Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Medicus Insurance Co. New Player in Ill. Medical Malpractice Market
Aug 10 2007 // Austin, Texas-based Medicus Insurance Co. recently announced its entry into the professional medical liability insurance market in Illinois. Supporters of more companies entering the Illinois market credit the passage of...
Texas Company Voluntarily Recalls Possibly Tainted Sandwiches
Aug 10 2007 // A Longview company has voluntarily recalled more than 4,200 Cloud’s tuna salad and egg salad sandwiches – some of them distributed in Arkansas – because of the possibility they could be contaminated with...
National Atlantic to Enter Texas Standard Auto Market
Aug 9 2007 // New Jersey-based National Atlantic Holdings Corporation announced plans to enter the standard and preferred auto insurance market in Texas in late 2007. National Atlantic will offer its auto coverage in conjunction with an...
Kemper Introduces New High Value Homeowner Product in Texas
Aug 9 2007 // Kemper announced it has introduced INFINITY, an enhanced homeowners program designed for homes in Texas valued from $400,000 to $1.5 million. According to the company’s announcement, INFINITY features three primary...
Texas-based Brokerage Acquired by HUB Transportation Unit
Aug 7 2007 // Hub International Transportation Insurance Services Inc. (HUB Transportation) acquired Templeton Southwest Insurance Agency Inc. and Templeton Southwest of Houston Insurance Agency Inc. (Templeton), according to an...
Texas AG Says Health Spa Chain Exposed Customer Records to ID Theft
Aug 7 2007 // Texas Attorney General Greg Abbott cited Minnesota-based Lifetime Fitness and subsidiaries LTF Club Management Company L.L.C. and LTF Club Operations Company Inc., for systematically exposing its customers to identity...
People and Places
Aug 6 2007 // Dallas-based wholesaler Heartland Marketing Group named Jim Bishop as president. He will be responsible for Heartland’s wholesale and excess and surplus insurance operations. Bishop joins the operation from The...
Farmers rethinks homeowners rate hike in Texas
Aug 6 2007 // Texas regulators indicated they would turn down a proposal by Farmers Insurance for a 6.6 percent statewide increase in homeowners rates, so in late July 2007, the company said it will revise its plan. Ben Gonzales, a...
People and Places
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
People
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
People
Aug 6 2007 // The Property Casualty Insurers Association of America has named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson takes over the reins of PCI...
People
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
Commercial Lines Leaders
Aug 6 2007 // About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
Informal, Working Drafts of Texas Medical Fee Guideline Rules Posted
Aug 2 2007 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) posted on its Web site the informal working draft rules concerning medical reimbursements for professional services and workers’...
Lubbock Businessman Appointed to Chair Texas Mutual Board
Aug 1 2007 // Texas Mutual Insurance Company announced that Richard Cooper of Lubbock has been named chair of the company’s board of directors. Cooper replaces Martin Young Jr. of Houston, who served as chair since 1995. Cooper is...
Hub Buys Texas-Based Rigg Group’s Retail, Wholesale Operations
Aug 1 2007 // Hub International Ltd. reports it has agreed to acquire all of the stock of The Rigg Group, Inc., one of the largest Texas-based insurance brokers. The acquisition includes The Rigg Group’s subsidiaries Wm. Rigg Co.,...
Texas’ June Enforcement Actions Result in $190K in Fines, Restitution
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced. The actions include...
Energy Group Earns 3rd Texas Mutual Dividend
Jul 30 2007 // Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio. LSE has earned more than...
Texas Mutual Pays $125M in Dividends
Jul 26 2007 // Texas Mutual Insurance Company announced it is distributing approximately $125 million in individual policyholder dividends, the largest in the company’s history. Approximately 37,500 employers, representing about 79...
Central Texas CPCU Society Chapter Names New Officers
Jul 25 2007 // The Central Texas Chapter of the Chartered Property Casualty Underwriters (CPCU) Society announced the newly elected officers for 2007-2008. The new officers are: President – Stephanie Harvey, senior underwriter of...