Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Of Festivals and Floods
Dec 3 2001 // I have a picture of myself at 15 sitting on Santa’s lap. Poor Santa. Since the event in question occurred way back in the dark ages, he may or may not have been insured against the weight of my gangly teenaged frame....
TEXAS COMPANY INDICTED
Dec 3 2001 // Ray Ferguson and his Rosenberg, Texas-based company Ray Ferguson Interests Inc. were indicted for allegedly defrauding the Texas Mutual Insurance Co., formerly the Texas Workers’ Compensation Insurance Fund, of some...
Texas Commissioner Orders Farmers to Cease Homeowners Non-Renewal
Nov 19 2001 // Texas Insurance Commissioner Jose Montemayor ordered Farmers Insurance Group to stop all activities related to the company’s recent announcement that it would non-renew all of its most-common homeowners (HO-B)...
Insuring Nonprofits as Markets Harden
Nov 19 2001 // As recession looms and claims costs associated with the terrorist attacks on September 11 add up, insurance markets are beginning to harden for the first time in nearly a decade. Many major property and casualty carriers,...
Is an 80s Revival in Store for Public Entities’
Nov 19 2001 // The insurance market for pubic entities—municipalities, counties, school districts, etc.—seems to be headed for an ’80s revival, but unfortunately nostalgia can’t be attributed as the driving force. This...
IIAT Handbook Available Online
Nov 19 2001 // The Austin-based Independent Insurance Agents of Texas (IIAT) has made its Texas Insurance Agents Handbook available online through its InfoCentral (www.iiat.org) resource, giving subscribers searchable access to both the...
TDI Certifies NTIA Salvage Class
Nov 19 2001 // The North Texas Insurance Auction (NTIA) is now offering a first-of-its-kind “Texas Salvages Title” class, recently accredited by the Texas Department of Insurance (TDI) Continuing Education Division. NTIA...
Central TX CPCU Recognized
Nov 19 2001 // The Central Texas chapter of the CPCU Society (Chartered Property Casualty Underwriters) was honored during the Society’s 57th Annual Meeting in Seattle, Wash., with the Gold Circle of Excellence Award. The chapter...
TX Mutual Complains of Gouging
Nov 19 2001 // Texas Mutual Insurance Company, formerly the Texas Workers’ Compensation Fund, filed a lawsuit accusing four pharmacy chains and two third-party billing companies with price gouging, claiming they overcharged the...
Montemayor Approves Higher Auto Benchmark Rates for Texas
Nov 19 2001 // Citing growing numbers of collision, uninsured motorist, and property damage liability claims in the state, Texas Insurance Commissioner Jose Montemayor approved an increase in private automobile benchmark rates. While...
Hardening Market Heralds Rush to Alternatives
Nov 12 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...
NAII Suggests Changes to Texas Mold Proposal for HO Policies
Oct 22 2001 // In conjunction with the fourth and final hearing held by the Texas Department of Insurance (TDI) on issues surrounding the surge of mold claims in the state, the National Association of Independent Insurers (NAII)...
Nevada Insurer Ordered to Stop Sales in Texas
Oct 10 2001 // State insurance regulators have ordered a Nevada insurance company to stop selling health policies and collecting premiums in Texas, after learning that the company had not been paying medical claims. According to a report...
Retreating Insurers Create Turmoil in the Texas HO Market
Oct 8 2001 // Despite efforts by the Texas Department of Insurance to stabilize the homeowners insurance market in the state, property/casualty insurers are bailing out of the Texas market or scaling back coverage, at least temporarily,...
Appeals Court Orders Progressive’s Commission Plan Back to Trial
Oct 8 2001 // The Third Court of Appeals in Austin reversed itself Sept. 13 and ordered an Austin district court to retry a case involving a Corpus Christi insured who claimed unfair discrimination in his purchase of a policy at a price...
TDI’s Montemayor Cautions Against Overreaction on Mold Issues
Sep 30 2001 // Texas Department of Insurance Commissioner José Montemayor is urging both insurers and consumers to avoid overreacting to issues concerning insurance coverage for mold. He said patience was needed as solutions are being...
2,200 Attendees Expected at NAPSLO Convention, Pulitzer Prize-Winning Historian to Keynote 27th Annu
Sep 30 2001 // Tapley O. Johnson, Jr., incoming president of the National Association of Professional Surplus Lines Offices (NAPSLO) and chairman of the annual convention, expects some 2,200 attendees at the 27th Annual Convention in San...
Mileage-Based Auto Insurance’
Sep 30 2001 // Rule makers over at TDI are huddling these days trying to decide how best to promul-gate regulations for the pending implementation of private passenger auto insurance by-the- mile for Texas drivers. The measure was born...
Texas Insurers Estimate 60 Percent Increase in Water and Mold Claims
Sep 17 2001 // New estimates from the insurance industry predict insurer losses from water and mold damage claims will reach $780 million in Texas this year. The figure represents a 60 percent increase over claims from a year...
FIWT Stays Focused on Education, Networking
Sep 17 2001 // The Federation of Insurance Women of Texas holds its 57th annual convention in San Antonio October 3-7. True to the number one objective of the organization-education-the FIWT convention will offer members the opportunity...
