Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Consumer Advocacy in an Age of Consumer, Insurer Options
Mar 18 2019 // Today’s Insurance Consumer Advocates Are Tackling Some New and Old Issues Years ago, insurance consumer advocates in the states were most often focused on getting consumers access to insurance at fair prices. They...
Workers’ Comp Subscription Rate in Texas Fell From 2016 to 2018
Mar 18 2019 // Between 2016 and 2018, the percentage of private sector employers participating in the workers’ compensation system in Texas fell from 78 percent to 72 percent, according to a report released in February by the state...
New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market
Mar 15 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
Texas Storms Injure 1, Damage Buildings, Flip Small Airplanes
Mar 14 2019 // Severe thunderstorms in North Texas have left at least one person hurt, damaged buildings and flipped small planes at a suburban airport. The Storm Prediction Center says gusts of more than 75 mph (120 kph) were reported...
Former Texas Hospital CEO Pleads Guilty to Insurance Fraud Scheme
Mar 12 2019 // The former CEO of Palo Pinto General Hospital in Palo Pinto, Texas, has pleaded guilty to defrauding three major insurance providers – BlueCross BlueShield of Texas, CIGNA Texas, and United Healthcare – out of millions...
Former Texas Agent Gets 5-Year Sentence for Selling Fake Insurance Policies
Mar 11 2019 // A San Antonio woman pleaded guilty to fraud after a Texas Department of Insurance (TDI) investigation found she pocketed money from clients who thought they were buying home policies. Cynthia Olague, a former insurance...
Texas’ CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products
Mar 8 2019 // Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk. Additionally, CRC Group has entered into an exclusive partnership...
Exxon Mobil, U.S. Reach Settlement Over 2013 Texas Refinery Fire
Mar 8 2019 // The U.S. Justice Department and Exxon Mobil Corp have reached a settlement resolving Clean Air Act violations stemming from a 2013 fire at the company’s Beaumont, Texas, refinery that killed two employees and injured...
Texas Insurance Adjuster Sentenced for Stealing $100K from Employer
Mar 7 2019 // A Spring, Texas, insurance adjuster has been sentenced for stealing nearly $100,000 from the insurance company where he worked, the Texas Department of Insurance announced. Allen Castillo pleaded guilty after an...
Hub Acquires Assets of Houston’s Peak Financial Group
Mar 7 2019 // Hub International Limited (Hub), a global insurance brokerage headquartered in Chicago, has acquired the assets of Peak Financial Group LLC (Peak Financial Group) in Houston, Texas. Terms of the transaction were not...
Texas Canned Food Company Faces $194K in OSHA Penalties
Mar 6 2019 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bruce Foods Corp. – a Mexican food manufacturer based in El Paso, Texas – after an employee suffered an amputation....
Report: Flooded Home Buyouts in Texas’ Harris County Less Than Strategic
Mar 5 2019 // Long after the rains stopped and floodwaters receded, thousands of Texans whose homes were flooded by Hurricane Harvey tried to participate in buyout programs that would help diminish the property damage of future...
Ryan Specialty Group’s Acquisition of Myron F. Steves Complete
Mar 5 2019 // Chicago-based Ryan Specialty Group LLC has acquired the assets and operations of Myron F. Steves & Co. (Myron Steves), an independently owned wholesale insurance brokerage headquartered in Houston, Texas, with...
San Antonio Area Drug Company Sales Rep Pleads Guilty in $8M Fraud Scheme
Mar 5 2019 // A former pharmaceutical representative has pleaded guilty in Texas to a role in an $8 million health care fraud scheme that netted her over $1 million, according to U.S. Attorney John Bash and FBI Special Agent in Charge...
Gun Retailer Sued by Families of Texas Church Shooting Victims
Mar 4 2019 // Family members of victims of a Texas church shooting are suing a sporting goods chain that sold the weapons used in the 2017 massacre. The lawsuit filed in state district court in San Antonio alleges Academy Sports &...
Report: Insurers in Texas Provide Security, Investment and Jobs for Texans
Mar 4 2019 // A new report shows the impact of the insurance industry in Texas and the contributions it makes to the state. In addition to providing financial security and helping manage risk for Texans in all walks of life, insurance...
NTSB: Second Black Box from Doomed U.S. Cargo Plane Found in Texas Bay
Mar 4 2019 // Searchers combing a shallow Texas bay have recovered the second of two flight recorders from a cargo plane hauling Amazon packages that crashed last week, the National Transportation Safety Board said on Sunday, two days...
Declarations
Mar 4 2019 // Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of medical marijuana in the state. After losing a nephew to a...
2019 Outlook: Rates, Deductibles Likely to Rise Again in Texas Homeowners Insurance Market
Mar 4 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate...
Texas Bill Would Require Citizenship to Purchase Auto Insurance
Feb 28 2019 // A Texas state representative has filed a bill that would require proof of citizenship in order to purchase personal auto insurance. Rep. Bill Zedler, a Republican from Arlington (District 96), has filed HB 2648, which...
