Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Mutual Wins Web Site Award
Aug 29 2003 // Texas Mutual Insurance Company reported that for the second year in a row, its Web site, www.texasmutual.com, took top honors in an international competition hosted by the American Association of State Compensation...
Claudette’s Losses Climb to $90 Million
Aug 27 2003 // The Insurance Council of Texas reported that Hurricane Claudette, which hit the Texas coast in July, caused an estimated $90 million in insured losses, placing the storm just ahead of Hurricane Carla in dollar losses....
Sunset Looms for the ROC and Texas Monitor
Aug 25 2003 // The Texas Research and Oversight Council on Workers’ Compensation (ROC) announced that a Special Edition of the Texas Monitor, and the final one to be published by the ROC, is now available on the ROC website at...
Houston Marine Insurance Seminar Scheduled for Sept.
Aug 21 2003 // Marine Insurance Seminars Inc. will hold the Houston Marine Insurance Seminar Sept. 21 – 23 at Houston’s Westin Galleria. Included in the line up of speakers are: James T. Hackett, chairman, president and COO...
Texas WCI Adds Brown as VP
Aug 21 2003 // Texas WCI Inc. announced that Braden Brown has joined the firm as vice president. He will be based in Texas WCI’s Dallas office. Brown most recently was associated with a large retailer of commercial insurance in...
Brooke Franchise Corporation
Aug 20 2003 // Brooke Franchise Corporation has recently acquired the assets of: Abide Insurance Agency, Inc. – Oklahoma Culver Insurance Agency, Inc. – Oklahoma American National Insurance Services, Inc. d/b/a Houston...
Texas Carriers Ordered to Lower Homeowners Rates
Aug 18 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Texas Ag, Farmers Make a Deal:
Aug 18 2003 // According to Texas Attorney General Greg Abbott, the state reached a settlement with Farmers Insurance Group that requires the company to refund an estimated $2.4 million to about 13,000 Texas motorists who may have paid...
Eureste Disbarred for WC Fraud:
Aug 18 2003 // Texas Mutual Insurance Company reported that the Texas State Bar has permanently disbarred Bernardo Eureste, a Houston attorney and former San Antonio city councilman. Eureste has not practiced law since June 2002, when he...
Illegal Plan Fined Millions:
Aug 18 2003 // Texas Insurance Commissioner José Montemayor levied fines totaling $12.5 million against the operators and chief marketer of a fraudulent health care plan that enrolled approximately 7,200 Texas residents. The unlicensed...
Texas’ Costliest and Deadliest Storms
Aug 18 2003 // The Insurance Council of Texas (ICT) reported that among the state’s costliest and deadliest storms since 1950, a tropical storm that dropped more than three feet of rain on parts of Houston was the costliest weather...
Spalding Honored with ICT’s Raymond Mauk Award
Aug 18 2003 // Clem H. Spalding, who for many years played a major leadership role in the Texas automobile insurance market, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ Mid-Year Property and...
Punishing Who’ The Debate Over Insuring Punitive Damages
Aug 18 2003 // Two recent Texas opinions have re-opened an issue of public policy. For many years now, the question as to whether punitive damages are covered under general liability policies has been one of much debate. In Texas, much...
Uninsured Drivers Travel Under the Radar
Aug 18 2003 // Two things are abundantly clear when it comes to the issue of uninsured motorists: The problem is a big one and it’s nearly impossible to know with any certainty how many uninsured drivers there are on the...
Production, Service & Employee Satisfaction Drive Higginbotham to the Top
Aug 18 2003 // Fort Worth-based Higginbotham & Associates began as a small personal lines agency in 1948 representing Trinity Universal Insurance Company and SAFECO. Today it is one of the largest independent agencies in North...
Texas Oilfield Worker Indicted for WC Fraud
Aug 11 2003 // The Travis County (Texas) Grand Jury recently indicted Jimmy L. Jones on workers’ compensation fraud-related charges. According to the Texas Mutual Insurance Company, Jones was an employee of Jen’s Oilfield...
Texas Carriers Ordered to Lower Homeowners Rates
Aug 11 2003 // On Aug. 8, the Texas Department of Insurance (TDI) ordered most of the top 32 insurance company groups writing homeowners insurance in Texas to lower their rates by up to 31 percent, a move the department expects will save...
Brooke Franchise Corporation
Aug 8 2003 // Brooke Franchise Corporation has recently acquired the assets of: Abide Insurance Agency, Inc. – Oklahoma Culver Insurance Agency, Inc. – Oklahoma American National Insurance Services, Inc. d/b/a Houston...
ICT to Hold Workers’ Comp Symposium in Sept.
Aug 6 2003 // The Insurance Council of Texas (ICT) announced it will hold a workers compensation insurance symposium on Sept. 24 in Austin, Texas. Presenters will speak on the following topics: State of the Texas Workers Compensation...
ICT REPORTS ON TEXAS’ COSTLIEST AND DEADLIEST STORMS
Aug 4 2003 // The Insurance Council of Texas (ICT) reported the state’s costliest and deadliest storms since 1950. A tropical storm that dropped more than three feet of rain on parts of Houston was the costliest weather disaster...
