Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
PELLETS, NOT CRASH=KNEE PAIN
Jan 13 2003 // An investigation by Texas Mutual Insurance Co. revealed a man employed to pick up roadside trash has trouble with his knee because of the shotgun pellets embedded in it, not because of an accident in which a woman’s...
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...
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...
Loss in Progress, or Just an Accident Waiting to Happen’
Jan 13 2003 // While a number of significant insurance decisions, in Texas and nationwide, have commanded recent attention, there are also some lesser acclaimed opinions worthy of note. In particular, Texas courts continue to grapple...
Texas Launches FAIR Plan for Homeowners Market
Jan 10 2003 // Texas Insurance Commissioner Jose Montemayor announced the official launch of the Texas FAIR (Fair Access to Insurance Requirements) Plan Association’s homeowners insurance market-of-last-resort in Texas. As of Jan....
Book Says Med-Mal Legislation Discriminates
Jan 10 2003 // A new book on medical malpractice in Texas, by Fort Worth attorney Dan Barrett, claims Republicans are discriminating against the elderly and the poor in bills to be considered in the upcoming legislative...
CenTex CPCU Takes Home the Gold
Jan 10 2003 // The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) announced it has earned the Society’s Gold Circle of Excellence Award and CPD Excellence Award for outstanding achievements...
Hearing on TWCC 2002 Medical Fee Guideline Postponed
Jan 9 2003 // The Texas Workers’ Compensation Commission announced that on Jan. 6, Travis County Judge John Dietz delayed the hearing on the 2002 Medical Fee Guideline (MFG) until further notice. In August 2002 Judge Dietz issued...
Hanover Contracts with CAA
Jan 8 2003 // The Combined Agents of America LLC (CAA), a closed managing general agency based in Austin, Texas, announced the Hanover Insurance Company has signed a master contract with all 28 CAA member agencies through which they can...
Herron Takes Management Position at AUM
Jan 8 2003 // American Underwriting Managers announced that Roger L. Herron has joined the company in its Southlake, Texas office as director of Underwriting. Ken Boyd, president of AUM, pointed out that Herron’s addition has been...
Montemayor Presents Lawmakers with Biennial Report
Jan 6 2003 // Texas Insurance Commissioner Jose Montemayor submitted a written report to Texas legislators indicating needed changes in laws relating to regulation of the insurance industry. The Biennial report, required under Section...
New Roles for Wesch and Cooper on Texas Mutual Board
Dec 30 2002 // Texas Mutual Insurance Company’s board of directors unanimously elected Richard Cooper to serve as the board’s secretary and George W. Wesch, Jr. to serve as vice chair beginning January 1, 2003. Governor...
Texas Mutual Redesigns Website
Dec 26 2002 // Texas Mutual Insurance Co. announced it will update its website beginning December 27, 2002. The site will retain its current Web address at texasmutual.com; however, it will present a new look and improved navigation...
