Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Rising to the Top With NAPSLO’s Advanced School
Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...
Hearings Underway on TDI Mandated Homeowners Rate Cuts
Sep 8 2003 // Eleven of the state’s largest homeowners carriers have filed appeals with the Texas Department of Insurance, requesting hearings on recent state-ordered rate cuts. On Aug. 8, 2003, Texas Insurance Commissioner José...
CLAUDETTE LOSSES AT $90M
Sep 8 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. Claudette came ashore July 15, striking land at Port O’Connor...
Changes in the Works for the FAIR Plan
Sep 8 2003 // Administrators of the Texas FAIR (Fair Access to Insurance Requirements) Plan, the state’s residual market for homeowners insurance, recently made changes to the Plan’s Producer Requirements and Perfor-mance...
Rising to the Top With NAPSLO’s Advanced School
Sep 8 2003 // For four days in early November, experienced surplus lines professionals will have the opportunity to study current trends and issues in their industry at NAPSLO’s Advanced School. Although “RISE TO THE TOP of...
Has ‘Pain and Suffering’ Priced Itself Out of the Market’
Sep 8 2003 // Texas voters have an opportunity on Sept. 13 to remove the joker from an ingenious form of judicial poker that has pushed up insurance costs so high medical providers are being forced to restrict services. Non-economic...
New Texas WC Weekly Benefits Announced
Sep 3 2003 // The Texas Workers’ Compensation Commission recently announced new average weekly workers’ comp wage rates that became effective Sept. 1, 2003. Under Section 408.047 of the Texas Labor Code, the state average...
Republic Acquired by Private Investor Group
Sep 2 2003 // The Republic Group of Insurance Companies, www.Republink.com, based in Dallas, announced the completion of its acquisition by a private investor group, in a cash transaction valued at $127 million. Republic was previously...
Bruce Milligan, President and CEO of Republic Group Passes Away
Sep 2 2003 // The Republic Group of Insurance Companies, of Dallas, is deeply saddened to report the death of the company’s president and chief executive officer, Bruce Robert Milligan. Mr. Milligan, who was 47 and had been...
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...
