Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas AG Reaches Final Settlement with Insurers for Auto Repair Overcharges
Feb 4 2005 // Texas Attorney General Greg Abbott announced the last two in a five-year series of settlements with various insurance companies to give refunds to Texas policyholders who paid more out of pocket on claims for auto repairs...
Green Industry Group Passes $3 Million Mark
Feb 4 2005 // Texas Mutual Insurance Company reported that the Texas Green Industry (TGI) purchasing group has grown to 101 members with over $3,387,000 in written premium, making it one of the company’s fastest-growing purchasing...
North Carolina Senate Considering Bill to Cap Med-Mal Jury Awards
Feb 3 2005 // Despite the defeat of a similar bill two years ago in Raleigh, N.C., the Senate is again considering legislation to cap jury awards in medical malpractice lawsuits. Sen. Robert Pittenger, R-Mecklenburg, a cap proponent,...
TWCC to Hold Hearing on Proposed Rule Feb. 17
Feb 3 2005 // The Texas Workers’ Compensation Commission has scheduled a public hearing for Feb. 17, 2005. The Commission will take testimony on rule amendments that were proposed at the Jan. 20 public meeting. The proposed rules...
Texas Mutual Pays $45K Dividend
Feb 3 2005 // Workers’ compensation insurance provider, Texas Mutual Insurance Company, announced it returned a dividend of approximately $45,000 to the Texas School Group, a purchasing group. The group dividend is separate from...
Higginbotham & Associates Names Page as VP
Feb 2 2005 // Fort Worth, Texas-based Higginbotham & Associates announced it has named seasoned property and casualty insurance broker Curtis W. Page a vice president at its Austin office. Page joins Gregory Meserole and Matt...
Montemayor Sees No Basis for Credit Scoring Ban
Feb 2 2005 // Texas Insurance Commissioner José Montemayor recently delivered to Gov. Rick Perry and the Texas Legislature the final report on a credit scoring study conducted by the Texas Department of Insurance. In a letter...
AAA Insurance Affiliate Files 8.7% Auto Rate Reduction
Feb 1 2005 // AAA Texas County Mutual Insurance Company, the insurance affiliate for AAA Texas, has filed for an 8.7 percent average automobile insurance rate reduction effective today for new business and March 14 for renewing...
PCI: TDI Study Finds Use of Credit is Fair and Accurate
Feb 1 2005 // The Texas Department of Insurance (TDI) has delivered to the state legislature its final phase of its report on insurers’ use of credit information. According to the Property Casualty Insurers Association of America...
IIAT Denounces Consumer Compensation Study
Jan 28 2005 // The Independent Insurance Agents of Texas (IIAT) strongly denounced as inaccurate and misleading, the claims made against independent agents and brokers by the Consumer Federation of America (CFA), a Washington-based...
First Acceptance Corp. Acquires Texas Agency
Jan 26 2005 // First Acceptance Corporation, a provider of non-standard personal automobile insurance, announced it has acquired the assets of San Marcos, Texas-based HCS Claims Service Inc. dba Heritage Claims Services Inc., and LGNP...
TDI to Hold Hearing on Proposed Increases to Texas Windstorm Liability Limits
Jan 25 2005 // On Jan. 26, 2005, the Texas Department of Insurance will hold a public hearing on proposed additional increases to the limits of liability for certain Texas Windstorm Insurance Association windstorm and hail insurance...
Not if, but How’ Repairing the Texas Workers' Compensation System
Jan 24 2005 // The question of whether or not to revamp the current workers’ compensation system in Texas is pretty much of a no-brainer, since just about everyone involved thinks it’s broken. The question that remains is how...
People & Places
Jan 24 2005 // Alan McClain Alan McClain of Little Rock was appointed chief executive officer of the Arkansas Workers’ Compensation Commission. McClain was named to the post after former CEO Julie Benafield Bowman accepted...
Bordelon to Speak at Central Texas CPCU Meeting
Jan 24 2005 // The Central Texas chapter of the CPCU Society will hold its January luncheon meeting on Jan. 25 at the offices of Farmers Insurance, 2541 S. Interstate 35, Austin. Rod Bordelon, executive director of the Office of Public...
COMP FRAUD LEADS TO FINES:
Jan 24 2005 // Austin-based Texas Mutual Insurance Company reported that Henry Prince of Houston has pleaded guilty to workers’ compensation fraud-related charges and must pay restitution to the insurer. The Travis County 147th...
Arrowhead Expands Homeowners Offering in Texas
Jan 21 2005 // San Diego, Calif.-based Arrowhead General Insurance Agency Inc. announced the availability of a new homeowners product for Texas. The coverage is written by Balboa Lloyds Insurance Company, an admitted market rated...
Texas Appeals Court Reverses Farmers Settlement
Jan 21 2005 // Justice David Puryear with the 3rd District Court of Appeals in Austin, Texas, on Jan. 21 struck down a $117.5 million settlement Farmers Insurance Group reached with the state in 2002 over homeowners rates. Texas Attorney...
Sullivan Appointed President of Columbia Lloyds
Jan 18 2005 // James R. (Bob) Sullivan has been named the new president of Texas-based Columbia Lloyds Insurance Company effective Jan. 15, 2005, the company announced. A native of San Antonio, Texas, Sullivan has 23 years experience in...
TWCC Supports Inspector General Plan
Jan 17 2005 // Texas Gov. Rick Perry recently proposed the creation of a state Inspector General position that would monitor large state agencies—including the Texas Department of Insurance and the Texas Workers’ Compensation...