Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Council to Hold WC Seminars
Jul 9 2001 // The Insurance Council of Texas announced plans for a series of seminars designed to help the insurance industry navigate through the Texas workers’ compensation system. The seminars will be held in Houston August 1,...
NFIB, Fund to Offer WC Programs
Jul 9 2001 // The National Federation of Independent Business (NFIB) and the Texas Fund announced an agreement to provide NFIB members with two new safety groups for lowering the cost of workers’ compensation insurance. The...
ILF to Hold Hearing On National Flood Insurance
Jul 6 2001 // The Board of Directors of the Insurance Legislators Foundation (ILF), a research and educational arm of the National Conference of Insurance Legislators (NCOIL), will hold a hearing to address flood-related insurance...
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 25 2001 // A recent jury decision should put up red flags for insurers: Take care of toxic mold claims adequately and promptly, or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
GuideOne Insurance Sells Tulsa Operations to Home State
Jun 18 2001 // GuideOne Insurance announce that the company signed a definitive agreement, effective Aug. 1, 2001, to sell GuideOne Casualty Insurance Company, the organization’s Tulsa, Okla., operation, to the Home State Insurance...
Alliance, AFACT Ask Governor to Veto WC and Litigation-Cost Control Bills
Jun 18 2001 // The Alliance of American Insurers is on record as having asked Texas Gov. Rick Perry to veto two insurance-related bills One of the bills, SB 1654, is also opposed by the Association of Fire and Casualty Companies of...
State Bills Highlight Concern About Insurance Fraud, Anti-Fraud Group Says
Jun 18 2001 // Anti-fraud reforms recently passed in Tennessee, Florida and Nevada are a signal that insurance fraud is becoming a top-tier crime around the country, according to the Coalition Against Insurance Fraud, a national...
Colorado Insurance Commissioner Heads List of TSLA Mid-Year Speakers
Jun 18 2001 // Seven speakers have been announced for the Texas Surplus Lines Association Mid-Year Meeting set for July 19-22 at the Vail Marriott Resort, Vail, Colo. William Kirven, Colorado Insurance Commissioner, is scheduled to...
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 18 2001 // Travis County District Court jury to the insurance industry: take care of toxic mold claims adequately and promptly or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
Oil & Gas Coverage Harder to Find; More EXPENSIVE
Jun 18 2001 // Crude oil and natural gas exploration and production continue at near record levels and most observers see no let up. White House officials are stumping for a national energy policy that among other things seeks increases...
Matters of Evolution; Revolution
Jun 18 2001 // With the possible exception of Charles Darwin, matters of evolution generally take a back seat on the news bus to matters of revolution. So it has been with the 23 bills affecting the insurance industry that struggled...
As Texas and Louisiana Mop Up, Assessment Begins in Flood-Swept Areas
Jun 18 2001 // Preliminary cost estimates of damages wreaked by Tropical Storm Allison as it floated around Southeast Texas for several days earlier this month have topped $1 billion. But no one knows what the actual figure will be nor...
Ponzied Insurance Premiums
Jun 18 2001 // This is the tale of what the Court of Appeals of Maryland—the state’s highest court—called a modified insurance “Ponzi scheme.” The case, decided earlier this year, is Insurance Company of North...
State Fund To Become Texas Mutual Insurance Company
Jun 4 2001 // The Texas Workers’ Compensation Insurance Fund will become the Texas Mutual Insurance Company Sept. 1 if Gov. Rick Perry signs the bill authorizing the change. The governor has 20 days from the Legislature’s...
Who’s Who Across Texas, Local Associations at Work
Jun 4 2001 // Local associations across the state continue to contribute to their communities and their profession in a variety of ways. Following is a report on activities for the past year from those that responded to our queries...
Article 21.55: Reason Prevails
Jun 4 2001 // For a generation, or so, courts around the country have thought that contract law was insufficient to regulate the claims conduct of insurance companies. Consequently, the common law of insurer bad faith has been created....
Agents Selling Financial Services, Three Texas Agents Discuss Success
Jun 4 2001 // During the last decade, the wall separating the worlds of banking and insurance has crashed down. Banks are buying insurance agencies. Banks are merging with insurance companies. The Independent Insurance Agents of America...
Highlights of Actions by the Texas Legislature Affecting Texas Insurance
Jun 4 2001 // Following is an overview of the 77th Texas Legislature offered by Bo Gilbert, CPCU, IIAT Director of Governmental Affairs. For a complete analysis of these bills as well as other bills that passed this legislative session,...
How Does Your Agency Compare’ The Middleton Group biannual compensation survey
Jun 4 2001 // Not surprisingly, compensation continues to be the single largest agency expense. The average independent agency in the U.S. spent between 62.2 percent and 66.3 percent on compensation in 2000, according to The Middleton...
Wade Spilman: Peerless Advocate, Irreplaceable Friend
Jun 4 2001 // Wade Spilman was always proud to say that, even though he wasn’t an insurance agent, he spent so much of his life working with, and on behalf of, agents that he often found himself thinking like an agent. IIAT will...
