Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Buys Texas’ Melton Insurance Associates
Apr 27 2007 // Ill.-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. announced it has aqcuired Melton Insurance Associates Inc. of Odessa, Texas. Terms of the transaction were not...
Loss Figures for North Texas Storm Revised to $100M
Apr 27 2007 // Insured losses from the storm that spawned tornadoes and large hail over portions of the Dallas Fort Worth area on April 13, have been set at approximately $100 million, the Insurance Council of Texas reported. Twenty...
Storms Kill 10 Along Texas/Mexico Border, Gov. Declares Disaster Area
Apr 26 2007 // Texas Gov. Rick Perry has toured areas along the Texas/Mexico border that recently were hit with violent storms and tornadoes. He issued state disaster proclamations for Maverick County as a result of the damage and loss...
Recent Texas Freeze Damaged Grape, Pecan Crops
Apr 25 2007 // Farmers still recovering from the devastating drought conditions of 2006 are now sizing up their losses from the latest weather calamity to hit Texas: freezing temperatures. The Easter weekend freeze damaged numerous...
Garner and Arsuaga Join All Risks in Dallas Office
Apr 24 2007 // All Risks Ltd., a national independent wholesale broker and managing general agent headquartered in Hunt Valley, Md., announced that Elaine Garner and Julie Arsuaga have joined the firm in its Dallas, Texas, office. Garner...
Texas House Committee OKs Small Business Tax Relief Measure
Apr 24 2007 // The Texas House of Representatives Ways and Means Committee has approved a provision that would help Texas’ small businesses by increasing the small business exemption under the franchise tax – an initiative...
Business Moves
Apr 23 2007 // AXIS Capital, Media/Pro AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing...
Majority of medical malpractice claims close without payment
Apr 23 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
News Currents
Apr 23 2007 // Texas AG, Allied World Assurance settle antitrust suit A settlement has been reached in an investigation that Texas Attorney General Greg Abbott says uncovered collusion between a Bermuda-based commercial casualty insurer...
Business Moves
Apr 23 2007 // Brown & Brown, United Employers Insurance Brown & Brown Insurance Services of Texas Inc., a subsidiary of Fla.-based Brown & Brown Inc., acquired the assets of Houston-based United Employers Insurance Agency...
People
Apr 23 2007 // Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the...
8 Texas AG, Allied World settle antitrust suit
Apr 23 2007 // Company admits no wrongdoing but agrees to pay $2.1 million 8 La.’s governor, commissioner unveil legislative plan Package of bills aimed at increasing competition in insurance market 10 Ark. commissioner tells U.S....
Mentoring process is at the core of new producer development
Apr 23 2007 // Most high performance, high growth independent agencies have a lot in common when it comes to finding, hiring and mentoring new producers: They dedicate the necessary time for their mentoring program and couple the...
Texas AG Cites CVS Pharmacy for Exposing Customer Records
Apr 19 2007 // Texas Attorney General Greg Abbott on April 17 took legal action against CVS Pharmacy for exposing its customers to identity theft. According to court documents filed by Abbott, CVS violated a 2005 law requiring businesses...
Burns & Wilcox Promotes Shumate to Underwriter in Texas Office
Apr 17 2007 // Specialty insurance and brokerage provider Burns & Wilcox announced that Jennifer Shumate has been promoted to underwriter in the company’s Arlington, Texas, office. Previously, Shumate was a production...
Losses Estimated at $25 Million in North Texas Storm
Apr 17 2007 // A fast moving storm that slammed into the Dallas/Fort Worth area on the night of April 13 spawned tornadoes and large hail and caused an estimated $25 million in insured losses. Two people, including an Irving police...
Texas AG Settles $2.1M Antitrust Case with Allied World Assurance
Apr 13 2007 // A settlement has been reached in an investigation that Texas Attorney General Greg Abbott says uncovered collusion between a Bermuda-based commercial casualty insurer and various U.S. insurance companies. The settlement...
Wagoner Named Product Development Manager at Texas General Agency
Apr 11 2007 // Texas General Agency Inc., based in San Antonio, has hired Jay Wagoner to serve as its Product Development manager. Prior to joining TGA, Wagoner was executive vice president of Arrowhead General Insurance Agency, managing...
Insurance Council of Texas Offers Disability Management Training
Apr 11 2007 // The Insurance Council of Texas (ICT) announced it has teamed up with the TDI Division of Workers’ Compensation (DWC), American Insurance Association, and Property Casualty Insurers Association of America to provide...
Texas Arson Hotline Nets Three Arrests in Store Fire
Apr 10 2007 // A call to the Texas Arson Hotline resulted in the arrest of three Sul Ross State University students following a fire in an Alpine, Texas, convenience store, according to A Texas Advisory Council on Arson (ATAC), which...
