Latest Texas Headlines

PWIB Texas Adds Huffman, McCall

Apr 27 2006 // Beckie Huffman and Andrea McCall have joined Dallas-based insurance wholesale firm PWIB Texas, according to Robin Stough, PWIB president and chief executive officer. Huffman, associate underwriter, has 16 years’...

Texas Agent Group Announces Support for Governor’s Tax Plan

Apr 27 2006 // The Independent Insurance Agents of Texas, representing nearly 1,800 independent insurance agencies statewide, announced it has endorsed the Perry-Sharp tax relief and school finance plan. Tax reform and school financing...

Trade Group Says Many Texas Homeowners are Underinsured

Apr 27 2006 // Reliable estimates reveal that between 50 to 70 percent homeowners do not have enough insurance to rebuild their homes in the event it is completely destroyed, according to a Texas-based insurance industry trade...

Tucker Joins Houston’s Tryton as Associate Director, Marketing

Apr 26 2006 // Tryton Insurance Group LLC, based in Houston, Texas, announced the addition of Becki Tucker as associate director of marketing. In this position, Tucker’s responsibilities include the promotion of Tryton to...

Insured Losses to Top $100 Million in Texas Hail Storm

Apr 26 2006 // The hailstorm that struck Central Texas on April 21 is expected to exceed $100 million in insured losses, according to the Insurance Council of Texas. Baseball-size hail pounded the city of San Marcos smashing vehicles at...

McQueary Henry Bowles Troy LLP Adds Benefits Consultant in Austin

Apr 26 2006 // Insurance and risk management firm McQueary Henry Bowles Troy LLP (MHBT), announced the appointment of Trey Halbert as a consultant in the employee benefits group in the company’s Austin office. “We are pleased...

SIIS Unveils Program for Annual Conference

Apr 26 2006 // Southwestern Insurance Information Service announced the program for its 53rd Annual Educational Conference, June 27-28, 2006, at the Crown Plaza Hotel in Dallas, Texas. “We have arranged an outstanding array of...

Republic Launches HO- 3 Homeowners Product in Texas

Apr 24 2006 // The Republic Group, based in Dallas, has introduced a new Homeowners Form 3 product for Texas homeowners. “We are pleased to announce the introduction of our HO-3 product”, stated Parker Rush, Republic’s...

Merck Says It Will Appeal $32 Million Texas Vioxx Case

Apr 23 2006 // A Texas state jury found Merck & Co. liable for the death of a 71-year-old man who had a fatal heart attack within a month of taking its since-withdrawn painkiller Vioxx and ordered the company to pay $32 million...

Allstate Objects to Texas Ruling It Overcharges Homeowners 10%

Apr 20 2006 // Two judges have ruled that Allstate Insurance charges excessive rates for homeowners insurance and should reduce them. State insurance regulators want the company to reduce its homeowners rates by 10 percent and refund its...

New Markets

Apr 17 2006 // Excess Auto Liability Nuts & Bolts: Freberg Environmental, Inc. has announced an excess automobile liability program. The program is designed to provide excess limits over FEI’s hazardous material and hazardous...

Apr 17 2006 // People Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance...

The language gives rise to a chicken or egg conundrum: Must the ensuing loss follow the mold, or is mold covered if it e

Apr 17 2006 // The debate over ‘ensuing loss’ continues Mold ‘crisis’ put spotlight on policy language Despite all the recent changes in policy forms, a number of claims still exist under policies using...

Business Moves

Apr 17 2006 // Republic, American Vehicle Dallas-based Republic Companies Group Inc. announced an agreement in principal with American Vehicle Insurance Company, a wholly-owned subsidiary of 21st Century Holding Company, an insurance...

Debra Bowers

Apr 17 2006 // People Conroe, Texas-based managing general agency and wholesale insurance broker Surplus Inc. announced key promotions within its management team. Debra Bowers was promoted to executive vice president. Bowers has 25 years...

TSLA’s Patterson: After 25 years, retirement is not an option

Apr 17 2006 // During April 2006, Jean Patterson, executive director of the Texas Surplus Lines Association, celebrates her 25th year with the organization. With this being the association’s 50th anniversary, Patterson can rightly...

News Currents

Apr 17 2006 // Tort reform remains an issue in South Central states Despite having passed tort reforms in 2003, Texas has one of the worst legal climates in the country according to a study released by the U.S. Chamber Institute for...

New Markets

Apr 17 2006 // New Markets Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. has announced an excess automobile liability program. The program is designed to provide excess limits more than FEI’s hazardous...

Professional Football Player Indicted in Texas for Workers’ Comp Fraud

Apr 14 2006 // Texas Mutual Insurance Company reported that the Lubbock County grand jury indicted Shaheed Richardson on workers’ compensation fraud-related charges. Richardson allegedly collected $1,534 in workers’...

Work Comp Groups Select Texas Mutual’s Health Care Network Option

Apr 14 2006 // Dallas-based Hotchkiss Insurance Agency Inc. (HIA) announced that Texas Home Builders (THB) Workers’ Compensation Purchasing Group and Texas Green Industry (TGI) Workers’ Compensation Purchasing Group members...