Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Genworth Financial Focusing on Hispanics in South Texas
Mar 6 2006 // Genworth Financial Inc. announced it is launching a comprehensive campaign for the Hispanic communities in Corpus Christi and Rio Grande Valley designed to increase awareness about the importance of having a financial...
ICT: $1.5B Paid on Hurricane Rita Claims in Texas
Mar 6 2006 // The Insurance Council of Texas reported that insurance companies have settled 90 percent of property claims in Texas that were the result of the devastation caused by Hurricane Rita that struck in late September...
Insurance Trade Group Sees Storm Brewing in Texas
Mar 6 2006 // Hurricane season is just a few short months away and the head of a Texas-based insurance trade group already sees some dark clouds on the horizon. “The Texas Windstorm Insurance Association is considerably under...
TDI Orders Two Bond Companies to Cease and Desist
Mar 2 2006 // The Texas Department of Insurance announced it recently took action against two bonding companies operating in the Houston area. Both companies, International Fidelity & Surety Ltd. and Providential Surety Company...
Texas Windstorm Underwriting Workshops Planned for May/June
Mar 2 2006 // The Texas Windstorm Insurance Association announced it will hold “underwriting basics workshops” in various locations throughout the state. TWIA noted that these workshops will help new agents/agency personnel...
Texas Cities Ticketing Uninsured Drivers and Towing Vehicles
Mar 2 2006 // More than a dozen Texas cities have enacted ordinances allowing police officers to ticket uninsured motorists and tow their vehicles, the Insurance Council of Texas reported. The policy has begun to spread rapidly as city...
HRH Purchases Texas Employee Benefits Firm
Mar 2 2006 // Hilb Rogal & Hobbs Company has acquired the operating assets of The Welch Company, an employee benefits firm in Houston, Texas. Terms of the transaction were not disclosed. With 2005 revenues of approximately...
Texas Produce Association Group Earns $16K Dividend
Feb 27 2006 // Texas Mutual Insurance Company announced a $16,447 purchasing group dividend for the Texas Produce Association (TPA) purchasing group. The TPA group dividend is separate from the approximately $50 million in individual...
Legislators Considering Resolution Opposing Federal Preemption
Feb 24 2006 // A proposed resolution reiterating opposition to federal initiatives that would preempt state insurance regulation will be considered Friday afternoon by the National Conference of Insurance Legislators during its...
American National Declares Dividend
Feb 24 2006 // American National Insurance Company, headquartered in Galveston, Texas, announced that its Board of Directors declared a quarterly dividend of 75 cents per share on its common stock payable March 17, 2006, to shareholders...
Texas AG Warns of Bank Scam E-Mails
Feb 24 2006 // Texas Attorney General Greg Abbott released an urgent message for all Texans to be on the lookout for official-looking e-mails purporting to originate from major financial institutions asking for personal account...
Texas Auto Insurance Plan Names New General Manager
Feb 23 2006 // Cathleen C. Beavers has been named general manager of Texas Automobile Insurance Plan Association, according to TAIPA Chairman Brad Duelks. Previously, Beavers was residual market business advisor for USAA in San Antonio...
Texas Workers’ Comp Commissioner Approves 11 Firms to Self-Insure
Feb 23 2006 // Texas Commissioner of Workers’ Compensation Albert Betts recently approved the reapplications for Certificates of Authority to Self-Insure covering a one-year period for 11 private employers. Texas law allows certain...
Texas Return-To-Work Rules Now Available Online
Feb 23 2006 // Rulebook Supplement 2006-01 containing Return-to-Work rules adopted by the Commissioner of Workers’ Compensation on Feb. 2, 2006, is available online from the Texas Department of Insurance (TDI), Division of...
Farmers Unveils New Texas Family Home Policy
Feb 22 2006 // The Farmers Insurance Group of Companies reported the introduction of a new homeowner’s insurance policy, called “Texas Family Home Policy.” This new policy offers more coverage choices, new discounts,...
First Cardinal Forms The CompPAC Trust of Texas
Feb 22 2006 // First Cardinal of Texas Ltd. announced the merger of two of its largest workers’ compensation trusts into a single entity, CompPAC Trust of Texas, effective Jan.1, 2006. The CompPAC Trust of Texas combines the...
Texas Combined Agents Produce More Than $326M in 2005
Feb 21 2006 // Combined Agents of America, LLC (CAA), based in Austin, Texas, announced it achieved over $326 million in combined property and casualty premiums for 2005 when the board of members recently convened. The 33 member agencies...
The facts about credit information and insurance
Feb 20 2006 // The use of credit history, one of many underwriting tools, is not a new concept and one that has received strict scrutiny from insurance regulators and consumer advocates around the country. Some insurers have used...
THREE TEXAS AGENCIES MAKE ’50 BEST COMPANIES’ LIST
Feb 20 2006 // Three independent insurance agencies were among the “50 Best companies to work for in Texas” honored at a luncheon hosted by the Texas Assosiation of Business, Texas Monthly magazine and the Society for Human...
New Markets
Feb 20 2006 // Enhanced Partial Loss Settlement Nuts & Bolts: National Lloyds Insurance Company and American Summit Insurance Company have a new enhanced partial loss endorsement for the HO-8 homeowners form. It provides replacement...
