of Mexico — both its bounty and its battering, in the...

Declarations

Apr 21 2008 // One’s Too Many “Personal injury lawyers in Texas want to see the telemarketing of injury victims stopped. It is a small percentage of chiropractors and lawyers who engage in this conduct, but even one instance...

Spring Storms Hammer Arkansas, Oklahoma and Texas

Apr 21 2008 // Damage estimates continue to pile up Texas, Oklahoma and Arkansas have been hammered numerous times this Spring with violent storms that produced tornadoes, hail, heavy rain and floods, and the damages are...

Business Moves

Apr 21 2008 // Towerstone Towerstone Inc., a wholesale insurance broker and managing general agency with extensive experience in a broad spectrum of industries, has been formed via the merger of Energy Risk Associates Inc. (ERA) with the...

Case Watch

Apr 21 2008 // Additional Insured Evanston Insurance Co. v. Atofina Petrochemicals Inc., Texas Feb. 15, 2008. Contract provision requiring that refinery “shall be named as additional insured” sufficient to trigger additional...

Apr 21 2008 // People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of...

WKF&C Agency Expands to Texas

Apr 18 2008 // Melville, New York-based managing general agent, WKF&C Agency Inc., announced it is expanding its nationwide casualty underwriting platform with the opening of a new office in Dallas, Texas. Industry veteran and...

Man Who Fled to Georgia Sentenced for Workers’ Comp Fraud in Texas

Apr 18 2008 // Texas Mutual Insurance Company reported that a Travis County district court has sentenced a Los Fresnos, Texas, man on workers’ compensation fraud-related charges. The court sentenced Frank Tisdale to five...

Amick Named Director of M.J. Hall’s New Texas Location

Apr 18 2008 // M.J. Hall and Company Inc., a managing general agent and surplus lines wholesaler based in Stockton, Calif., has opened an office in Plano, Texas. The company said with the opening of the Plano office it now has eight...

California Judge Approves Ford Explorer Settlement

Apr 17 2008 // A California judge on Tuesday approved the settlement of a class-action lawsuit that will compensate about 800,000 Ford Explorer owners whose vehicles lost value because of a perceived rollover danger. The settlement ends...

Texas Windstorm Pool Seeks to Increase Reinsurance Level for 2008

Apr 17 2008 // Citing increased exposure along the Texas coast, the Texas Windstorm Insurance Association has requested Commissioner of Insurance Mike Geeslin to authorize the purchase of $1.5 billion in reinsurance for the windstorm...

Texas Workers’ Comp Division Assesses $63K in Penalties

Apr 17 2008 // Disciplinary actions taken by Commissioner of Workers’ Compensation Albert Betts in February and March 2008 totaled $63,800 for violations of the Texas Workers’ Compensation Act, the Texas Department of...

Texas Regulators Explain State Farm Homeowners Rate Hike

Apr 14 2008 // In its “Straight Talk About Insurance” column on its Web site, the Texas Department of Insurance has updated information on the decision to approve an increase in State Farm Insurance Company’s homeowners...

Excess Workers’ Comp Program for Non-subscribers Launched in Texas

Apr 11 2008 // Safety National Casualty Corp., a Missouri-based provider of excess workers’ compensation insurance, has launched a new program for non-subscriber employers in Texas. This new program, TExcess, provides excess...

Texas Attorney General Acts to Halt Sale of Fake Driver’s Licenses

Apr 11 2008 // Texas Attorney General Greg Abbott has charged a Houston company with selling fake driver’s licenses to immigrants. An enforcement action filed by the Attorney General asked the court to stop the defendants, Centro...