Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
State Ban on Red-Light Traffic Cameras Signed by Texas Governor
Jun 5 2019 // Texas Gov. Greg Abbott has signed a bill into law banning red-light traffic cameras in the nation’s second-largest state. Abbott tweeted Saturday that he signed off on the ban, which takes effect Sept. 1. Such...
The Nitsche Group Hires Casanova as Insurance Producer for Central Texas
Jun 4 2019 // Giddings, Texas-based independent insurance agency, The Nitsche Group, appointed Joe Casanova as insurance sales producer for the Central Texas region. Casanova has worked in the insurance industry for nearly a decade,...
Man Sentenced for Workers’ Comp Fraud Must Pay $26.4K to Texas Mutual
Jun 3 2019 // A man sentenced for workers’ compensation fraud must repay Texas Mutual Insurance Co. more than $26,000, a Travis County district court said. According to Texas Mutual, Ricky Allen Martinez of Sugar Land, Texas,...
CoVerica Acquires Texas’ Agape Healthcare Partners
Jun 3 2019 // Dallas-based CoVerica has expanded its presence in the medical professions arena with the acquisition of Agape Healthcare Partners L.P., an independent insurance agency headquartered in North Texas. Agape specializes in...
INSURICA Acquires First Texas Insurance Services in Arlington
Jun 3 2019 // INSURICA has acquired First Texas Insurance Services, based in Arlington, Texas. Trey Dacy and Bob Walch, principals at First Texas Insurance Services, and their team will join INSURICA. A third partner, Gary McNeil, along...
Texas Ranch Didn’t Protect Boys from Sexual Abuse, Lawsuit Says
Jun 3 2019 // A young man and a teenage boy have filed a lawsuit accusing the staff at a Texas ranch for at-risk youth of not protecting them from sexual abuse by older residents, an advocate for child abuse victims says. In recent...
Are Agencies Overpaying for Young Employees Today?
Jun 3 2019 // Memo to insurance agency owners seeking to onboard new employees: Expect to pay more, offer more and train more. Those trying to hire know that already. “What we’re seeing in particular in Texas, and I imagine...
Plumber Says ‘Safety Is at Risk’ After Texas Lawmakers Flush Plumbing Code
Jun 3 2019 // Plumbers in Texas will no longer be subject to state regulations after lawmakers this week flushed the state plumbing code and the Texas State Board of Plumbing Examiners, a state agency that employed dozens and generated...
My New Markets
Jun 3 2019 // Parcel Delivery Companies Market Detail: Gladius Insurance Services LLC (www.gladiusins.com) covers packages for parcel delivery companies (Amazon type operations). Coverage available includes: general liability,...
People & Places
Jun 3 2019 // National Bermuda-based specialty insurer Sompo International Holdings Ltd. has hired Steven E. Grippo as senior vice president, where he will lead the unit’s U.S. Architects & Engineers practice. Grippo brings to...
Texas Windstorm Insurer Withdraws 10% Rate Increase Filing
Jun 3 2019 // By Stephanie K. Jones Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was...
Buildings Damaged in Texas Storm System That Spawned 2 Confirmed Twisters
May 31 2019 // Forecasters say at least two tornadoes hit parts of north and east Texas in a storm system that damaged dozens of homes and left one person hurt. The National Weather Service has confirmed twisters struck Wednesday in the...
Texas, Louisiana Among States Most at Risk for Storm Surge, CoreLogic Says
May 31 2019 // Some 7.3 million U.S. homes with an estimated reconstruction cost of $1.8 trillion are at risk from storm surge, Irvine, California-based data analytics provider CoreLogic said in its 2019 Storm Surge Report, issued days...
Risk Strategies Acquires Texas’ MainStreet Consulting Group
May 29 2019 // Boston-based insurance brokerage and risk management firm Risk Strategies has acquired MainStreet Consulting Group, a brokerage headquartered in Conroe, Texas, just north of Houston. Terms of the deal were not...
Texas Rubber Company Faces $530K in Penalties for Safety Violations
May 29 2019 // Federal safety officials have levied more than a half a million dollars in penalties against a Texas rubber products company for multiple workplace safety violations. The U.S. Department of Labor’s Occupational...
Texas Surplus Lines Brokers Can Now Input Policy Limit Info Into EFS
May 28 2019 // Agents and brokers can now input policy limit information directly into the Surplus Line Stamping Office of Texas’ (SLTX’s) Electronic Filing System (EFS). A new field has been added to the system to allow...
Texas Would Lose Billions if Another Major Storm Hits Coast, Report Says
May 28 2019 // Housing sales in Texas would drop, gasoline prices would increase and the state would lose hundreds of billions of dollars in economic output if another major storm struck an unprotected coastline, according to a new...
Texas Windstorm Insurer Withdraws 10% Rate Increase Filing
May 28 2019 // Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was subsequently put on...
FAA ‘Very Encouraged’ by Talk with World’s Regulators on Grounded Boeing 737
May 24 2019 // The chief U.S. aviation regulator said he was very encouraged by a one-day discussion with his counterparts from around the world on the steps needed to return Boeing Co.’s grounded 737 Max jetliner to service,...
Texas Insurance Department: Continuing Ed Service for Agents, Adjusters Improved
May 23 2019 // A year ago, it took months for insurance agents and adjusters to get continuing education transcripts, course credit and other information from the Texas Department of Insurance. Today, it takes about two weeks, according...
