Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Judge Orders Boat Insurer to Pay $1 Million
Jan 30 2003 // A judge in Austin, Texas ordered a London- and Canada-based organization to stop marketing boat and other watercraft insurance in Texas without a license and to pay a $1 million fine imposed last year by Commissioner Jose...
Brown & Brown Buys Texas Agency
Jan 29 2003 // Brown & Brown Inc. of Daytona Beach and Tampa, Fla. acquired San Antonio, Texas-based Coleman Company Insurance Services L.P. in a transaction effective Jan. 1, 2003. In a joint announcement, the companies described...
Choice & Competition Form Litmus Test for Reasonable Regulatory Reform
Jan 27 2003 // Now that the Texas legislative session is underway and the pre-election rhetoric surrounding insurance reform in Texas has moderated, the stage is set for the legislature to make the tough decisions necessary to resolve...
TX Workers’ Comp Costs Per Claim Keep Rising
Jan 27 2003 // A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’...
Perry Designates Insurance, Med-Mal Reform as Emergency Issues
Jan 27 2003 // Gov. Rick Perry officially designated homeowners insurance and medical malpractice reform as emergency issues for the 78th Texas Legislature. The governor’s designation allows state lawmakers to begin work on these...
TEXAS INITIATES FAIR PLAN
Jan 27 2003 // Texas Insurance Commissioner Jose Montemayor has officially launched the Texas FAIR (Fair Access to Insurance Requirements) Plan Association’s homeowners insurance market-of-last-resort in Texas. As of Jan. 8, the...
Alliance Opposes Texas Mold Remediation Bill
Jan 23 2003 // The Alliance of American Insurers announced its opposition to HB 329, a bill introduced into the Texas House of Representatives that would create the Mold Assessors and Remediators Act. The act would establish regulations...
TWCC Extends Preauthorization Exemption
Jan 23 2003 // The Texas Workers’ Compensation Commission (Commission) has issued Advisory 2003-02, that provides notice of an extension of the Commission’s exemption from Preauthorization and Concurrent Review for work...
TCAIS Publishes Insurance 101 Booklet for Texas
Jan 23 2003 // The Texas Coalition for Affordable Insurance Solutions (TCAIS) announced the release of a timely and informative booklet titled: “Insurance 101: A guide to understanding auto and home insurance in the Lone Star...
Texas Watch Launches Insurance Reform Web Site
Jan 22 2003 // The consumer group Texas Watch unveiled a new Web site designed to help consumers participate in the legislative debate on insurance reform. Through the Web site at www.fixtexasinsurance.org, the group will provide...
NAII Requests Texas Supreme Court Halt Expansion of Auto Coverage
Jan 21 2003 // The National Association of Independent Insurers (NAII) and Association of Fire and Casualty Companies in Texas (AFACT) have filed an amicus brief asking the Texas Supreme Court to review and reverse a 9th Texas Court of...
TWCC To Hold Jan. 22 Public Meeting
Jan 21 2003 // The Texas Workers’ Compensation Commission will hold a scheduled public meeting in Austin at 10:30 a.m. on Jan. 22. Included on the agenda are: 1. Discussion, consideration and possible action on re-adoption of rules...
Texas Mutual Launches New Pharmacy Program
Jan 20 2003 // Workers’ compensation insurer Texas Mutual Insurance Company announced the initiation of a new Pharmacy Benefit Manager program. The program should help offset the rising costs of health care in the Texas...
Home State County Mutual’s ‘Bpi’ Affirmed
Jan 17 2003 // Standard & Poor’s Ratings Services affirmed its “Bpi” counterparty credit and financial strength ratings on Home State County Mutual Insurance Co., which has its headquarters in Waco, Texas An...
Commissioner Montemayor Looking at Another Term
Jan 14 2003 // Texas Gov. Rick Perry announced he will reappoint Jose Montemayor to a new two-year term as the state’s Commissioner of Insurance. Montemayor has served as commissioner since 1999, overseeing the Texas Department of...
To Catch a Thief-State DOI’s Work Hard to Keep Agents in Line
Jan 13 2003 // A quick browse through the Web sites of state insurance commissioners across the country on any given day in any given year is bound to turn up at least one account of regulators cracking down on an insurance agent for a...
Fraud, Leaving its Prints on the Industry
Jan 13 2003 // Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of...
Med-Mal Mayhem
Jan 13 2003 // Will medical malpractice problems initiate the industry’s crisis for 2003 in the way that mold mania swept Texas and many other states in 2002, creating havoc in the homeowners insurance market? If you read the...
Montemayor Sends Biennial Report, Recommendations to Lawmakers
Jan 13 2003 // Texas Insurance Commissioner Jose Montemayor recently submitted the Biennial Report, required under Section 32.022 of the Insurance Code, to Texas legislators suggesting needed changes in laws relating to insurance...
INSURERS ASKED TO JUSTIFY RATES
Jan 13 2003 // The Texas Department of Insurance (TDI) sent letters in December to the top 10 companies writing homeowners insurance in Texas asking them to voluntarily file their rates by January 2, 2003. TDI also requested that the...
