Latest Texas Headlines

USI Holdings Acquires Texas’ Frank Siddons Insurance

Jul 12 2006 // USI Holdings Corporation, based in Briarcliff Manor, N.Y., announced the acquisition of Austin, Texas-based Frank Siddons Insurance. The acquisition of this surety and commercial lines broker is expected to contribute...

IIAT Publishes Texas Agency Catastrophe Planning Guide

Jul 12 2006 // After 15 years of quiet, the Texas Gulf Coast woke up last year to the possibility of a windstorm so severe that it could devastate coastal property for years, affect the economy of the entire state, and strain the ability...

Texas Workers’ Comp Rulebook Supplement Available Online

Jul 12 2006 // Rulebook Supplement 2006-03 containing a rule adopted by the Texas Commissioner of Workers’ Compensation is available online from the Texas Department of Insurance (TDI), Division of Workers’ Compensation, the...

Klimek Promoted to Branch Manager at WSS’ Texas Office

Jul 10 2006 // Kyle Stevens, executive vice president of Western Security Surplus, announced that Ron Klimek has been promoted to branch manager of the Dallas office. Stevens explained, “While my role continues to expand, it was...

Survey Shows Texans 50% Ready for Major Hurricane

Jul 7 2006 // Insured homeowners in Eastern and Southern Coastal Texas have, on average, taken roughly 50 percent of the steps to prepare their homes and property to recover from a major hurricane, according to a new Hurricane Readiness...

Texas P/C Symposium to Feature Former La. Commissioner

Jul 7 2006 // Former Louisiana Insurance Commissioner John Wooley will be the luncheon speaker at the 14th annual Mid-Year Property & Casualty Insurance Symposium in Austin, Texas, on July 13. Wooley served as commissioner during...

TWIA Reminds Agents of Binding Procedures, Sept. 1 Rate Increases

Jul 7 2006 // The Texas Windstorm Insurance Association posted a bulletin on its Web site to assist agents with its coverage binding procedures in the event a hurricane threatens the Texas coast. TWIA said no new or additional coverages...

Texas Mutual Pays $220K Dividend to Social Services Agencies of Texas

Jul 6 2006 // Texas Mutual Insurance Company announced a $220,430 dividend for the Social Services Agencies of Texas (SSA) purchasing group. The group dividend is separate from the approximately $100 million in individual dividends that...

Texas AG Shuts Down Unlawful El Paso Air Conditioning Business

Jul 6 2006 // Texas Attorney General Greg Abbott has obtained a temporary restraining order against the owner of an El Paso, Texas, air conditioning business whose faulty installation of residential air conditioning units without a...

Texas Places Vesta Fire Insurance Corp. and Affiliates Into Rehabilitation

Jul 5 2006 // The Texas Department of Insurance (TDI) filed for and obtained an Agreed Order of Rehabilitation and Permanent Injunction from the 126th Judicial Court in Travis County on June 28, 2006, placing Vesta Fire Insurance...

The Logistics Trust of Texas Now Open for Business

Jul 5 2006 // The Logistics Trust of Texas, a workers’ compensation self-insurance group administered by First Cardinal of Texas Ltd, has received approval from the Texas Department of Insurance to begin offering coverage, First...

Jul 3 2006 // People Dallas-based Colemont Insurance Brokers – Texas announced the promotions of Su Young to assistant vice president and Amy Rosso-Leiker to the position of broker. Young joined Colemont in 2001 as a financial...

Chevron to help prevent tobacco sales to minors

Jul 3 2006 // Under an agreement signed with the state of Texas, 27 other states and the District of Columbia, Chevron Products Co. will take a leading role in preventing the sale of tobacco to minors, according to the Texas Attorney...

Business Moves

Jul 3 2006 // Homeowners of America Insurance Co. A new property and casualty insurer, Homeowners of America Insurance Com-pany, announced it has opened for business in Irving, Texas. Homeowners specializes in protecting residential...

New officers, award presentations among highlights of IIAT conference

Jul 3 2006 // Robert W. Hempkins, founding principal of Hempkins Insurance, Denison, was sworn in as president for 2006-2007 of the Independent Insurance Agents of Texas at the association’s 109th Annual Conference and Trade Show,...

Texas Windstorm Building Code Advisory Committee Meets July 12

Jun 30 2006 // The Texas Department of Insurance announced that the Windstorm Building Code Advisory Committee on Specifications and Maintenance will hold a meeting of the advisory committee on July 12, 2006, at 1:00 p.m. in Room 102 of...

Texas Enforcement Actions in May Result in More than $224K in Fines

Jun 30 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during May. The actions include eight license revocations and fines and restitution totaling...

Texas Department of Insruance Announces April Enforcement Actions

Jun 28 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during April. The actions include four license revocations, three license denials and fines and...

TSLA Supports Surplus Lines Reform; Urges Members to Act

Jun 27 2006 // The Texas Surplus Lines Association announced their support of House Bill 5637, a new federal bill to reform surplus lines regulation. The bill, sponsored by Ginny Brown-Waite, R-Fla. and Dennis Moore D-Kan., and...

Hearing on Texas Medical Dispute Resolution Rules Planned for July 26

Jun 27 2006 // The Texas Department of Insurance (TDI), Division of Workers’ Compensation will hold a public hearing on July 26, 2006, in the Tippy Foster Room of the Division’s Central Office located at 7551 Metro Center...