Latest Texas Headlines

Hallmark Files for Public Offering; Elects New CEO

Aug 9 2006 // Hallmark Financial Services Inc., an insurance holding company based in Fort Worth, Texas, announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed...

Kemper Auto and Home Aims to Relieve Texas Select Policyholders

Aug 8 2006 // Kemper Auto and Home announced that it is participating in the effort to help policyholders of Texas Select Lloyds Insurance Company make the adjustment away from the recently liquidated insurer to a new insurer. The...

Texas Mutual Announces Manufacturers Purchasing Group

Aug 8 2006 // Texas Mutual Insurance Company announced its newest workers’ compensation purchasing group: Texas Association of Manufacturers (TAM). The group provides qualifying members with a competitive option for workers’...

People and Places

Aug 7 2006 // Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of MHBT’s...

Get your motor runnin’ — not stolen

Aug 7 2006 // Most motorcycles taken in California, Texas comes in third; Arkansas, Oklahoma and Louisiana in the middle of the pack for thefts California topped the nation in motorcycle thefts in 2005, according to the National...

Langford receives ICT’s Raymond Mauk Award

Aug 7 2006 // James Langford, an assistant vice president at the Texas Farm Bureau Insurance Companies, received the Raymond Mauk Leadership Award July 13, at the 14th Annual Mid-Year Property and Casualty Symposium. Langford becomes...

Companies step up to take Texas Select policyholders

Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...

Texas denies State Farm rate hike

Aug 7 2006 // Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer. State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent...

Vesta liquidation by Texas felt from Florida to Mass.

Aug 7 2006 // Some 70,000 Florida, 150,000 Texas, 5,200 Massachusetts and 11,000 New Jersey policyholders are among those affected by the liquidation of Vesta Fire Insurance Co. and its subsidiaries. Texas regulators placed the company...

Hawaii obtains reinsurance to take control of Vesta subsidiary

Aug 7 2006 // Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously...

Get your motor runnin’ – not stolen

Aug 7 2006 // California topped the nation in motorcycle thefts in 2005, according to the National Insurance Crime Bureau, but Texas had the dubious honor of coming in third place, with Florida falling in between the two as the state...

Langford receives ICT’s Raymond Mauk Award

Aug 7 2006 // James Langford, an assistant vice president at the Texas Farm Bureau Insurance Companies, received the Raymond Mauk Leadership Award July 13, at the 14th Annual Mid-Year Property and Casualty Symposium. Langford becomes...

News Currents

Aug 7 2006 // Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the...

Aug 7 2006 // People Dallas-based McQueary Henry Bowles Troy LLP named Kyle Moss a partner in the firm. Moss, previously employee benefits director in MHBT’s Dallas office, is responsible for the production and servicing of...

Texas denies State Farm rate hike

Aug 7 2006 // Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer. State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent...

Hawaii obtains reinsurance to take control of Vesta subsidiary

Aug 7 2006 // News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as...

Growth in retail shopping centers a boon for insurance brokers

Aug 7 2006 // When the going gets tough, the tough go … shopping! Judging by the 18 percent increase in the development of retail shopping centers in the United States in 2005 over 2004, that tongue-in-cheek adage has more than a...

GeoVera Offers Homeowners Coverage to Texas Select Policyholders

Aug 4 2006 // Fairfield, Calif.-based GeoVera Holdings Inc., which entered the Texas homeowners market in April 2006, announced they are actively working with Texas producers to secure replacement coverage for policyholders insured with...

Texas AG Warns West Texans About Scams After Flooding

Aug 3 2006 // Texas Attorney General Greg Abbott warned El Pasoans and other West Texas communities to be wary of fly-by-night contractors and other scam artists who might try to take advantage of homeowners and other consumers during...

Texas Workers’ Comp Conference to Focus on Reform Legislation

Aug 2 2006 // The Insurance Council of Texas (ICT) will host its 2006 Workers’ Compensation Conference in Austin on Sept. 20 at the Hyatt Regency. Workers’ Compensation Commissioner Albert Betts will be the conference...