Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
TWCC Fee Schedule Halted by Travis County Judge
Aug 26 2002 // The new medical fee guideline approved by the Texas Workers’ Compensation Commission (TWCC) last spring and scheduled to go into effect Sept. 1 was temporarily stayed by a Travis County judge. According to the Austin...
Texas Agent Commits Suicide as FBI Closes in
Aug 23 2002 // As FBI agents attempted to arrest him at a Fort Worth motel, a Tarrant County insurance agent who in May admitted guilt in federal fraud charges killed himself. According to the Fort Worth Star-Telegram, authorities would...
Farmers to Stop Selling New Homeowners Policies in Texas
Aug 23 2002 // Farmers Insurance Company has directed its agents to discontinue selling new homeowners policies in Texas beginning Oct. 31. The company will also stop offering replacement policies, existing policies that are not renewed...
SE Texas Doctors Threaten to Turn Away Workers’ Comp Patients
Aug 22 2002 // A number of doctors in Southeast Texas are threatening to stop treating workers’ compensation patients on Sept. 1, the effective date of recent changes to the Texas workers’ compensation fee guidelines....
Groups Urge Regulatory Constraint at Fla. Mold Hearings
Aug 21 2002 // Both the American Insurance Association (AIA) and the Alliance of American Insurers urged Florida policyholders, insurers, and regulators to take a rational approach to mold issues at a recent hearing held by the...
Texas Gubernatorial Candidates Continue Brawl
Aug 19 2002 // Texas Governor Rick Perry and his Democratic challenger Tony Sanchez continue to use the state’s homeowners market crisis against each other as a new poll shows the race tightening. The Dallas Morning News reports...
Texas AG Files Suit Against Farmers
Aug 19 2002 // Texas Governor Rick Perry and Attorney General John Cornyn announced that his office filed suit against Farmers Group Inc., the state’s second largest homeowners insurer, Aug. 5 for allegedly charging unnecessarily...
Lobbying Groups Gear Up for Legislative Session
Aug 19 2002 // Even though the next Texas legislative session is still months away, lobbying organizations with ties to insurance are polishing their strategies for influencing state lawmakers. Last month, the Austin American Statesman...
Agents Turn to State Department Web Sites to Stay on Top of Information
Aug 19 2002 // Whether it is obtaining information on licensing or getting the latest updates on fraud, many agents across the country rely on their respective state’s insurance department Web sites to get useful information. From...
TEXAS MUTUAL IN THE MONEY
Aug 19 2002 // Texas Mutual Insurance Company will be distributing some $22 million in dividends to qualifying policyholders for 2002. As in previous years, the 2002 plan includes an annual component for qualifying customers whose...
State Farm Cos. Under Review
Aug 19 2002 // A.M. Best Co. placed the “B+” (Very Good) financial strength ratings of two separately rated subsidiaries of State Farm Mutual Automobile Insurance Company—State Farm General Insurance Company (Bloomington,...
Agents Turn to State Department Web Sites to Stay on Top of Information
Aug 19 2002 // Whether it is obtaining information on licensing or getting the latest updates on fraud, many agents across the country rely on their respective state’s insurance department Web sites to get useful information. In...
TDI Freezes Farmers’ Homeowners Rates
Aug 16 2002 // The Texas Department of Insurance has issued an emergency cease and desist order against Farmers subsidiaries Farmers Insurance Exchange and Fire Insurance Exchange that effectively freezes the carrier’s homeowners...
New Coalition Looks to Improve Affordability in Texas
Aug 13 2002 // The Texas Coalition for Affordable Insurance Solutions has been created as a proactive alliance of insurance providers and trade organizations committed to working with legislators, regulators, consumers and others to find...
Farmers Group of Companies Calls Texas Attorney General’s Lawsuit ‘Political Harassment’
Aug 6 2002 // In response to the lawsuit filed Aug. 5 by the Texas Attorney General against Farmers Insurance Group of Companies, the company has reviewed the allegations and says they are without merit. The lawsuit was filed by...
Top Three Texas Residential Insurers Under Investigation
Aug 5 2002 // Responding to moves by Farmers Insurance Company to further restrict coverages in homeowners policies it will write in the state, Insurance Commissioner Jose Montemayor expanded the state insurance department’s...
Montemayor Okays ISO Homeowners Forms
Aug 5 2002 // In his continuing quest to find solutions keep the Texas homeowners market from completely falling apart, Insurance Commissioner Jose Montemayor approved residential property policy forms developed by the Insurance...
Reynolds Urges Insurers to Get Active in Workers’ Comp Litigation Issues
Aug 5 2002 // Calling the medical fee guideline the most important element of the workers’ compensation legislation passed by the 77th Texas Legislature—House Bill 2600—Richard F. (Dick) Reynolds, executive director of the...
NAME CHANGE CAN’T HIDE FRAUD
Aug 5 2002 // A Travis County District Court found that a Houston company changed its name several times while trying to avoid prosecution for premium fraud, according to Texas Mutual Insurance Company. A.C. Lath & Plastering Inc.,...
A.M. Best Places Ratings for State Farm’s Calif. and Texas Subsidiaries under Review
Aug 1 2002 // A.M. Best Co. has placed 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 (Bloomington, Ill.),...
