Latest Texas Headlines

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

Real Progress Bodes Well for Regulatory Modernization Efforts

Jul 7 2003 // The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and...

ICT/AFACT Symposium to Look at Texas Legislation

Jun 27 2003 // Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. According to the Insurance Council of Texas,...

Brown & Brown Acquires Texas Agency

Jun 25 2003 // Florida-based Brown & Brown Inc. acquired the assets of Bailey-Gosling Associates Inc., a retail commercial property/casualty insurance agency located in San Antonio, Texas. The acquisition announcement was made...

Texas Mutual Elects Board Members

Jun 25 2003 // Austin-based Texas Mutual Insurance Company announced that two board members were elected at the company’s second annual policyholder meeting. Over 4,600 policyholders voted—either in person or by proxy—to elect...

Swett & Crawford Promotes Bancroft and Burnes

Jun 24 2003 // Swett & Crawford of Texas Inc. announced that Simon Bancroft was named president and CEO, and Paula Burnes was promoted to the position of executive vice president and COO of the company. Bancroft, a 26-year veteran...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...

Perry Signs Reform Bill into Law

Jun 23 2003 // In mid-June Texas Governor Rick Perry signed into law Senate Bill 14 and House Bill 4. The first bill reforms the way home and auto insurers are regulated in the state; the second places a cap on non-economic damages in...

SIIS LEGISLATIVE FORUM:

Jun 23 2003 // Southwestern Insurance Information Service will host a Public Policy Forum, “The Texas Legislative Session: Beyond the Debate,” July 11, 2003 at the Intercontinental Hotel in Dallas, Texas. Panelists will...

Minority and Women Agents Look to Tap Emerging Markets

Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...

Inside the Contractors Market

Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...

Perhaps a Large Cash Prize is the Answer

Jun 23 2003 // When battling Legislative dragons every two years, those of us who work for the Texas property and casualty insurance industry are dramatically reminded how poorly our business is understood. Furthermore, our antagonists...

NAII: La., Texas Lighten Regulatory Load

Jun 20 2003 // Louisiana and Texas legislators opted to overhaul their insurance regulatory systems this year with competition-based solutions that should help to address the insurance availability and affordability crises that have...

Hallmark Financial Sets Record Date For Rights Offering

Jun 18 2003 // Fort Worth, Texas-based property/casualty insurer, Hallmark Financial Services Inc., reported that the record date for its previously announced rights offering has been set for the close of business on June 27, 2003. Upon...

Texas Medical Malpractice Reform Legislation Signed Into Law

Jun 13 2003 // Texas Gov. Rick Perry signed into law reform legislation designed ease the medical malpractice crisis and ensure that all Texans have access to quality, affordable health care. The measure, House Bill 4, includes a...

Gov. Perry Signs Reform Legislation

Jun 11 2003 // Texas Gov. Rick Perry signed Senate Bill 14, the recently passed insurance reform legislation, during a signing ceremony at a construction site in Temple. According to a statement released by the governor’s office,...

Video Evidence Used in Texas Workers’ Comp Fraud Case

Jun 11 2003 // Texas Judge Bill Bender in the 403rd Judicial District Court found Thomas O’Laughlin guilty of workers’ compensation fraud after O’Laughlin pleaded no contest. According to Texas Mutual Insurance Company,...

Winstead’s Bass to Address Impact of New Tort & Insurance Laws

Jun 11 2003 // Business law firm Winstead Sechrest & Minick announced that pay clauses, sovereign immunity, prompt pay and dispute resolution are among the issues Robert C. Bass, chair of Winstead’s Construction Practice and a...

SIIS to Hold Public Forum in July

Jun 9 2003 // Southwestern Insurance Information Service announced it will host a Public Policy Forum, “The Texas Legislative Session: Beyond the Debate,” July 11, 2003 at the Intercontinental Hotel in Dallas,...

Burns & Wilcox Chairman Reflects on Decades of Business

Jun 9 2003 // Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a...

Working with Blowouts, Knock-for-Knocks and Other Oil Patch Oddities

Jun 9 2003 // One of the big issues facing small- to mid-size oil and gas operators and contractors these days is the need to determine how much risk they are willing to carry themselves and how much they want to transfer to an insuring...