Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Shareholders Sue Trinity Over Guardrail Safety Disclosure
Apr 29 2015 // Trinity Industries Inc. was sued by shareholders alleging the company failed to disclose it made changes to its guardrail safety system without government review. At least two lawsuits were filed in federal court in Dallas...
Texas All Risk General Agency, Inc. Awarded Exemplary Agent by Nautilus Insurance Group
Apr 29 2015 // Dallas, TX, April 29, 2015 – Texas All Risk General Agency, Inc. has been awarded the rare distinction “Exemplary Agent” by Nautilus Insurance Group (a W. R. Berkley Company). Nautilus gives this...
North Texas Hit with Tornadoes, Large Hail
Apr 27 2015 // The National Weather Service said as many as 12 tornadoes and hail the size of softballs pounded portions of north Texas overnight. The storms turned violent beginning near Rising Star in Eastland County and proceeded...
Measure Would Ban Red Light Cameras in Texas
Apr 24 2015 // Texas could put red light cameras in the rearview mirror under a bill that has cleared the Texas Senate. Republican Sen. Bob Hall said that red light cameras “have failed miserably” before his bill was sent...
Texas Insurers Group Honors 26 Students with Spring Scholarships
Apr 23 2015 // The Insurance Council of Texas (ICT) Education Foundation awarded 26 students at five Texas universities, $21,000 in academic scholarships. The students attend the University of Houston Downtown, the University of Texas at...
Spracklen Joins Texas’ Roach Howard Smith & Barton as VP
Apr 23 2015 // Julia Miller Spracklen, J. D. has joined Texas-based independent insurance brokerage firm, Roach Howard Smith & Barton, as vice president of risk services, responsible for overseeing the employees and function of the...
Texas Earthquake Swarm Linked to Drilling, Wastewater Injection
Apr 22 2015 // With real-time monitors, scientists have linked a swarm of small earthquakes west of Fort Worth, Texas, to nearby natural gas wells and wastewater injection. In 84 days from November 2013 to January 2014, the area around...
Blue Bell Creameries Expands Recall to All of its Products
Apr 22 2015 // Texas-based Blue Bell Creameries has issued a voluntary recall for all of its products on the market after two samples of chocolate chip cookie dough ice cream tested positive for listeria, a potentially deadly...
Texas Home Insurers Seek Lawsuit Protection Despite Healthy Profits
Apr 22 2015 // Texas home insurers saw a third straight year of healthy profits in 2014 due to higher rates and fewer severe storms across the state. But The Dallas Morning News reports a rising tide of lawsuits filed by homeowners in...
How to Manage Risk of Valuable Properties Concentrated in Coastal Areas
Apr 21 2015 // U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help monitor exposures, Karen...
Texas’ Residual Property Insurance Markets Hit with Severe Weather Claims
Apr 20 2015 // The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) began responding to policyholders impacted by the severe weather that affected a number of Texas communities last week and over the...
TWIA to Begin Agency Documentation Verification Survey on May 1
Apr 20 2015 // The Texas Windstorm Insurance Association alerted agents that as of May 1, 2015, TWIA would begin implementing an agency compliance program in order to verify agent documentation of private insurer coverage declinations...
Industry, Consumer Group Spokesman Express Opposition to Texas Windstorm Bill
Apr 20 2015 // It’s not often you find an area of agreement between the property/casualty insurance industry and consumer advocacy organizations, but a Texas bill addressing the state’s coastal windstorm insurance pool has...
Texas, Louisiana Improve Building Code Rankings but More Work Needed
Apr 20 2015 // Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to improving the ability of properties...
People – South Central
Apr 20 2015 // Stacey Miller Lemons has joined Dallas-based insurance broker MHBT Inc. as a commercial property/casualty account executive. Lemons, who is based in Lubbock, Texas, has more than 25 years of risk management and insurance...
My New Markets
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Home Builders Safety Group Earns $117,226 Texas Mutual Dividend
Apr 17 2015 // Austin-based Texas Mutual Insurance Co. announced it awarded a dividend of $117,226 to the Texas Home Builders (THB) safety group. The dividend was earned based on the group members’ dedication to making safety a...
Sinkholes Added as Threat in Louisiana Disaster Plan; Salt Domes to be Mapped
Apr 16 2015 // Sinkholes will be recognized as threats in the state’s updated hazard mitigation plan. The Daily Comet reports the state is working on a five-year update to its hazard mitigation plan, which must be in place to...
Texas, Louisiana Improve Building Code Rankings; More Work Needed
Apr 14 2015 // Source: Jocelyn Augustino/FEMA Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to...
Nonstandard Auto Insurance Market Is Not For Everybody
Apr 13 2015 // The nonstandard auto market is not for every carrier or agency. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many have struggled to maintain market share. But...
