Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas-Based MHBT Recognized as Top Performing U.S. Insurance Brokerage
Jan 30 2014 // MHBT Inc., headquartered in Dallas, Texas, was recently recognized as the “Top Performing Agency” in the country in its revenue category in a prestigious report by the Independent Insurance Agents & Brokers...
Texas Insurance, Vietnam Veteran Lyle Ashley Passes Away
Jan 30 2014 // Lyle Ashley, decorated Navy veteran, insurance agency founder, and well-known professional in Texas insurance circles, passed away Jan. 24, 2014. Ashley, 69, received The Vietnam Service Medal with two bronze stars for his...
Homeowners of America Insurance Co. Offering Flood Coverage in Texas
Jan 29 2014 // Homeowners of America Insurance Co. (HOAIC), a Texas-based property and casualty insurance company, is expanding its products to offer flood insurance to its policyholders in Texas. Homeowners of America flood insurance...
Texas-Based Michaels Stores Investigating Possible Data Breach
Jan 27 2014 // Michaels Stores says it is investigating a possible company data security breach that may have affected its customers’ payment card information. The Irving, Texas, company said it launched the probe after learning of...
Pamplona-Style Bull Run in Texas Leaves 1 Hospitalized
Jan 27 2014 // One person was briefly treated at a hospital and several others suffered minor injuries during a Pamplona-style bull running event held in suburban Houston, Texas. The Great Bull Run mirrors the annual running of the bulls...
Privacy Breaches Afflict Texas Psych Hospitals
Jan 27 2014 // A review of state records by a newspaper has found five incidents in about the last six months where patients’ health records have made their way out of Texas’ 10 public psychiatric hospitals. The Austin...
People – Southeast
Jan 27 2014 // Starr Companies said it has appointed Eleanor Kitzman as vice president of Starr Insurance Holdings Inc. Kitzman will have regulatory, management and operational responsibilities across the company’s domestic and...
Business Moves
Jan 27 2014 // Brown & Brown, The Wright Group Daytona Beach, Fla.-based national insurance broker Brown & Brown Inc. is acquiring for $602.5 million The Wright Insurance Group LLC from Aquiline Capital Partners, Wright’s...
Agency Models: What Defines Today’s True Independent Agency
Jan 27 2014 // The conventional definition of an independent agent is an entrepreneur who owns his or her book of business and offers multiple carriers to service their clients. That is the simplified version, and it falls short of...
People – South Central
Jan 27 2014 // Berkshire Hathaway GUARD Insurance Cos. added John Brooks as a senior field representative for Arkansas, Louisiana and eastern Texas. A graduate of Louisiana State University, Brooks has been part of the insurance industry...
Deconstructing Texas Insurance Law: Ewing Confirms Court’s Shift
Jan 27 2014 // On Jan. 17, 2014, the Texas Supreme Court in Ewing Construction Company v. Amerisure Insurance Co. issued another surprising and controversial decision in a construction defect coverage case. For many years the Texas...
Surplus Lines in 2013: A Stable Market with Moderate Growth
Jan 27 2014 // The Trend Is Expected to Continue The excess and surplus lines insurance industry was in a good place last year, characterized by a stable market and moderate growth, according to one executive who is bullish on the...
TWIA Panel Studying Methods to Assess Wind/Water Property Loss
Jan 27 2014 // A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration in February. The mission of...
San Antonio Man Sentenced for Workers’ Comp Fraud
Jan 23 2014 // Travis County district court sentenced Anthony Coleman Garza of San Antonio on workers’ compensation fraud-related charges, according to an announcement by Texas Mutual Insurance Co. The court sentenced Garza to...
Texas Adopts Rules for Health Insurance Exchange Navigators
Jan 22 2014 // The Texas Department of Insurance (TDI) issued final rules that it says will strengthen protections for consumers who seek assistance from federal health benefit exchange navigators. The department says the rules address...
Officials Suspect 2 Nabbed in Texas Linked to Target Fraud Case
Jan 22 2014 // Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise, according to a South Texas police...
Texas House Subcommittee to Study Quakes in Oil, Gas Producing Areas
Jan 21 2014 // The chairman of the Texas House Committee Energy on Energy Resources has set up a team of lawmakers to investigate earthquakes in oil and gas regions. Chairman Jim Keffer named three Republicans and one Democrat to the...
Texas Supreme Court Limits Insurance Exclusions for Builders, Contractors
Jan 20 2014 // The Texas Supreme Court issued a key ruling on Jan. 17 that impacts the liability insurance coverage that builders and general contractors carry. Writing for the court, Justice Phil Johnson denied an insurance...
Texas-Based Talon Insurance Agency Merges with Higginbotham
Jan 17 2014 // Higginbotham, headquartered in Fort Worth, Texas, and Talon Insurance Agency announced the merger of their operations. Both are independent insurance firms based in Texas providing commercial and personal insurance, risk...
Restaurant Safety Group Earns $670K Dividend from Texas Mutual Insurance
Jan 16 2014 // Texas Mutual Insurance Co. announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. Since...
