Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Surplus Lines Premiums Reached $947.48M in June
Jul 8 2021 // Texas recorded $947.48 million in surplus lines premium, representing a 24.5% increase in premiums over June 2020, the Surplus Lines Stamping Office of Texas (SLTX) reported. SLTX has recorded $4.58 billion in premiums...
Hub Acquires Operating Subsidiaries of Trusted Capital Group in Texas
Jul 8 2021 // HUB International Ltd. has acquired the operating subsidiaries of TCG Group Holdings LLP, doing business as Trusted Capital Group. Terms of the transaction were not disclosed. John Pesce, CEO of TCG, Jeff Montgomery,...
Texas Water Development Board OKs $41M for Water, Flood Projects
Jul 7 2021 // The Texas Water Development Board on Wednesday approved $41.5 million for water, wastewater, and flood projects. Following is a breakdown of that financial assistance: $35 million to the Green Valley Special Utility...
Texas Windstorm Insurance Rates Deemed Inadequate
Jul 6 2021 // The Texas Windstorm Insurance Association has posted its 2021 Rate Adequacy Analysis for public review. The analysis indicates that TWIA’s current rates are inadequate by 39% for residential coverage and 46% for...
4 Texas Windstorm Insurance Bills Signed by Governor in 2021
Jul 5 2021 // In previous legislative years, Texas lawmakers have attempted to tackle the problems of funding for and management of Texas’ insurer of last resort for wind and hail for seacoast properties. This year, numerous...
The Texas Department of Insurance Issued a Notice about New Online Agent Exams
Jul 2 2021 // The Texas Department of Insurance issued a notice this week of the availability of a new option to take a certification exam at your home or at an office online for most major insurance agent lines. An off-site monitor...
Governor Signs 4 Bills Impacting Texas Windstorm Insurer
Jul 2 2021 // Numerous measures relating to the Texas Windstorm Insurance Association were filed in the Texas Legislature in 2021 and four made it to Gov. Greg Abbott’s desk. One, House Bill 769, has only two provisions. Authored...
Amynta Group Acquires Scion Underwriting Services in Texas
Jul 1 2021 // Amynta Group has acquired Scion Underwriting Services from Brit. Scion will continue under the leadership of Scott Brock, president of Scion and Michael Hattaway, senior vice president. Terms of the deal were not...
2 Reported Dead in Natural Gas Line Explosion in Texas
Jun 30 2021 // Two people were killed and three injured in a natural gas pipeline explosion in Texas, officials said. The deadly blast happened around 4 p.m. Monday at an Atmos Energy facility in Collin County near Farmersville, about 35...
Texas Seeks Applicants for Insurance Boards, Committees
Jun 30 2021 // The Texas Department of Insurance is accepting applications for these boards and committees: Fair Access to Insurance Requirements (FAIR) Plan Governing Committee Surplus Lines Stamping Office of Texas Board of...
Texas Data Call for COVID-19 Workers’ Comp Claims Extended
Jun 28 2021 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has extended its mandatory data call to selected insurance carriers seeking certain information related to COVID-19 injuries reported to on...
Texas Supreme Court: Academy Can’t Be Sued for Selling Gun Used in Texas Mass Shooting
Jun 25 2021 // The man who gunned down 26 people at a Sutherland Springs church in Texas’ deadliest ever mass shooting should not have been able to buy the assault style weapon he used, but the store that sold it to him can’t...
Police, Trump Supporters Sued for Alleged Harassment of Texas Biden Bus
Jun 25 2021 // Former state Sen. Wendy Davis and others who were traveling on a campaign bus for President Joe Biden in October 2020 when it was surrounded and followed by former President Donald Trump’s supporters on a Texas...
Texas Warns of Flooded Vehicles Hitting Resale Market
Jun 24 2021 // The Texas Department of Insurance has warned flood-damage vehicles may be hitting the state’s resale market following the heavy rains and flooding that swamped Louisiana and Southeast Texas in May. TDI noted that...
$750K Settlement Reached with Texas Physicians Group over False Claims
Jun 24 2021 // The U.S. Justice Department has reached a settlement agreement with a physicians group in El Paso over allegations of violating the false claims act. The U.S. Attorney’s Office for the Western District of Texas...
FEMA: Orange County, Texas, Flood Maps Finalized
Jun 23 2021 // FEMA says new flood maps for Orange County, Texas, have been finalized and become effective Dec. 16, 2021. Residents are encouraged to examine the maps to determine if they are in a low-to-moderate- or high-risk flood...
$884.75M in Texas Surplus Lines Premiums Recorded in May
Jun 21 2021 // The Surplus Lines Stamping Office of Texas (SLTX) recorded $884.75 million in surplus lines insurance premium for May, with a total of $3.63 billion year-to-date. This represents a 14.5% increase in premiums over May 2020,...
Texas Grape Growers Sue over Damage from Cotton Herbicide
Jun 21 2021 // Wine grape growers in Texas and surrounding states have filed a lawsuit against drug maker Bayer-Monsanto and chemical giant BASF for the damage their cotton herbicide has caused to vineyards. Attorneys for the grape...
Rise in Texas Workers’ Comp Claims in 2020 Ends 20-Year Downward Trend
Jun 21 2021 // Despite the economic slowdown resulting from the COVID-19 business closures, the total number of workers’ compensation claims reported to the Texas Division of Workers’ Compensation rose in 2020 by 34% compared...
Texas Company to Pay $1M Fine in 2016 Louisiana Pipeline Accident
Jun 18 2021 // A Texas company pleaded guilty to a federal Clean Water Act violation and agreed to pay a $1 million fine for damaging a pipeline that leaked more than 5,000 gallons of oil in a Louisiana bay in 2016, the U.S....
