Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
People – South Central
May 5 2014 // Chris HayesSpecialty Insurance Managers Inc., a managing general agent based in Austin, Texas, hired Chris Hayes, a former Lloyds of London underwriter, to oversee a new high value homeowners insurance program in Texas,...
Business Moves
May 5 2014 // AssuredPartners, CBS Coverage Group Lake Mary, Fla.-based AssuredPartners Inc., through its subsidiary Assured SKCG Inc., has acquired CBS Coverage Group Inc. in Plainview, N.Y. CBS Coverage Group specializes in commercial...
Insured Loss Estimate from North Texas Storm Rises to $500M
May 2 2014 // The estimate of insured losses from an April 3 hail and wind storm in Denton, Texas, and nearby cities has risen. The Insurance Council of Texas now estimates that the amount of insured losses will be $500 million rather...
5% of All Texas Vehicle Fires Are Arson, Fire Marshal Says
May 1 2014 // In Texas, approximately five percent of all vehicle fires are intentionally set, which accounts for $3.5 million in vehicle fire losses, according the Texas State Fire Marshal’s Office. “Vehicle arson is not a...
2 Texas Companies Tie for Top Spot in 2014 ‘Forgiveness’ Ratings
Apr 30 2014 // Based on a study of 10,000 U.S consumers, H.E.B. and USAA, both based in San Antonio, Texas, tied for the top spot in the 2014 Temkin Forgiveness Ratings, which rates 268 companies across 19 industries. USAA’s...
Texas Nuclear Weapons Plant Cited for Safety Issues
Apr 30 2014 // Experts have recommended improving operating and training procedures after inspectors raised concerns about explosives safety at the nation’s only nuclear weapons assembly and dismantling plant. A letter to Pantex...
Community Service a Big Part of Texas Agents’ Annual Conference
Apr 29 2014 // The young agent members of Texas’ largest independent agents association will once again kick off the group’s annual conference with a community service project. This year, the young agents of the Independent...
From 2008 to 2012 Texas Had 216 Oilfield Deaths
Apr 29 2014 // Federal figures show Texas had 216 oilfield deaths from 2008 through 2012 to lead the U.S. during the reporting period. The Houston Chronicle reported that nationwide the number of oilfield deaths reached 545 amid...
7 Injured in Texas Plant Explosion, Fire
Apr 28 2014 // An explosion has rocked a plywood manufacturing plant north of Houston, injuring seven workers and causing a fire that took hours to extinguish. The explosion occurred about 6:15 p.m. on April 26 at the Georgia-Pacific...
Texas Investigated More than 550 Insurance Fraud Cases in 2013
Apr 28 2014 // Texas Department of Insurance Fraud Unit opened investigations into more than 550 insurance fraud cases in 2013. More than $10.3 million in insurance fraud was identified in criminal cases referred for prosecution in 2013,...
Richardson, Texas, Steps Up Automobile Crime Prevention Efforts
Apr 25 2014 // The Richardson Police Department will soon be distributing automobile crime prevention signs throughout the city with the assistance of the Insurance Council of Texas and State Farm. The signs read “Secure your...
AT&T Licensed for Captive Insurance Operations in Texas
Apr 25 2014 // The Texas Department of Insurance (TDI) has licensed Gateway Rivers Insurance Co., the captive insurance subsidiary of AT&T Inc. Gateway Rivers is based in Dallas. “We’re very pleased to have this business...
Texas Couple Awarded $3M in Drilling Lawsuit
Apr 25 2014 // A Dallas jury has awarded $3 million to a North Texas couple who sued a drilling company over alleged contamination. The Dallas Morning News reports that the jury returned its verdict y in favor of Bob and Lisa Parr of...
Vaughn Joins FrankCrum as Broker Manager in Texas
Apr 24 2014 // FrankCrum, a national professional employer organization, added Rodney Vaughn as a broker manager, responsible for increasing the company’s presence in Texas and forging relationships with insurance agents and...
Safety Laws Still Lacking a Year After Texas Plant Blast
Apr 23 2014 // It has been a year since a fire caused a huge explosion at a Texas fertilizer plant that killed 15 people, yet companies in the state can still store hazardous chemicals in flammable wooden containers in buildings without...
Workers’ Comp Commissioner Says Claims on Decline in Texas
Apr 23 2014 // Declining workplace injuries and fewer claims for workers’ compensation benefits are leading to lower costs for employers, Texas Commissioner of Workers’ Compensation Rod Bordelon told lawmakers in testimony...
Texas-Based All-Star Insurance Group Acquires Hogue Insurance Agency
Apr 22 2014 // All-Star Insurance Group Inc. has acquired Hogue Insurance Agency in Quitman, Texas. Hogue Insurance Agency is now known as All-Star Insurance Group and has moved all operations to an office inside Wood County National...
People – South Central
Apr 21 2014 // Shawn FaborsDallas, Texas – based RISC named Shawn O. Fabors president of the company upon the retirement of William D. Staub, Jr. The transition was effective Apr. 1. Staub joined RISC as president in January 2003...
On Anniversary of Texas Fertilizer Explosion, Families Seek Balance
Apr 17 2014 // Families of the 15 people killed in a massive explosion at a Texas fertilizer plant have spent the year since the blast navigating the difficult balance between moving forward and digging for answers from the past. Many of...
Students at 5 Texas Universities Receive Insurance Council Scholarships
Apr 17 2014 // Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson...
