Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Mediator Named in Mold Case; Farmers Pulls Plugon HO-B Policies
Aug 6 2001 // A Travis County judge has named Austin lawyer and former Texas Supreme Court candidate Karl Bayer to mediate a settlement in a mold-related lawsuit in which the jury slapped Farmers Insurance Group with a $32 million...
Agents and Coverage Opinions
Aug 6 2001 // Insurance intermediaries—agents, brokers, and the like—do all sorts of things for their customers and clients. They help them select coverages. They help select insurers. They shop for price. They prepare applications....
Rackley Adds Travelers
Aug 6 2001 // Pulaski, Tenn.-based ratings technology company, Rackley Systems, added Travelers Insurance to their list of companies supported by commercial lines rating in the state of Texas. Operating within the newly introduced...
Texas Fund pays Dividends
Aug 6 2001 // The Texas Workers’ Compensation Insurance Fund (Texas Fund) announced plans to pay approximately $25 million in dividends to select policyholders for the third year in a row. The dividends will come as the...
Reliance Insurance 1817-2001 – R.I.P’
Jul 23 2001 // Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers which traces its roots back to 1817, filed for bankruptcy protection in the Southern District of...
TDI SETS MOLD HEARING
Jul 23 2001 // The Texas Department of Insurance will hold a hearing on mold coverage provided in the state’s residential property insurance policies in Corpus Christi August 21. It is the second of three hearings planned by the...
Study Says Eight Insurers Command 65 Percent Market Share in Hurricane-Prone States
Jul 23 2001 // A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a...
Complaints Fly in Allison’s Aftermath
Jul 23 2001 // Judging from the number of complaints from insurers and consumers alike in the wake of Tropical Storm Allison’s June foray through Southeast Texas, it is doubtful that Allison will end up being the most popular name...
Are High-Flying Hospitality Markets Headed for a Free-Fall’
Jul 23 2001 // If the hospitality market has firmed recently to, say, the consistency of crème brulée, will it necessarily become more like peanut brittle in the coming months? Who knows? But like many areas of today’s economy,...
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
Dallas Janitorial Company Guilty of Workers’ Comp Fraud
Jul 23 2001 // AM-KO Inc., a janitorial company providing services for the City of Dallas, entered a plea of “no contest” to a third degree felony for defrauding the Texas Workers’ Compensation Insurance Fund (Texas...
Liquor Liability Insurance: More Than Half Still Do Without
Jul 23 2001 // Court decisions coupled with new state statutes are holding sellers of alcoholic beverages increasingly responsible for damages under liquor liability laws. Nevertheless, liquor liability insurance continues to be a quiet,...
Texas Farmers Plead Guilty to Crop Insurance Fraud
Jul 23 2001 // Three Nolan County, Texas, farmers pleaded guilty in a Lubbock federal court July 12 to filing over $540,000 in fraudulent crop insurance claims with the federal government. According to the Lubbock Avalanche-Journal, the...
Study Says Eight Insurers Command 65% Market Share in Hurricane-Prone States
Jul 13 2001 // A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a...
NAII Warns NAFTA Funding Cuts Pose Road Hazard
Jul 9 2001 // Congressional efforts to block funding for additional border inspectors and facility improvements in anticipation of the opening of the U.S.-Mexican border under the North American Free Trade Agreement (NAFTA) are a threat...
State Farm Names Texas’ Worst Intersections-One Makes U.S. Top 10 List
Jul 9 2001 // An intersection in Frisco, Texas, near Dallas, made State Farm Insurance Company’s list of the 10 most dangerous intersections in the U.S. The intersection at State Highway 121 and Preston Road in Frisco was number...
Homeowners, Insurance Industry Clash on Mold Issues
Jul 9 2001 // Homeowners turned out in force to testify and listen, and to applaud when they agreed with what they heard, at a June 26 Texas Department of Insurance (DOI) public hearing on issues related to toxic mold and insurance...
TSLA to Focus on Rules Following Agency Licensing Bill Passage
Jul 9 2001 // While the primary goal of the year’s top agenda item – a revised agency licensing law – for Texas Surplus Lines Association may have been met, much work still remains to be done. Association officials...
Watt Wins IIAT Drex Foreman Award; Shofner Young Agent of the Year
Jul 9 2001 // Will E. Watt, chief executive officer of Rust, Ewing, Watt & Haney Inc., Texas City, was named the winner of the 2001 Drex Foreman Award at the Independent Insurance Agents of Texas convention in San Antonio. Watt has...
Indicted for Insurance Fraud
Jul 9 2001 // A Travis County grand jury has indicted Houston businessman Randall C. Long on charges of defrauding the Texas Workers’ Compensation Insurance Fund of some $167,000 in premiums. With the indictment, Long, owner of ST...
