Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Advocate, MD Insurance of the Southwest Enters Texas Malpractice Insurance Market
Sep 8 2004 // Announcing its entrance into the Texas malpractice insurance market, Advocate, MD Insurance of the Southwest said its improved coverage options and excellent rates are proof that tort reform efforts ushered in last year...
Sandlin Named New Practice Leader at Summit Global
Sep 6 2004 // Insurance brokerage and consulting firm Summit Global Partners of Texas Inc. announced the selection of Diane N. Sandlin as property and casualty practice leader of its Austin and Houston offices. Sandlin will manage...
TWCC OKAYS NINE SELF-INSURE COAs:
Sep 6 2004 // The Texas Workers’ Compensation Commission recently approved the reapplication for Certificates of Authority to Self-Insure for a one-year period by nine private employers. Texas law allows certain large, private...
ALLSTATE TO PAY $60M IN REFUNDS:
Sep 6 2004 // Allstate Texas Lloyds, an affiliate of the Allstate Corporation will issue refunds of 8.75 percent of the premium paid by its Texas home insurance customers for policies with effective dates from Sept. 7, 2003 through...
Proponents Laud Success of Medical Liability Reforms
Sep 6 2004 // It’s been a year since the voters of Texas passed Proposition 12, which ushered in reforms designed to lower the cost of medical liability insurance for doctors and health care institutions, and its supporters are...
The Debate Over Punitive Damages Continues!
Sep 6 2004 // Some things never change. Just last August in this column I wrote about important developments in the decade-long Texas debate over the insurability of punitive damages in, “Punishing Who? The Debate Over Insuring...
Texas Jury Awards $24.7 Million in Drunk Driving Case
Sep 6 2004 // Texas South Central • Aug. 13, 2004 “How about making the charge to get an MVR (Motor Vehicle Record) reasonable instead of making it a huge profit item for the states? If it only cost $1 to run one instead of $5...
Texas Jury Awards $24.7 Million in Drunk Driving Case
Sep 6 2004 // Texas/South Central • Aug. 13, 2004 “How about making the charge to get an MVR (Motor Vehicle Record) reasonable instead of making it a huge profit item for the states? If it only cost $1 to run one instead of $5...
People and Places
Sep 6 2004 // Margie Bishop Vista Insurance Partners, based in San Antonio, appointed Margie Bishop as senior broker/underwriter. Bishop will work with current and new Vista agents to develop new business and retain existing accounts...
Brownsville, Texas Man Pleads Guilty to Comp Fraud
Sep 2 2004 // Texas Mutual Insurance Company reported that Jaime Cano of Brownsville, Texas, pleaded guilty to workers’ compensation fraud-related charges. A Travis County judge sentenced Cano to six months of deferred...
Texas Insurance Industry Could Face Cash Crunch if Major Hurricane Hit
Sep 1 2004 // The Texas insurance industry could find itself in a cash crunch if a storm like Hurricane Charley hit the coast, and insurers could be forced to pass on the costs to homeowners across the state, industry officials...
TWCC: New Weekly Benefit Rates for Workers’ Comp
Aug 31 2004 // The Texas Workers’ Compensation Commission announced it has provided the Texas Department of Insurance Commissioner with new average weekly wage rates effective Sept. 1, 2004. Under Section 408.047 of the Texas Labor...
Insurers to Coastal Residents in Texas: Be Prepared
Aug 30 2004 // Residents along the Gulf Coast of Texas can learn a lot from the experiences of those people in Florida who were victims of Hurricane Charley, according to Jerry Johns, president of Southwestern Insurance Information...
CompGroup AGC Earns Texas Mutual Dividends
Aug 25 2004 // Texas Mutual Insurance Company announced it has awarded the CompGroup AGC workers’ compensation purchasing group with $1,430,035 of group dividends. Texas Mutual President Russ Oliver attended the dividend...
PCI Shares Montemayor’s Optimism About Texas Homeowners Market
Aug 25 2004 // National insurance trade association Property Casualty Insurers Association of America (PCI) reported that Texas Insurance Commissioner Jose Montemayor told the House Insurance Committee that the reforms implemented...
THA: Texas Hospitals See Benefits of Liability Reform
Aug 24 2004 // The Texas Hospital Association (THA) reported that nearly a year after the passage of sweeping medical liability reform, Texas hospitals are seeing a significant drop in their liability costs and using the savings to...
ICT Symposium Focused on Regulation, State of the Market and More
Aug 23 2004 // Attendees at the 12th Annual Mid-Year Property and Casualty Symposium presented in July by the Insurance Council of Texas and the Association of Fire and Casualty Companies in Texas (AFACT) were treated to a series of...
HOUSTON MAN INDICTED:
Aug 23 2004 // Texas Mutual Insurance Company reported that Travis County’s 147th District Court grand jury indicted Henry Prince of Houston for workers’ compensation fraud-related charges. The insurer said Prince allegedly...
The Denial is in the Details: Description of the Premises Defines Coverage
Aug 23 2004 // Commercial property issues lead to surprisingly few reported opinions. While they may not result in opinions, many disputes arise over policy interpretation, stemming from the description of the insured premises. Under the...
Homeowners in Hurricane Paths Hit with High Insurance Costs
Aug 23 2004 // Retired police officers Ed and Nancy McCue are thinking about leaving their dream home near the shores of Biscayne Bay because it’s in a prime area for hurricanes. It’s not the storm threat itself that’s...
