Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
Texas Mutual Policyholders Cited for Excellence
Jan 16 2005 // Texas Mutual Insurance Company announced that three of its policyholders received Safety and Health Achievement Recognition Program (SHARP) awards from the Occupational Safety and Health Administration (OSHA). The SHARP...
Texas Workers’ Comp Bill Presented
Jan 14 2005 // Texas State Senator Todd Staples of Palestine has introduced Senate Bill 5, designed to overhaul the state’s workers’ compensation program. “In Texas, we spend far more to treat on-the-job injuries, but...
Houston Man Fined for Workers’ Comp Fraud Scam
Jan 12 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...
Texas AG Wins Refunds for Residents who Unknowingly Purchased Damaged Vehicles
Jan 11 2005 // Texas Attorney General Greg Abbott on Monday signed a settlement that ensures refunds totaling up to $10 million to Texans who unknowingly purchased vehicles that were previously damaged and deemed total losses by State...
Texas Senators to File Bill Banning Use of Credit Scores
Jan 11 2005 // Calling the practice discriminatory and unfair, Texas State Senator Rodney Ellis of Houston announced he and Senators Gonzalo Barrientos of Austin and Eliot Shapleigh of El Paso will file a bill that bans credit scoring as...
Industry Groups React to Texas State Senators’ Call to Ban Credit Scores
Jan 11 2005 // On Jan. 10, 2004, Texas State Senators Rodney Ellis of Houston, Gonzalo Barrientos of Austin and Eliot Shapleigh of El Paso announced their intent to file a bill in the legislative session that began Jan. 11 that would ban...
IIAT to Host Joe Vincent Management Seminar, Legislative Day Jan. 30-Feb. 1
Jan 6 2005 // The Independent Insurance Agents of Texas announced that more than 400 of the state’s top independent agency principals and managers will gather for IIAT’s 42nd Annual Joe Vincent Management Seminar and Big I...
