Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
The Attack on Credit Scoring and Other Risk-Based Insurance Pricing Tools
Apr 18 2005 // Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that...
Insurer Group Files Lawsuit Against Texas Workers’ Compensation Commission
Apr 15 2005 // The Insurance Council of Texas reported it filed a lawsuit against the Texas Workers’ Compensation Commission challenging the agency’s proposed assessment of costly administrative penalties. ICT questions why...
ICT Honors University Students with Scholarships
Apr 14 2005 // The Insurance Council of Texas announced it has awarded scholarships to 16 university students. The University of North Texas scholarship recipients were Jeffrey Ambrose, Lauren Heger, Tracey Mallard and Wayne Moore, Jr....
The Parker Group Buys Gallagher Benefit Administrators
Apr 14 2005 // Lubbock, Texas-based The Parker Group, a health care and benefits management holding company, announced it has closed on the acquisition of Gallagher Benefit Administrators Inc., a national third-party employee benefits...
McQueary Henry Bowles Troy Opens Austin Office
Apr 13 2005 // McQueary Henry Bowles Troy L.L.P (MHBT), one of the largest privately-owned, independent insurance brokerages in the nation, announced the opening of a new office in Austin, Texas. The new MHBT location will immediately be...
Medical Protective to Reduce Rates, Expand Offerings
Apr 10 2005 // The Medical Protective Company, a member of the GE Insurance Solutions group of companies, announced plans to reduce rates and expand insurance offerings in Texas. This action reflects the company’s recent internal...
Insurance and Bonds Inc. and Cadenhead Shreffler Insurance Announce Merger
Apr 6 2005 // Insurance and Bonds Inc. and Cadenhead Shreffler Insurance, two of Texas’ leading independent surety bonding and insurance agencies, recently announced that the companies have merged. The merger was finalized March 1...
Harris County Clinic Owner Pleads Guilty to Fraud
Apr 6 2005 // Texas Mutual Insurance Company reported that Eric Scheffey’s Harris County Bone and Joint Clinic Association pleaded guilty recently to fraud-related charges. The insurer said the guilty plea marks the end of a...
Report Suggests Texans Overpaying for Insurance
Apr 5 2005 // Insurance companies in Texas overcharged homeowners and drivers by $4 billion last year despite recent legislation designed to limit rising rates, according to a report released recently by two state consumer groups. The...
Regulators Look for a Clue
Apr 4 2005 // Was it Colonel ChoicePoint in the Conservatory With a Knife? When ChoicePoint Asset Co. finally disclosed Feb. 15 that criminals had gained access to the personal information of as many as 145,000 people in all 50 states,...
NCOIL Approves Producer Compensation Disclosure Model Act
Apr 4 2005 // The approval of a revised producer compensation disclosure model act and a resolution calling on commissioners to oppose the application of Sarbanes-Oxley financial reporting requirements on nonpublicly traded insurance...
People & Places
Apr 4 2005 // Jennifer Huddleston Home State Insurance Group Inc., based in Waco, Texas, announced the promotion of two executives. Michael Davis Jennifer D. Huddleston has assumed the position of president of Home State County Mutual...
South Central Homeowners Market Update
Apr 4 2005 // Judging from the homeowners insurance rate changes reported by the Arkansas Insurance Department for 2004, the highest increases were effective before August. The largest hike, 28.3 percent, was filed by Federal Insurance...
TDI February Enforcement Actions = $1.3 M in Fines and Restitution
Apr 4 2005 // The Texas Department of Insurance recently announced enforcement actions taken by Commissioner José Montemayor that became final during February. The actions include four license revocations, one license denial, and fines...
Texas Independent Agents Seek Fairness in Consumer Protection Statutes
Apr 4 2005 // Agents are treated unfairly by Texas statutes and the result is sky-rocketing errors and omissions insurance premiums, according to the Indepen-dent Insurance Agents of Texas. When rates in the E&O insurance program...
CE CREDITS APPROVED FOR SAFETY SUMMIT
Apr 4 2005 // The Texas Department of Insurance has approved continuing education credits for insurance adjusters for breakout sessions offered at the 9th Annual Safety and Health Conference on May 11-12 in Austin. Attendees at the...
RBH PLEADS GUILTY TO FRAUD CHARGES
Apr 4 2005 // Texas Mutual Insurance Company reported that RBH Enterprises Inc. of Keller, Texas, recently pleaded guilty to a first-degree felony offense for workers’ compensation insurance fraud-related charges. Judge Julie...
Insurers Warn of Scam Contractors in Wake of Central Texas Storms
Apr 1 2005 // People suffering damage to their homes and businesses a result of the storms that swept across Austin, Texas, over the Easter weekend were warned to be aware of unscrupulous contractors ready to take advantage of storm...
Texas House Passes Workers’ Comp Reform Bill
Apr 1 2005 // The Texas House of Representatives passed legislation, House Bill 7, designed to overhaul the workers’ compensation system by creating medical networks to help rein in the skyrocketing costs and get injured workers...
Non-Construction Laborers, Freight Movers Had Most Occupational Injuries, Illnesses in Texas in 2003
Mar 31 2005 // The Texas Workers’ Compensation Commission announced that non-construction laborers and freight, stock, and material movers recorded the largest number of occupational injuries and illnesses in Texas in 2003,...
