Latest Texas Headlines

All the headlines from our Texas Topic Page, ordered by recency.

Second Time Around, Emily Hits Northeastern Mexico

Jul 20 2005 // A Category 3 storm with 125 mph winds, Hurricane Emily blew into the Mexican state of Tamaulipas about 75 miles south of Brownsville early Wednesday morning, forcing residents along a wide swath of northeastern Mexico to...

Texas Capital Bank to Offer Premium Finance and Other Services to Insurance Agencies

Jul 20 2005 // Texas Capital Bank announced it has created a new line of business, BankDirect Capital Finance, to provide premium finance and other financial services to insurance agencies and their customers on a nationwide...

Success Stories Abound at ICT’s Mid Year Symposium

Jul 19 2005 // Speakers at the Insurance Council of Texas’ 2005 Mid Year Property and Casualty Symposium had good news to tell about both the property and casualty industry and the 2005 regular session of the Texas Legislature. The...

News Briefs

Jul 18 2005 // Arkansas P/C Claims Reports Hearing Scheduled The Arkansas Insurance Department will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and...

Business Moves

Jul 18 2005 // Hancock Bank, J. Everett Eaves Gulfport, Miss.-based Hancock Bank, announced the closing of its acquisition of one of New Orleans’ oldest property and casualty insurance agencies, J. Everett Eaves Inc....

An Insurer’s Right to Reimbursement: Frank’s Casing

Jul 18 2005 // Insurers have long sought the right of reimbursement in Texas and, in the right circumstances, the court’s opinion will provide a valuable tool. The most significant Texas insurance case this year is the Texas...

An Insurer’s Right to Reimbursement: Frank’s Casing

Jul 18 2005 // The most significant Texas insurance case this year is the Texas Supreme Court’s recent opinion in Excess Underwriters at Lloyds, et al v. Frank’s Casing Crew & Rental Tools, Inc., No. 02-0730 (Tex., May...

National Alliance Names Outstanding CSRs; Awards CIC, CISR Scholarships

Jul 18 2005 // The National Alliance for Insurance Education & Research, headquartered in Austin, Texas, started out the summer of 2005 with a bang–handing out a basketful of honors and awards. In late June the insurance and...

People & Places

Jul 18 2005 // Luke Nolan Luke J. Nolan Jr., director of Aon Construction Services Group, was elected president of the Dallas/Fort Worth chapter of the Construction Financial Management Association (CFMA). His election marks the first...

Workers’ Comp for Subcontractors

Jul 18 2005 // Nuts & Bolts: Texas Construction Trust has a workers’ compensation self-insurance trust for subcontractors throughout Texas. This trust allows members to own the workers’ comp insurance program and govern...

National Alliance Names Outstanding CSRs; Awards CIC, CISR Scholarships

Jul 18 2005 // The National Alliance for Insurance Education & Research, headquartered in Austin, Texas, started out the summer of 2005 with a bang-handing out a basketful of honors and awards. In late June the insurance and risk...

Hurricane Emily on the Prowl in Yucatan; Texas Coast Prepares for Storm This Week

Jul 17 2005 // The season’s second major hurricane set its sights on Mexico’s Yucatan Peninsula and the tourist haven of Cancun on Sunday, with the Category 4 storm possibly visiting the Texas Gulf Coast later this...

Insurers Advise Texas Gulf Residents to Prep for Hurricanes as Season Unfolds

Jul 15 2005 // Residents along the Gulf Coast of Texas can learn a lot from the experiences of those people in Florida who were victims of multiple hurricanes last year, according Sandra Ray, public affairs director of Southwestern...

Drawert Honored with ICT’s Raymond Mauk Award

Jul 15 2005 // Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award on July 14, at the Insurance Council of Texas’ 13th Annual Mid-Year Property and...

TDI Requests Feedback on Implementation of Financial Responsibilty Bill

Jul 13 2005 // The Texas Department of Insurance has issued a request for information regarding the implementation of Senate Bill 1670, as enacted by the 79th Texas Legislature, Regular Session. SB 1670 calls for the establishment of a...

Meeting on Texas Workers’ Comp Networks Available on Web; TDI Accepting Comments Through July 20

Jul 12 2005 // The Texas Department of Insurance is currently analyzing HB 7 and drafting language for rules for workers’ compensation networks. In order to obtain input from as many stakeholders as possible, a meeting will be held...

TxOGA Earns $1.3 Million Texas Mutual Dividend

Jul 12 2005 // Texas Mutual Insurance Company announced a purchasing group dividend to the Texas Oil and Gas Association (TxOGA) totaling $1,355,509. Group dividends are separate from the $50 million in dividends that Texas Mutual...

IRC Study Reports Auto Injury Medical Treatment Varies from State to State

Jul 11 2005 // Auto injury claimants from four states seek different types of medical treatment, even though they report similar injuries. A new study of insurance claims by the Insurance Research Council (IRC) examined auto injury...

Davis, Milnor and Wood Gain Election to IIAT Board of Directors

Jul 7 2005 // The Independent Insurance Agents of Texas elected three new members to the association’s board of directors during the recent 108th Conference & Trade Show in Austin. Steve Davis of GBS Insurance in Bellaire;...

Montlake Holdings, Texas Alliance of Energy Producers Form Self-Insured Group for Workers’ Comp

Jul 7 2005 // The Texas Alliance of Energy Producers and Montlake Holdings announced they have established a self-insured group for workers’ compensation insurance, the only one of its kind in Texas for business owners in the oil...