Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Houston Confronts One-Two Punch of Coronavirus and Oil Bust
May 8 2020 // When you’re known as the energy capital of the world, oil busts are nothing new. But Houston now finds itself in uncharted territory — grappling with an oil downturn in the middle of a pandemic. Like in other...
Texas Seeks Applications for State Insurance Boards, Committees
May 7 2020 // The Texas Department of Insurance reports multiple opportunities for participation on insurance-related boards and committees. TDI is now accepting applications for the following boards and committees: Fair Access to...
Texas Regulatory Commission Says it Won’t Cut Oil Production
May 6 2020 // After overseeing the state’s energy sector through one of Texas’ largest oil booms in recent years, the Texas Railroad Commission has suddenly found itself in the middle of two global crises that have delivered...
At Least 116 Oklahoma Meat Plant Workers, 240 in Texas Test Positive for Virus
May 6 2020 // At least 116 employees at an Oklahoma pork processing plant have tested positive for coronavirus, Seaboard Foods spokesman David Eahart said in a statement on May 4. Meanwhile, a surge of coronavirus cases in the Texas...
What to Expect in Workers’ Compensation Costs From COVID-19: NCCI
May 6 2020 // If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an...
Texas’ Goosehead Insurance Reports $156K Loss for Q1 2020
May 5 2020 // Publicly traded independent personal lines insurance agency, Goosehead Insurance Inc., headquartered in Westlake, Texas, has reported a loss of $156,000 for the first quarter of 2020, with revenues of $20.4 million. The...
Texas Creamery Blue Bell to Plead Guilty, Pay $19M over Listeria Outbreak
May 4 2020 // Texas-based ice cream manufacturer Blue Bell Creameries has agreed to pay $19.35 million and plead guilty to charges that it shipped contaminated products linked to a 2015 listeriosis outbreak, the U.S. Justice Department...
Business Moves
May 4 2020 // East World Insurance Associates, Lewis-Chester Associates World Insurance Associates LLC acquired Lewis-Chester Associates Inc. of Summit, N.J., on Feb. 1, 2020. Founded in 1947, Lewis-Chester Associates is a full service,...
Texas Insurance Commissioner: Modernization Efforts Paying Off During Pandemic
May 4 2020 // The employees of the state agency in charge of regulating the insurance industry in Texas might not put it this way, but in a sense, operationally at least, they have been preparing for the current health crisis brought on...
In a Reversal, Texas Supreme Court Allows Prompt Payment Claim Against State Farm Lloyds
May 4 2020 // Texas’ high court recently reversed the ruling of an appeals court in a case involving whether an insurer’s payment of an appraisal award negates an insured’s claim against the carrier under the Texas...
Burns & Wilcox Adds McCormick as Professional Liability Leader in Texas
May 1 2020 // Wholesale insurance broker and underwriting manager, Burns & Wilcox, has added Laura McCormick to its leadership team. McCormick joins Burns & Wilcox as regional practice group leader, Professional Liability for...
Insurtech Branch Now Offering Auto, Homeowners Insurance in Texas
May 1 2020 // Columbus, Ohio-based insurtech, Branch, has opened operations in Texas, the company’s fifth statewide expansion since launching in Ohio in August 2019. Branch says it is shaking up the insurance industry providing a...
States Under Pressure to Lift Coronavirus Restrictions as Unemployment Grows
May 1 2020 // As White House economic reopening guidance expired on Thursday after two weeks in place, half of all U.S. states forged ahead with easing restrictions on restaurants, retail and other businesses in hopes of reviving...
Company Settles Texas Disability Accommodation Suit for $66K
Apr 29 2020 // Assisted Living Concepts LLC, doing business as Enlivant, a national owner and operator of senior living facilities, has settled a federal disability discrimination lawsuit related to a facility in Dallas, Texas. The...
Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas
Apr 29 2020 // Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to...
NICB: Texas Again Claims Top Spot for Hail Claims
Apr 28 2020 // A three-year analysis National Insurance Crime Bureau (NICB) of insurance claims associated with hailstorms in the United States shows Texas once again leads all states in hail claims by a wide margin. NICB’s report...
Texas AG Accuses Largest Egg Producer in US of Price Gouging
Apr 28 2020 // Texas’ attorney general has accused the nation’s largest egg producer of price gouging during the coronavirus pandemic. A lawsuit filed by Republican Attorney General Ken Paxton alleges that Cal-Maine Foods...
Texas High Court Allows Prompt Payment Claim Against State Farm Lloyds
Apr 28 2020 // Texas’ high court recently reversed the ruling of an appeals court in a case involving whether an insurer’s payment of an appraisal award negates an insured’s claim against the carrier under the Texas...
Top States, Cities For Insurance Claims for Hail Damage
Apr 28 2020 // Texas leads the nation in insurance claims for hail damage— far outdistancing other states with 23% of loss claims filed over the past three years. The National Insurance Crime Bureau released a three-year analysis of...
Texas Attorney General Sues to Halt Deceptive Insurance Marketer
Apr 27 2020 // A robocalling company attempting to sell fraudulent and deceptive health insurance plans has been sued by Texas Attorney General Ken Paxton for alleged violations of the Texas No Call Act and the Texas Deceptive Trade...
