Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Court Approves $84.4M Settlement in Farmers Case
Jul 7 2015 // A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The...
Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group
Jul 6 2015 // Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group...
Redpoint Insurance Acquires Texas’ Safeway County Mutual
Jul 6 2015 // Redpoint Insurance Group LLC has acquired Safeway County Mutual Insurance Co. in Dallas, Texas. Terms of the transaction were not disclosed. Safeway County Mutual Insurance will operate under the name Redpoint County...
Agents Need to Know About Texas Workers’ Comp E-Mod Changes
Jul 6 2015 // The number 1.00 means different things to different people. In baseball, 1.00 represents a perfect batting average. But in college, a 1.00 grade point average is about as bad as it gets. In workers’ compensation, a...
Florida Has Most Lightning Claims but Texas Has Highest Cost Per Claim
Jul 6 2015 // The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the...
People – South Central
Jul 6 2015 // Austin, Texas-based Combined Agents of America LLC (CAA) elected Roger Luttrell, president of Benton Luttrell Co. in Van Alstyne, Texas, as its chairman for 2015/16. Other members of the newly elected 2015-16 CAA...
Business Moves
Jul 6 2015 // Patriot National, Brandywine Fort Lauderdale, Fla.-based Patriot National Inc. has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the...
Texas Insurance Trade Group: Beware of July 4 Driving
Jul 2 2015 // Traffic records dating back 30 years continually list July 4 as the deadliest day to travel on our roadways, the Insurance Council of Texas reports. With July 4 landing on a Saturday this year, the mix of summer travel,...
Young Named Associate of the Year by Texas Agent Association
Jul 2 2015 // The Independent Insurance Agents of Texas (IIAT) named Wes Becknell, business development officer at AFCO in La Vernia, as its Young Associate of the Year. The award recognizes a young associate member of IIAT who...
Lighthouse Enters Texas Homeowners Insurance Market
Jul 2 2015 // Lighthouse Property Insurance Corp. (Lighthouse), with headquarters in Florida, began offering homeowners insurance and flood insurance throughout Texas on July 1. Lighthouse also provides coverage to more than 36,000...
Texas AG: State Workers May Deny Gay Marriage Licenses
Jun 30 2015 // Calling the Supreme Court decision giving same-sex couples the right to marry a “lawless ruling,” Texas’ conservative Republican Attorney General Ken Paxton said state workers can cite their religious...
Sammons Named Texas Group’s Young Agent of the Year
Jun 30 2015 // The Independent Insurance Agents of Texas (IIAT) named Adam Sammons of MHBT in Dallas the André P. Juneau Young Agent of the Year at its annual conference and trade show in San Antonio. Adam Sammons This award is given...
Web Services Turns Hit Ratios Upside Down for Surplus Lines MGA.
Jun 30 2015 // Dallas, TX, June 30 2015–To use a baseball metaphor, Texas All Risk General Agency (TAR) is batting .725 with Atlantic Casualty Insurance Company at the mid-year point. According to TAR VP David Day, “With the All...
Texas Court Denies Insurer’s Reinsurance Tax Break Argument
Jun 29 2015 // A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t...
Natural Gas Pipeline Explosion Leaves 4 Hurt in Texas Town
Jun 29 2015 // A natural gas pipeline explosion and fire in a Texas Panhandle town has left four workers injured, including two in critical condition. The Carson County Sheriff’s Office says the accident happened at night on June...
Kaufman Named Top Insurance Agent by Texas Agents’ Group
Jun 29 2015 // The Independent Insurance Agents of Texas (IIAT) named Garry Kaufman, president of Galveston Insurance Associates, as the recipient of its Drex Foreman Award at IIAT’s 118th Annual Conference and Trade Show in San...
16 Year-Old Driver Causes $100K Damage at South Texas Dealership
Jun 29 2015 // A 16-year-old driver has been blamed for a wreck that caused more than $100,000 in damage to new trucks and other property at a Texas dealership. Corpus Christi police say the driver suffered minor injuries in the accident...
Phifer Elected to Lead Texas Association of Health Underwriters
Jun 25 2015 // Joe Phifer, senior account executive in the Assurant Employee Benefits’ Dallas sales office, has been elected president of the Texas Association of Health Underwriters. Phifer begins serving his one-year term as...
Redpoint Insurance Acquiring Hallmark Workers’ Comp Business
Jun 25 2015 // Dallas-based Redpoint Insurance Group LLC is purchasing the workers’ compensation business of American Hallmark Insurance Co. of Texas, located in Austin. The acquisition is expected to close effective July 1, 2015....
NFP Property & Casualty Acquires Texas’ AutoGroup Services
Jun 25 2015 // Insurance broker and consultant, NFP, has acquired specialty agency AutoGroup Services (AGS), based in Fort Worth, Texas. Founded in 2000, AGS consults with auto dealerships to help maximize the profitability of their...
