Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
Texas Workers’ Comp Rule Supplements Available
Nov 7 2002 // The Texas Workers’ Compensation Commission announced the Texas Workers’ Compensation Act and Commission Rulebook Supplement 2002-04 is now available online at...
Ballard Sues Farmers Over Accusations
Nov 6 2002 // Austin, Texas-based homeowner advocate, Melinda Ballard, announced she filed a lawsuit in Travis County District Court against Farmers Insurance (Farmers) and its paid spokesman for falsely accusing her of committing...
NAII Urges Texas Supreme Court to Overturn Diminished Value Ruling
Nov 1 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...
United Risk Management Under Investigation
Oct 30 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...
TWCC Sets Ag Payroll Requirements and Maintenance Tax Rates
Oct 30 2002 // The Texas Workers’ Compensation Commission announced both the annual payroll requirement of an employer for the coverage of seasonal workers and the maintenance tax rate for gross premiums for 2002. The adjusted...
CAA Members Part of IIABA Best Practices Study Group
Oct 29 2002 // Austin, Texas-based Combined Agents of America LLC (CAA) announced two of its member agencies, Bigham-Kliewer-Chapman-Watts and Crockett Insurance Services, were selected to participate in the Independent Insurance Agents...
United Risk Management Under Investigation
Oct 29 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...
Insurance Scoring and Regulatory Modernization Top NAII’s National Agenda
Oct 28 2002 // As the 2003 legislative season dawns, insurance scoring is the lead issue for the National Association of Independent Insurers (NAII). Insurance coverage for mold is also a major concern in selected areas of the country,...
A.M. Best Affirms Ratings, Removes State Farm’s Calif., Texas Subsidiaries From Under Review
Oct 28 2002 // A.M. Best Co. has affirmed the financial strength ratings of B+ (Very Good) for two separately rated subsidiaries of State Farm Mutual Automobile Insurance Company, State Farm General Insurance Company (both of...
Agents Speak Out Against TDI Residual Market Proposals
Oct 28 2002 // At a Texas Department of Insurance public hearing held in early October, insurance agents and other interested parties testified on TDI proposals to create a temporary residual market or market-of-last-resort for...
ALLEGED FRAUD IN GUN BARREL CITY
Oct 28 2002 // Texas Mutual Insurance Co. reported that a Travis County Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium...
Insurance Scoring, Regulatory Modernization Top NAII’s National Agenda
Oct 28 2002 // As the 2003 legislative season dawns, insurance scoring is the lead issue for the National Association of Independent Insurers (NAII), followed closely by regulatory reform. Insurance coverage for mold is also a major...
Survival in the Homeowners Market Takes Preparation
Oct 28 2002 // Be prepared.” Personal lines agents would do well to take that time-tested Scout motto to heart during these troubled times in the Texas homeowners market. Already inundated with calls from folks who are having a...
Survival in the Homeowners Market Takes Preparation
Oct 28 2002 // Be prepared.” Personal lines agents would do well to take that time-tested Scout motto to heart during these troubled times in the Texas homeowners market. Already inundated with calls from folks who are having a...
High Medical Costs, Big Losses Hinder Workers’ Comp Market
Oct 28 2002 // Workers’ compensation, affected both by the capacity shortage across commercial lines after Sept. 11 and ever-increasing health insurance costs, remains an extremely difficult cover to place, and is likely to stay...
NAII Opposes Water Damage Claim Restrictions in Texas
Oct 25 2002 // A representative from the National Association of Independent Insurers (NAII) spoke in opposition to proposed regulation prohibiting the use of prior water damage claims in the underwriting or rating of residential...
IIAT Names Wade Director of Insurance Programs
Oct 23 2002 // The Independent Insurance Agents of Texas named William Wade director of Insurance Programs. Wade will be responsible for strategic planning, implementation and management of IIAT’s wide variety of quality insurance...
