Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Losses from April Hailstorms in Central Texas Reach $160M
Jun 2 2006 // The hailstorms that pounded central Texas in April were costly, according to the Insurance Council of Texas. The final tally for insured losses from storms on April 20 and 21 reached $160 million. The city of San Marcos...
Texas Watch Launches Insurer Accountability Network
Jun 1 2006 // On May 31, the eve of the 2006 hurricane season, Texas Watch, a non-profit consumer advocacy organization active on insurance issues, announced the launch of its Hurricane Insurance Company Accountability Network (ICAN) in...
TIP/PIA Names Hawkeye Insurance ‘Company of the Year’
Jun 1 2006 // At its annual convention, held May 25-29, 2006 aboard the Carnival Cruise Lines “M. S. Ecstasy” the Texas Insurance Professionals / PIA Texas, voted Hawkeye Insurance Services Inc. as their “Company of...
Texas Mutual to Pay $100M in Dividends
Jun 1 2006 // Approximately 34,000 Texas employers will receive a share of approximately $100 million in dividends from Texas Mutual Insurance Company. This marks the largest dividend payout in the company’s history. The Texas...
Texans Urged to Conduct Home Inventory at Start of Hurricane Season
May 31 2006 // Recognizing the June 1 start of hurricane season, the Texas Department of Insurance issued a reminder to homeowners and renters in Texas to conduct a home inventory of their personal possessions. “After a devastating...
Texas Windstorm Association to Increase Rates
May 30 2006 // Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1...
Report Ranks S.D. Drivers as Safest; Phoenix Drivers Safest in Big Cities
May 24 2006 // Residents of Sioux Falls, S.D., are the safest drivers in the United States, according to the second-annual “Allstate America’s Best Drivers Report.” The largest city in South Dakota moves up from the...
San Antonio Insurance Professional John Lary Kephart Dies at 86
May 23 2006 // Long time insurance professional John Lary Kephart, age 86, passed away May 9, 2006, at his home in San Antonio, Texas, surrounded by his loving family. He was born in Amorita, Okla., on March 30, 1920, to the late John...
Tax reform, no catastrophe relief
May 22 2006 // The Texas Legislature concluded its recent special session by passing school finance and property tax reform–finally. After two regular sessions and four special sessions, Texas lawmakers were able to set aside their...
People and Places
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
Business Moves
May 22 2006 // Pierson & Fendley, CAA Combined Agents of America LLC, Austin, announced that Pierson & Fendley Insurance Agency LLC of Paris, Texas, joined CAA as the group’s 34th member. Pierson & Fendley has served...
News Currents
May 22 2006 // Study: Tort reforms reduce med-mal premiums Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted by Stanford University Professor Daniel P....
People
May 22 2006 // Texas Mutual Insurance Company appointed Larry Wagner as its new vice president of underwriting. Wagner will serve as chief underwriting officer and will oversee loss prevention efforts. Wagner has 30 years of underwriting...
Editor’s Note: Tax reform, no catastrophe relief
May 22 2006 // The Texas Legislature concluded its recent special session by passing school finance and property tax reform—finally. After two regular sessions and four special sessions, Texas lawmakers were able to set aside their...
Study: Tort reforms reduce med-mal premiums
May 22 2006 // Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted by Stanford University Professor Daniel P. Kessler, JD, PhD, who also serves as a...
Allstate Dropping Windstorm Coverage in Texas Coastal Areas
May 22 2006 // In a move it says will “help protect its ability to meet future customer needs throughout Texas while maintaining a strong presence along the Texas coast,” Allstate Texas Llloyds announced it will phase out...
Nine Companies Approved to Self-Insure for Workers’ Comp in Texas
May 19 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 nine private employers. Texas law allows...
Sutherland Joins Higginbotham in its Denton Office
May 18 2006 // Fort Worth-based Higginbotham & Associates announced the addition of seasoned employee benefits broker Brian Sutherland to its Denton, Texas, office. Higginbotham acquired the Denton agency when it merged with the...
Texas Best, Vermont Worst Tort Climate for Jobs, Capital Investment, Claims New Study
May 16 2006 // In the competition for jobs and capital investment among the states, those states that suffer from high tort costs will continue to lose jobs and businesses to states with superior tort systems, according to a new report...
Zenith Insurance Adds Ladner as Regional VP in Texas
May 16 2006 // Workers’ compensation specialty company Zenith Insurance announced that Gerald Ladner has joined the company as regional vice president in its Zenith Austin unit. Ladner joins Zenith from Zurich North America with...
