Latest Texas Headlines

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

Let’s Reform the Texas Insurance Market the Right Way

Dec 16 2002 // Oklahoma Insurance Commis-sioner Carroll Fisher put it best when he recently said, “The best regulator of insurance rates is the consumer. For all the hard work state employees do to regulate insurance companies,...

TYLER MAN INDICTED

Dec 16 2002 // John William Tesseyman III of Tyler, Texas was indicted by a Travis County grand jury for activities that possibly left dozens of petroleum product truckers and fireworks display companies without the automobile, liability...

Grabbing the Headlines in 2002

Dec 16 2002 // Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives...

A Year for Reflection and Reaction

Dec 16 2002 // As the end of 2002 nears, it is the time to look back over the past year and to reflect on the major events in this chaotic year. Any consideration of 2002 must consider the tumultuous reaction to the Sept. 11 terrorist...

TX Governor Calls Homeowners Insurance Reform an Emergency Issue

Dec 11 2002 // Texas Gov. Rick Perry plans to declare homeowners insurance reform an emergency issue when the 78th Texas Legislature convenes on January 14 and put homeowners insurance at the top of the legislative agenda for state...

Hanna Joins Insurance Council of Texas

Dec 11 2002 // The Insurance Council of Texas (Council ) appointed former Texas Department of Insurance (TDI) public information officer, Mark Hanna, as manager of public relations. In his new position, Hanna will speak on behalf of more...

Regulators Honor TDI Staffer

Dec 10 2002 // Betty Patterson, senior associate commissioner in charge of the Texas Department of Insurance’s Financial Program, is one of this year’s two winners of the most prestigious award presented by the National...

Texas Man Indicted in Trucking, Fireworks Case

Dec 9 2002 // A Travis County, Texas grand jury indicted John William Tesseyman III of Tyler for fraudulent insurance activities that may have left dozens of petroleum product truckers and fireworks display companies without the...

Settlement Reached: Farmers to Stay in Texas

Dec 2 2002 // The Texas Department of Insurance (TDI) and the Office of Attorney General (OAG) announced that a settlement was reached with Farmers Insurance Group on November 30, under which Farmers will continue to offer homeowners...

AMS Services Acquires Texas-Based IRS-AIMS

Dec 2 2002 // AMS Services, Inc. has acquired Universal City, Texas based IRS-AIMS, a Texas rating and management system vendor. Users of IRS-AIMS’ rating and management systems will continue using these products and AMS will...

Houston Receives ‘1’ in Fire Rating Classification

Nov 25 2002 // The Texas Department of Insurance announced that Houston was granted a fire protection classification of “1,” making it the largest city in the country to receive such a ranking. The designation means potential...

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...

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...