Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
SAI TO LEAVE TEXAS
Apr 16 2001 // SAI Plus, LLC, of Rockville, Md., has agreed today to stop its unlicensed health insurance business in Texas and to pay restitution to people whose medical bills should have been paid by the company. Commissioner Jose...
Recent Court Decision Rocks WC System
Apr 16 2001 // On March 29, 2001, the Supreme Court of Texas decided a consolidated case of enormous importance to insurance intermediaries. In Lawrence v. CDB Services Inc., the high court said by a vote of 6-2, that employees could...
Workers’ Comp Reform: Ten Years from Ground Zero
Apr 2 2001 // It’s been 10 years since legislation revamp the Texas workers’ comp system. Most insurers, regulators and legislators agree that the system has improved dramatically, but they also say there is still room for...
WC REFUNDS FOR TEXANS
Apr 2 2001 // Texas workers’ compensation insurance companies are trying to locate nearly 29,000 employers in order to refund a surcharge started in 1992 that will result in an average refund of more than $500 per employer....
MEDICAL ASSOCIATIONS SUE HMOS
Apr 2 2001 // Two Texas medical associations and dozens of individual physicians filed a federal lawsuit last week accusing health care insurers of fraud, racketeering and conspiracy, according to a report by the Dallas Morning News....
Refining Workers’ Comp
Apr 2 2001 // In 1989 the Legislature jettisoned the generations-old Texas hybrid system and substituted a new workers’ comp system. In the mid-19th century it dawned on European social designers that the cost of goods sold should...
DALLAS FIRE INS. FINED $100,000
Mar 19 2001 // Dallas Fire Insurance Co. agreed to pay $100,000 in penalties for overcharging consumers by adding unapproved policy fees to the price it charged for credit property insurance. In a consent order, Dallas Fire also agreed...
FLOWER MOUND IM-PROVES PPC RATING
Mar 19 2001 // Flower Mound, Texas, has improved its public protection classification with the Insurance Services Office from a class 5 to a class 2. Fire departments in Texas are classified on a scale of 1 to 10, with 1 being the...
New Players on the Block – YouZoom.com expands into Texas; Progressive unveils homeowners market
Mar 19 2001 // Two companies made substantial entries into Texas last week. YouZoom.com will offer Texas agents the opportunity to sell insurance products online. Progressive, which up until now only offered auto coverage in Texas,...
UM/UIM Developments
Mar 19 2001 // Insurance covers accidents. In the legal world, we call these “fortuities”, but it all boils down to accidental happenings. First-party insurance, for example property insurance, covers financial losses...
DRAMA in the Nonstandard Arena: The NONSTANDARD AUTO MARKET gets ready for action that will include
Mar 19 2001 // The nonstandard auto market enjoyed above-average growth and profitability across the country through much of the 1990s. In fact, by the late ’90s, low entry barriers, including modest surplus levels required to...
DRAMA in the Nonstandard Arena
Mar 12 2001 // The NONSTANDARD AUTO MARKET gets ready for action that will include increased RATES, risking LOSSES and overall market VOLATILITY. The nonstandard auto market enjoyed above-average growth and profitability across the...
Arthur J. Gallagher & Co. Acquires Three Insurance Agencies
Mar 9 2001 // Arthur J. Gallagher & Co. Has completed three acquisitions; MDM Insurance Associates, Inc. of Los Angeles, California; SKANCO International, Ltd. of Scottsdale, Arizona; and Madison Scott & Associates, Inc. of...
Texas Legislature Moves Few Bills
Mar 5 2001 // It will likely come as no surprise to those who have been following the Texas Legislature this session that very few insurance-related bills are expected to make it out of committee. At least it’s no surprise Bo...
Homeowner MAP Barely Breathing
Mar 5 2001 // In September of 1994, a busload of insurance industry members, legislators and business folks toured some of inner city Houston to see what Democratic Sen. Rodney Ellis saw in his district. Insurable houses. That’s...
ROC Study: Texas Workers’ Comp Claim Costs Topping the Charts
Mar 5 2001 // Texas has the highest average medical costs per workers’ compensation claim of nine states according to a survey recently released by the Texas Research and Oversight Council on Workers’ Compensation. The...
Fireworks at the Capitol
Mar 5 2001 // Commercial auto deregulation was supposed to be a yawner for the 77th Legislature. Sure, there was opposition, but with the Texas Department of Insurance backing the measure, no one could have expected the fireworks...
Insurance Committee Tackles Tough Issues at Initial Hearing
Feb 19 2001 // The Texas House of Represen-tatives’ Committee on Insurance kicked off its first meeting of the 77th Legislative Session Feb. 12 by reviewing 10 of 12 bills brought before it. An underlying theme of discrimination...
Commercial Auto-The LONG Road Back to Profitability
Feb 19 2001 // The signs were there in 2000—and now it can safely be said that prices in the commercial auto industry are definitely firming. But how long it will take the industry to truly return to profitability is still hard to...
Texas Case Watched Closely By Surplus Lines Industry
Feb 19 2001 // The Comptroller of Public Accounts in Texas is planning an appeal of a Third District Court ruling that found Dow Chemical Co. did not owe the comptroller taxes on independently procured insurance. The Comptroller’s...
