Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
ALL WORK, TOO MUCH PAY:
Nov 3 2003 // Texas Mutual Insurance Company reported that Raymond Hicks of Del Valle, Texas pleaded guilty to workers’ compensation fraud before the 147th Travis County District Court in Austin. He received a sentence that...
Old American Gets New Life Under SB 14
Nov 3 2003 // Since 1946, Dallas-based Old American County Mutual Fire Insurance Co. has stayed true to a simple business philosophy: Provide reasonably priced insurance on a reasonable payment schedule for difficult risks. Much has...
Alliance Urges Against Mo. Mold Cover Mandate
Oct 29 2003 // The Alliance of American Insurers has urged the Missouri Department of Insurance not to issue a proposed bulletin that would require insurers to provide coverage for mold damage in personal lines policies. “The...
Danger: Deer on the Road
Oct 28 2003 // The Insurance Council of Texas distributed a reminder that the next few weeks are one of the most dangerous times of the year for motor vehicle collisions involving deer. The highest number of auto accidents involving deer...
Austin Company Found Guilty of Fraud
Oct 27 2003 // Texas Mutual Insurance Company reported that Texas Home Exteriors Inc. of Austin pleaded guilty in the 331st Travis County District Court to a third-degree felony in a workers’ compensation fraud case. The company...
Texas Supreme Court Rules Against Diminished Value
Oct 24 2003 // In overturning a lower court ruling, the Texas Supreme Court has ruled that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. In the case of American...
Insurers Seek Balanced Approach to Texas Scoring, Territorial Rating Rules
Oct 24 2003 // At the recent Texas Department of Insurance (TDI) hearing on insurance scoring and territorial rating rules, insurers expressed their support for proposals they believe will ensure consumers are charged premiums that...
Kuprion-Thomas Appointed to Texas Mutual Board
Oct 24 2003 // Texas Mutual Insurance Company announced that Texas Governor Rick Perry has appointed Sandra Kuprion-Thomas to Texas Mutual’s Board of Directors. Kuprion-Thomas is a certified public accountant and the president of...
ICT Reminds Agents, Policyholders of FAIR Plan Limitations
Oct 23 2003 // The Texas FAIR (Fair Access to Insurance Requirements) Plan is on its way to insuring more than 100,000 homeowners before the end of the year, according to the Insurance Council of Texas (ICT), and on the Plan’s...
Texas Holds Hearings on Credit Scoring Today
Oct 22 2003 // The Texas Department of Insurance (TDI) is holding hearings today at its offices in Austin on proposed rules to further regulate the use of credit-based insurance scores. The wide-ranging insurance reform bill SB 14,...
Central Texas Man Pleads Guilty to WC Fraud
Oct 20 2003 // Texas Mutual Insurance Company reported that Raymond Hicks of Del Valle, Texas has pleaded guilty to workers’ compensation fraud before the 147th Travis County District Court in Austin. Hicks’ sentence included...
Hearing on Texas Windstorm/Hail Insurance Scheduled
Oct 20 2003 // The Texas Department of Insurance reported it has scheduled a hearing on Oct 29 to consider Docket No. 2577, which concerns approval of the Texas Windstorm Insurance Association’s filing of proposed adjustments to...
Returning to a Place Called Home
Oct 20 2003 // It’s been four years since I last worked for the Insurance Journal, and returning has been quite an eye opener. I have been astonished by the industry’s rapid growth and its ability to adapt to a new world....
Texas Auto Theft Prevention Agency Budget Cut 34%
Oct 20 2003 // Sharing 1,250 miles of border with Mexico makes Texas an inviting target for auto thieves, which is why 12 years ago the state legislature voted to slap a $1 surcharge on all auto insurance policies to fund the Texas Auto...
Texas Young Agents Honored:
Oct 20 2003 // The Independent Insurance Agents of Texas’ Young Agents Committee was recognized by the Independent Insurance Agents and Brokers at the IIABA Conference and InfoXchange in Las Vegas, for the Texas group’s work...
Nonsubscription Facility
Oct 20 2003 // Nuts & Bolts: Combined Group, a Carrollton, Texas based managing general agency, announced a new Texas nonsubsription facility. This program features an admitted high limits Comprehensive Employers Indemnity (CEI)...
Insurance Journal 80th Anniversary
Oct 20 2003 // One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any...
Is Late Notice Ever a Defense in Texas’
Oct 20 2003 // The notice condition in general liability policies requires that the insured provide the insurer with timely notice of any potential occurrence and the receipt of suit papers. Failure to give proper notice of either of...
Happy 80th Birthday Insurance Journal
Oct 20 2003 // Not many businesses can make the claim, “we’re 80 years old.” Now Insurance Journal can. It’s hard to believe we started in Los Angeles in 1923 as a life insurance magazine. My family came on the...
Returning to a Place Called Home
Oct 20 2003 // It’s been four years since I last worked for the Insurance Journal, and returning has been quite an eye opener. I have been astonished by the industry’s rapid growth and its ability to adapt to a new world....
