Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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,...
TWCC Sets Discount Rate and Interest Rate
Mar 30 2005 // The Texas Workers’ Compensation Commission reported it has determined, pursuant to the authority and direction given under the Texas Workers’ Compensation Act (Texas Labor Code, Section 401.023), that any...
Damage from Central Texas Storm Nearing $100 Million
Mar 30 2005 // Two Texas-based insurance industry trade associations released preliminary estimations of the cost of damages from the strong hailstorm that hit Central Texas on Friday, March 24. According to the Southwestern Insurance...
Walenta Named to Texas Risk Management Board
Mar 29 2005 // Texas Gov. Rick Perry recently named Ronald J. Walenta, of Dallas, to a six-year term on the Board of Directors of the Texas State Office of Risk Management. Walenta has been involved in risk management consulting, claims...
Richardson Named Texas Regional VP for Hanover
Mar 28 2005 // The Citizens and Hanover Insurance Companies announced that Debra Richardson has been named regional vice president of The Hanover Insurance Company’s Texas region. In this capacity, Richardson will be responsible...
