Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Get to Know Your State Legislators
Nov 25 2002 // If there was one message speakers at the 2002 Annual Meeting of the Texas Surplus Lines Association (TSLA) wanted their audience to go away with, it was: Get to know your state legislators. That was the mantra chanted by...
TEMP. DEAL FOR FARMERS, STATE
Nov 25 2002 // Farmers Insurance Group of Companies worked out a temporary deal with the Governor’s office, the Texas Department of Insurance (TDI) and the Office of Attorney General (OAG) under which it will continue to offer...
LET THE FILING BEGIN
Nov 25 2002 // Texas legislators wasted little time in filing post-election insurance reform legislation. One week after an election in which campaigns rang with promises from Republicans and Democrats alike to bring down homeowners...
MAN CHARGED WITH WC FRAUD
Nov 25 2002 // The Scurry County (Texas) Grand Jury indicted Jake V. Silva on charges of fraudulently obtaining workers’ compensation benefits; he was reported to have continued working while collecting temporary income benefits...
INDEPENDENTS INCREASE SHARE
Nov 25 2002 // An annual market share study by the Independent Insurance Agents & Brokers of America’s (IIABA) revealed that independent agents and brokers are capturing an increasing share of both the personal lines and...
Public Entities: A Specialized Niche
Nov 25 2002 // Take the hard market, combine it with the Sept. 11 tragedy, and mix those two ingredients into an already intricate and compound underwriting process and you’ve got yourself the public entities marketplace. Ask any...
Texas Legislators File Bills Targeting Insurers
Nov 21 2002 // Texas state legislators filed a package of eight bills that would introduce new regulations of homeowners and auto insurance in the state. According to the Houston Chronicle and the Associated Press, one bill would require...
Copart Opens in Corpus Christi, Texas
Nov 20 2002 // Copart Inc. opened its 12th auction facility in Texas. According to the company, with the addition of this 12-acre greenfield facility in Corpus Christi it now has 99 locations in 40 states. “The new Corpus Christi...
Montemayor Rejects TWIA Rate Hike Request
Nov 19 2002 // Texas Insurance Commissioner Jose Montemayor rejected the Texas Windstorm Insurance Association’s request for a 10 percent rate increase for wind and hail coverage of homes in the 14 coastal counties and part of...
NAII Seeks to Reverse Nationwide Class Action Suit Filed in Texas
Nov 18 2002 // The Beaumont Court of Appeals in Texas has departed from state law in its improper certification of a nationwide class action suit that would ultimately make law for the entire country, according to the National...
Texas Coalition Promotes Competition, Consumer Protection
Nov 18 2002 // The Texas Coalition for Affordable Insurance Solutions (www.tcais.org ), whose membership includes a number of insurers operating in the state, urged the Texas Legislature to adopt regulatory reforms that promote...
Stevens to Manage WSS-Texas Office
Nov 14 2002 // Richard L. Polizzi, president of Western Security Surplus (WSS) Insurance Brokers Inc., announced the opening of an office in Dallas, Texas. A former California employee and native Texan, Kyle Stevens has accepted the...
NSI Settles Beaumont, Texas Asbestos Claims
Nov 14 2002 // National Service Industries announced that it has entered into an agreement in principle to settle a significant number of asbestos claims currently pending against the company in Jefferson County (Beaumont) and Orange...
Panelists Try to Break Down Mold Issue in E&O
Nov 13 2002 // Orlando, Fla. – A panel on architects & engineers E&O looked at the ramifications of one of the latest issues to impact that segment of the insurance industry – mold – during the second day of...
Filing of Insurance Bills in Texas Begins
Nov 13 2002 // Texas legislators wasted little time in filing post-election insurance reform legislation. One week after an election in which campaigns rang with promises from Republicans and Democrats alike to bring down homeowners...
Farmers to Extend Renewals 30 Days; Rate Cut Part of Temporary Settlement
Nov 12 2002 // As a result of ongoing discussions with the Governor’s office, the Texas Department of Insurance (TDI) and the Office of Attorney General (OAG), the Farmers Insurance Group of Companies announced that it would...
TCAIS Initiates Reform Campaign
Nov 12 2002 // The Texas Coalition for Affordable Insurance Solutions, www.tcais.org, an Austin-based alliance of insurance providers, launched an insurance reform campaign to encourage legislators, regulators and other policymakers to...
DIMINISHED VALUE CONSIDERED IN TX
Nov 11 2002 // The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an...
No Duty to Investigate Before Terminating Agent
Nov 11 2002 // In Texas Farm Bureau Mut. Ins. Co. v. Sears, the Texas Supreme Court addressed what duties an insurance company owes an independent agent when terminating an “at will” relationship. No. 01-0851 (Tex., Aug. 30,...
AAI Discourages Md. Mold Coverage Mandate
Nov 8 2002 // The Alliance of American Insurers (AAI) pressed the Maryland Insurance Administration not to establish coverage mandate, arguing that such a mandate would destabilize the state’s homeowners insurance...
