Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
ICT Reminder Details New Laws Taking Effect in January
Dec 23 2003 // The Insurance Council of Texas issued a reminder that new insurance legislation affecting the use of credit scores, water damage claims and the regulation of public adjusters is being put into place in Texas in 2004. The...
Texas Mutual Expands Scholarship, Assistance Programs
Dec 19 2003 // Texas Mutual Insurance Company announced that it is increasing its scholarship assistance program. The program will pay up to $4,000 for tuition and fees and up to $500 for course-related books and supplies, per semester...
ACE Risk Management’s WC Unit Enters Texas Non-Subscriber Market
Dec 18 2003 // ACE Risk Management (ARM), a division of ACE USA, announced the launch of a new product for Texas employers who have opted not to provide workers’ compensation insurance to their employees under the state...
Workers’ Comp Rises on Texas’ Legislative Horizon
Dec 16 2003 // Texas Lt. Governor David Dewhurst announced the formation of the Senate Select Committee on Workers’ Compensation to work on solutions to what he called a developing crisis in workers’ comp. Senator Todd...
TSLA, IIAT Gear Up for Joint Initiative
Dec 15 2003 // At the Texas Surplus Lines Association 2003 Annual Meeting held in Austin Nov. 16 and 17, Jim Berger, president of the Independent Insurance Agents of Texas announced that the two groups are working together on an...
Terrorism: The Issue of the Moment at Dallas All Industry Day
Dec 15 2003 // “Dirty bomb” was the phrase of the day at the All Industry Day held Nov. 25 in Dallas—perhaps not so surprising, given the fact the conference was titled, “Confronting Terrorism, Not If But...
Next Year’s Issue’ The Resolution of Last Year’s Problem: Use of Staff Counsel
Dec 15 2003 // At year end it is a common practice for many insurance attorneys to peek at the likely new issues for the forthcoming year. Not surprisingly, most of the really big issues that arise in any given year are not the ones that...
ALLSTATE TO REFUND $3.44M:
Dec 15 2003 // According to the Texas Attorney General’s Office, Allstate and its affiliated insurance companies agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders who...
NO HIKE FOR TEXAS PROVIDER:
Dec 15 2003 // Texas Insurance Commissioner José Montemayor rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Associ-ation, also known as the Joint Underwriting Association (JUA). According to the Texas...
Surplus Inc. Relocates Headquarters
Dec 11 2003 // Texas-based certified managing general agency, Surplus Inc., announced it has moved its headquarters from The Woodlands to nearby Conroe. The company said the relocation was necessitated by its substantial...
ICT Awards Scholarships to UNT Students
Dec 10 2003 // The Insurance Council of Texas (ICT) announced it awarded five University of North Texas students $500 scholarships for their good grades and interest in insurance-related studies. The insurance trade association said this...
IBHS Congress Hears of Impact from Disasters, Mold, Recent Hard Market
Dec 9 2003 // Disasters, both natural and man-made, as well as mold, construction defect and a recent hard market have impacted the U.S. economy and the insurance industry as a whole, according to a leading property/casualty...
SIIS Schedules January/February CE Training Seminars
Dec 4 2003 // Southwestern Insurance Information Service (SIIS) announced it will hold two continuing education training seminars in Houston and Dallas on the Texas FAIR Plan and the Texas Windstorm Insurance Association. “The...
Allstate to Refund $3.44 Million to Texas Auto Policyholders
Dec 4 2003 // The Texas Attorney General’s Office announced that Allstate and its affiliated insurance companies have agreed to a settlement that will result in refunds of $3.44 million to more than 23,000 Texas auto policyholders...
Motor Vehicle Service Agreement Entities Told to Cease Operations in Fla.
Dec 3 2003 // Two entities that were reportedly engaged in the motor vehicle service agreement business have been ordered to immediately cease operations, in Florida, and a licensed agent has been ordered to cease business related to...
Aon Study Reports Homeowners ROE Still Improving but at Slower Rate
Dec 1 2003 // Aon recently announced the results of Aon Re Worldwide’s follow-up study of return on capital in the U.S. homeowners insurance marketplace. According to the company, the study reveals further improvement in expected...
Aon Study Reports Homeowners ROE Still Improving but at Slower Rate
Dec 1 2003 // Aon recently announced the results of Aon Re Worldwide’s second follow-up study of return on capital in the U.S. homeowners insurance marketplace. The results of the study reportedly reveal further improvement in...
9 Programs That May Just Fit the Bill
Dec 1 2003 // The December 2002 Insurance Journal “program directory” issue highlighted eight programs that the editorial staff considered to be unique, interesting or tough to find. This year we’ve added one more to...
DOUBLE-DIPPING IN DALLAS:
Dec 1 2003 // Texas Mutual Insurance Company reported that Ruben Perez of Dallas pleaded guilty to workers’ compensation fraud-related charges and received a two-year deferred adjudication sentence. The court ordered him pay...
TDI Adopts ‘Tough’ Credit Score Rules
Dec 1 2003 // The Texas Department of Insurance recently adopted initial rules regarding the use of credit scoring by insurers in Texas. And the department believes the rules, along with the statutory provisions in Senate Bill 14, are...