Latest Texas Headlines

All the headlines from our Texas Topic Page, ordered by recency.

Montemayor Adopts Auto Rating Symbols

Oct 9 2003 // The Texas Department of Insurance announced that Insurance Commissioner José Montemayor has adopted Commissioner’s Order No. 03-0942, containing new and/or adjusted 2002 and 2003 model private passenger automobile...

Graves Joins Wood & Company of Texas

Oct 8 2003 // Wood & Company of Texas Inc. announced that Jackie Graves has joined the firm as office manager in Dallas. She will be in charge of administration, human resources, systems and other non-production operations. Graves...

Combined Group Offers New Nonsubscription Facility

Oct 7 2003 // Combined Group (www.combinedgroup.com), a Carrollton, Texas-based managing general agency, announced a new Texas nonsubsription facility. This program features an admitted high limits Comprehensive Employers Indemnity...

Under the Gun, NAIC Recommits to Modernization

Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...

Insurance Journal Goes National, Keeps Regional Focus

Oct 6 2003 // Insurance Journal, published in California since 1923 and Texas since 1995, is going national. Joining the West and Texas/South Central editions will be three new regional editions—Northeast, Midwest and...

National Publication/Regional Focus

Oct 6 2003 // Wells Publishing Inc., publisher of the Insurance Journal, recently announced a groundbreaking decision to take the magazine national and publish five “regional” editions encompassing the entire U.S., from the...

Uninsured Vehicle Study Sneaks Into Transportation Bill

Oct 6 2003 // Contributed by the Automobile Insurance Agents of Texas The Automobile Insurance Agents of Texas (AIAT), which has long been a proponent of devising legislation that attempts to decrease the number of uninsured motorists...

TEXAS WORK FATALITIES DROP

Oct 6 2003 // In 2002 Texas recorded the lowest number of occupational fatalities since data collection began in 1990, according to the Texas Workers’ Compensation Commission. A total of 417 fatal occupational injuries occurred, a...

Under the Gun, NAIC Recommits to Modernization

Oct 6 2003 // In response to congressional pressure to more effectively regulate insurance at the state level or face federalization, the National Association of Insurance Commissioners (NAIC) unanimously passed its revised statement of...

IIAT Queries Commissioner José Montemayor About Reforms

Oct 6 2003 // The Texas Department of Insurance has begun implementing the directives in Senate Bill 14 to bring balance, stability, fair pricing and a dynamic homeowners insurance market to Texas. Its first step toward that goal...

New CPCUs Welcomed by Central Texas CPCU Society

Sep 26 2003 // The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) congratulates the following property and casualty insurance professionals on obtaining the CPCU designation: James Beene, Texas...

Homeowners Insurance Expects 8% Jump in 2004

Sep 22 2003 // Rapidly rising construction costs, home remodeling and increasingly expensive natural disasters are expected to push the cost of homeowners insurance up by 8 percent in 2004, according to a report by the Insurance...

HOMEOWNERS RATE REVIEWS OVER

Sep 22 2003 // The Texas Department of Insurance completed its second and final round of reviews of Texas homeowners’ insurance company rates, in which 29 companies were reviewed and five insurers were ordered to reduce rates from...

Bruce Milligan, President and CEO of Republic Group, Passes Away

Sep 22 2003 // The Republic Group of Insurance Companies, of Dallas, lost its president and chief executive officer, Bruce Robert Milligan on August 30, 2003. Milligan, 47, was at home when he unexpectedly passed away. He was a member of...

Occupational Fatalities in Texas at an All-Time Low

Sep 22 2003 // In 2002 Texas recorded the lowest number of occupational fatalities since data collection began in 1990, according to the Texas Workers’ Compensation Commission. A total of 417 fatal occupational injuries occurred,...

McLaughlin Receives Matt Wells Producer Development Scholarship

Sep 22 2003 // Jeff McLaughlin, a producer with Dallas-based McLaughlin Brunson Insurance Agency, was recently named the recipient of the Matt Wells Producer Development Scholarship. The scholarship—established by Insurance Journal...

National Lloyds Thrives Writing Low-Valued Dwellings

Sep 22 2003 // The experience of specialty homeowners carrier National Lloyds Insurance Co. illustrates that the fable of the tortoise and the hare is as true today as when Aesop told it to the village children who gathered ’round...

2002 Market Share for Insurers in Texas

Sep 22 2003 // The 2002 premium and loss data for Texas provides hope for the future of Texas insurance markets. Here are the highlights in review: • The aggregate loss ratio for all Texas companies for all lines of business was 78.4...

Is the Pendulum Swinging on Stowers’

Sep 22 2003 // Through its history in Texas jurisprudence, the Stowers doctrine, which creates excess liability for insurers based upon rejection of the settlement demand within limits, has shifted between a restricted concept and a...

TDI Says Over $48M Returned to Texas Insureds

Sep 19 2003 // The Texas Department of Insurance announced that more than $48 million was returned to Texas consumers during the past year as a result of actions by TDI’s Consumer Protection Division. The money came from premium...