Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Combined Group Offers New High Limit Nonsubscription Policy
Nov 21 2003 // Combined Group (www.combinedgroup.com), a Carrollton, Texas-based managing general agency, announced a new Texas nonsubscription policy, which features an admitted $5 million CSL high limits Comprehensive Employers...
Association Earns $523K Dividend From Texas Mutual
Nov 21 2003 // Texas Mutual Insurance Company President Russ Oliver announced that the Texas Restaurant Association (TRA) received a group dividend from Texas Mutual worth approximately $523,000. According to Oliver, the TRA group...
Malpractice Rates to Go Up for Some
Nov 20 2003 // Despite the passage in September of Proposition 12, which approved a legislative measure designed to lower malpractice insurance rates for doctors, at least two of the five major carriers providing that coverage in Texas...
Republic Names Rush President and CEO
Nov 18 2003 // The Republic Group of Insurance Companies (Republic), based in Dallas, announced it appointed former Chubb executive, Parker W. Rush, as the company’s president and chief executive officer. Rush has been associated...
HELLHOLES IN LA., TEXAS:
Nov 17 2003 // The American Tort Reform Association (ATRA) released a report, “Bringing Justice to Judicial Hellholes 2003,” identifying 13 jurisdictions where it believes the law is consistently applied unfairly. Three of...
The Precarious Role of the Broker in Litigation
Nov 17 2003 // There is a great deal of discussion about the role of insurance agents and brokers in procuring coverage, receiving or providing notice of claims, and accepting premiums. Typically, these discussions, and the accompanying...
Dallas Worker Pleads Guilty to Double-Dipping
Nov 14 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...
Central Texas CPCU Chapter Wins Gold
Nov 13 2003 // The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) announced it earned the Society’s Gold “Circle of Excellence” for outstanding achievement during the 2002-2003...
Rules on Credit Scoring Adopted in Texas
Nov 12 2003 // The Texas Department of Insurance announced it adopted initial rules regarding the use of credit scoring by insurers in Texas. TDI said these rules, along with the statutory provisions in Senate Bill 14, are among the...
IIAD’s All Industry Day to Feature Town Hall Meeting on Terrorism
Nov 12 2003 // The Independent Insurance Agents of Dallas announced it will hold the annual All Industry Day on Nov. 25. The event, “Confronting Terrorism, Not If, But When,” is sponsored by state and local insurance...
Texas Appeals Court Upholds Use of Staff Counsel
Nov 11 2003 // A Texas appellate court confirmed the right of insurers to defend their customers with staff attorneys, according to the American Insurance Association (AIA). The insurance trade group said in American Home &...
ATRA Names U.S.’s 13 ‘Judicial Hellholes’
Nov 10 2003 // The American Tort Reform Association (ATRA) released a report, “Bringing Justice to Judicial Hellholes 2003,” identifying 13 jurisdictions where it believes the law is consistently applied unfairly. ATRA said...
Texas’ Underwriters MGA Wages Fight Against GE Re
Nov 3 2003 // Texas-based Underwriters MGA (UMGA), a Texas- based corporation with offices in Hidalgo County, announced it has filed a court petition to reclaim millions of dollars in revenues the company said it lost as a result of...
NO DIMINISHED VALUE IN TEXAS:
Nov 3 2003 // The Texas Supreme Court overturned a lower court ruling and found that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. According to the National...
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...
