Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Mutual Pays $1.1M Dividend to Texas Construction Group
May 15 2007 // Texas Mutual Insurance Company will return a $1,156,031 dividend to the Texas Construction Association (TCA) purchasing group, the workers’ comp insurer announced. The dividend was based largely on the group’s...
Okla. Doctor says Legislators can go to Texas for Care
May 14 2007 // An Oklahoma surgeon said he will not treat legislators who voted against a bill to curb malpractice insurance rates and suggested they go to Texas for surgical procedures. Unless it is an emergency, Dr. Peter S. Hedberg...
Texas Secretary, Barrel Racer Pleads Guilty to Fraud Charges
May 14 2007 // Texas Mutual Insurance Company reported that a Houston woman pleaded guilty to workers’ compensation fraud-related charges in a Travis County district court. The court sentenced Sheryl K. Reynolds to a 10-year...
Texas Auto, Homeowners Rates Still Falling, Insurer Group Says
May 14 2007 // Data released from the Texas Department of Insurance (TDI) shows the state’s average automobile and homeowners rates continue to fall, the Insurance Council of Texas reported. The ICT says rates have been steadily...
Coastal Texas Officials Question State’s Ability to Help in Hurricane
May 11 2007 // Texas emergency officials are struggling to assure their local counterparts that the wars in Iraq and Afghanistan won’t damage the state’s ability to respond to a major hurricane striking the Gulf Coast. Local...
Texas-based P/C Consulting Firm Acquires Pennsylvania’s Apteon
May 11 2007 // CastleBay Consulting Corporation, a consulting services firm headquartered in Austin, Texas, and specializing in providing high impact consulting services to the property/casualty insurance market, announced that it has...
Hallmark’s Q1 Net Income Doubles Over Same Period Last Year
May 11 2007 // Fort Worth, Texas-based Hallmark Financial Services Inc. reported quarterly net income of $5.0 million for the first quarter ended March 31, 2007, representing a 105 percent increase over net income of $2.4 million for the...
Winstead Adds Insurance-Focused Attorneys to Austin Office
May 10 2007 // Texas law firm Winstead PC announced it has added two new attorneys, Jeff Autrey and Keith Hopkinson, in its Business/Transaction Department. Autrey represents insurance and insurance-related clients on regulatory matters...
TDI’s Selden to Present at Central Texas CPCU Chapter Event
May 9 2007 // Audrey Selden, senior associate commissioner – Consumer Protection at the Texas Department of Insurance will be the keynote speaker at the Central Texas Chapter CPCU Society’s May luncheon meeting. Selden will...
Texas AG Sues Pawn Shop Chain for Dumping Customer Records
May 9 2007 // The Texas Attorney General’s Office filed suit against a pawn shop chain on May 8, claiming it “systematically” exposed customers to identity theft. Attorney General Greg Abbott’s office said...
Insurers Encourage Texas Consumers to Consider Flood Insurance
May 8 2007 // Recent severe weather in Texas has prompted the Southwestern Insurance Information Service, an insurance trade group, to remind consumers that damage to their homes resulting from flooding is not covered by the standard...
State Auto Middle Market Entering Texas; Ladner Named VP
May 8 2007 // State Auto Insurance Companies announced that its State Auto Middle Market Insurance (SAMMI) unit is coming to Texas. Industry veteran Gerald F. Ladner will lead the group in the state as vice president of SAMMI’s...
People
May 7 2007 // Oklahoma City, Okla.-based BMSI Holdings, the holding company for BancInsure Inc., announced a number of promotions and appointments. Rodney N. Sargent was appointed president of BMSI Holdings and chief executive officer...
Texas’ March Enforcement Actions Lead to $188K in Fines, Restitutions
May 3 2007 // The Texas Department of Insurance announced enforcement actions that became final during March include nine license revocations, four license denials and fines and restitution totaling $188,826. Copies of Insurance...
Texas House Passes Measure to Raise Small Business Tax Exemption
May 3 2007 // The Texas House of Representatives passed House Bill 3928, the franchise tax correction bill, by Rep. Jim Keffer (Eastland), which increases the tax emption for small business in House Bill 3 passed during last...
Texas Agent Honored With Big ‘I’ Woodworth Award
Apr 30 2007 // Matt Berry of the William Gammon Agency in Austin, Texas, and former president of the Independent Insurance Agents of Texas, has received the Woodworth Memorial Award, the highest honor the Independent Insurance Agents...
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...
