Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Arthur J. Gallagher Acquires Texas Benefits Broker, PIATX
Dec 18 2020 // Arthur J. Gallagher & Co. has acquired San Antonio-based PIATX LLC. Terms of the transaction were not disclosed. Founded in 2009, PIATX is an employee benefits broker and consultant focused on delivering responsive and...
Texas Workers’ Compensation System’s Path to Wellness
Dec 16 2020 // Since 2003, insurance rates in the Texas workers’ compensation system have dropped by nearly 72 percent, according to a new study released by a research group within the state’s insurance department. In 2003,...
Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC
Dec 15 2020 // A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in...
Hull & Company Acquires Assets of South & Western General Agency in Texas
Dec 15 2020 // Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W...
Wright National Launches Admitted Residential Flood Insurance Product in Texas
Dec 15 2020 // Wright National Flood Insurance Services has introduced an exclusive, admitted, stand-alone flood product in Texas: Wright Residential Private Flood Insurance. The product, which became available on Dec. 14, will be sold...
Texas AG’s Office: Whistleblower Firings Were not Retaliation
Dec 14 2020 // Texas Attorney General Ken Paxton’s office told a state district court that it was not retaliating when it fired former top Paxton aides who had reported their boss to authorities for possibly breaking the law. In...
Texas to Get Federal Disaster Assistance for Hurricane Laura Recovery
Dec 14 2020 // Federal disaster assistance has been made available to the state of Texas to supplement state, tribal and local recovery efforts in the areas affected by Hurricane Laura from Aug. 23-27, 2020, according to FEMA. Federal...
Texas’ Marine Underwriters of America Acquired by DOXA Insurance Holdings
Dec 11 2020 // DOXA Insurance Holdings LLC (DOXA) has acquired Conroe, Texas-based Marine Underwriters of America (MUA), a niche agency serving the marine industry with specialized insurance policies for ocean marine, inland marine and...
Comment Period on Coastal Texas Study Extended to Jan. 13
Dec 9 2020 // The public comment period on a state/federal study of needs and opportunities along the Texas coast has been extended for another month, according to the Texas General Land Office. The GLO and the U.S. Army Corps of...
Texas Windstorm Insurer to File for 5% Residential, Commercial Rate Hike
Dec 8 2020 // The board of directors of Texas’ insurer of last resort for wind and hail for properties along the Texas coast has directed its staff to file a rate increase of 5% for both residential and commercial policies with...
Migrant Farm Workers from Texas Allege Pesticide Exposure in Illinois
Dec 7 2020 // More than two dozen migrant workers from Texas allege they were sprayed with toxic pesticides while working in Illinois cornfields, according to a federal lawsuit. The workers, including teenagers, senior citizens and a...
7 Injured in Storage Tank Explosion at Texas Petroleum Facility
Dec 7 2020 // Seven contractors were injured, four critically, when a storage tank at a petroleum facility in Texas exploded after catching fire on Dec. 5, according to fire officials. The fire began about 10 a.m. near a crude oil...
Texas Couple Sentenced to Prison in $15M Employee Benefit Plan Embezzlement Scheme
Dec 4 2020 // A Red Oak, Texas, couple have been sentenced to a combined 18-plus years in federal prison for their roles in a $15 million retirement plan embezzlement scheme, according to U.S. Attorney for the Northern District of Texas...
TWIA Study Showing Rates Inadequate by 26% and 44% Sent to Board
Dec 3 2020 // A study showing rates for Texas’ insurer of last resort for communities along the Texas coast are inadequate by 26% for residential policies and 44% for commercial properties has been forwarded to the board of the...
Texas Warns Agents, Brokers Insurers Against Deceptive, Misleading Health Plan Marketing
Dec 3 2020 // The Texas Department of Insurance (TDI) has issued a reminder to insurance companies, agents, and marketers of discount healthcare programs that materially misrepresenting the terms and conditions of an insurance policy or...
Texas County Shuts Down Bars as COVID Hospitalizations Surge
Dec 2 2020 // A Central Texas county has closed its bars after area hospitalizations for COVID-19 exceeded a state mandated limit. Meanwhile in Houston, officials say they are having problems with some bars that have been allowed to...
Liquidation Requested for Texas Nonstandard Auto Insurer, ACCC
Nov 30 2020 // An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. With the agreement of its board of directors, ACCC...
Recorded Texas Surplus Lines Premium Rose to $629.53 Million in October
Nov 30 2020 // The Surplus Lines Stamping Office of Texas (SLTX) recorded $629.53 million in Texas surplus lines premium during the month of October. The premium recorded year to date through October represents a 13.8% increase over the...
Tornado Causes Damage, Injuries in Arlington, Texas
Nov 30 2020 // A pre-Thanksgiving Day tornado swept through parts of the Dallas-area city of Arlington on Nov. 24, damaging several apartment complexes and other buildings, displacing 75 families and causing minor injuries to three...
Texas Proposes Changes to Agent, Adjuster CE Requirements
Nov 25 2020 // Texas is proposing changes to continuing education (CE) requirements for agents and adjusters, and is seeking comments on the proposals. Among the CE changes proposed by the Texas Department of Insurance are: An expanded...
