Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Agency Management Seminar Celebrates 50 Years of Success
Jan 14 2013 // In 1963, a group of insurance agents under the direction of Joseph E. Vincent from Bryan, Texas, began plans for an annual insurance seminar to be presented by Texas Association of Independent Agents (TAIA) for agency...
Managing Underwriter Bill Creates Unwelcome Surprise for Some Texas Agents
Jan 14 2013 // A bill passed during the 2011 session of the Texas Legislature is creating havoc for some independent insurance agents in the state. House Bill 3410 creates a definition of a managing underwriter, and addresses the filing...
People – South Central
Jan 14 2013 // The Texas Surplus Lines Association Inc. announced that Kathy van Eeten, senior vice president – regional marketing for insurance broker CRC|Crump, has been elected president of the association for the coming year....
Float Driver Won’t Face Charges in Texas Train Crash
Jan 11 2013 // A grand jury has declined to indict the driver of a float involved in a train collision that killed four U.S. military veterans in a West Texas parade. Dale Andrew Hayden, the driver of the truck pulling the float, will...
Crocker Joins Higginbotham as Real Estate Practice Leader
Jan 10 2013 // Commercial insurance broker William J. Crocker has joined Higginbotham Insurance Group in Austin, Texas, as vice president, real estate practice leader. Crocker will help build the firm’s presence in the real estate...
3rd Defendant in W Financial Group $17M Fraud Sentenced to Prison
Jan 10 2013 // A man who, along with two others, falsely used the names of two well-known insurance groups in a scheme to swindle elderly people out of millions of dollars has been sentenced to prison in North Texas. Adley Husni...
Drought-Ridden Wheat Belt Declared Disaster; Record Crop Insurance Claims Seen
Jan 10 2013 // The government declared much of the central and southern U.S. Wheat Belt a natural disaster area on Wednesday due to persistent drought that imperils this year’s winter wheat harvest. In its first disaster...
HUB International Acquires Louisiana-Based Brokerage Benefit Concepts
Jan 9 2013 // Insurance broker Hub International Limited (Hub) has acquired the assets of Benefit Concepts Inc. (BCI), a Shreveport, La.-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. BCI will...
HIIG Reorganizes Domestic Underwriting Operations
Jan 8 2013 // Houston International Insurance Group (HIIG) has reorganized ts domestic underwriting operations, which going forward will be re-branded under the symbol HIIG. The following divisions have been created: HIIG Construction...
Texas Weather Catastrophes Cause $2.3 Billion Losses in 2012
Jan 7 2013 // Texas recorded seven catastrophic weather events in 2012 that resulted in $2.3 billion in insured losses, the Insurance Council of Texas reported. The Dallas/Fort Worth area received the brunt of the damage from tornadoes...
Texas Surplus Lines Premium Exceeded $4 Billion in 2012
Jan 3 2013 // Premium on policies reported to the Surplus Lines Stamping Office of Texas in 2012 totaled more than $4 billion, a record volume SLSOT reported. This represented an increase of $767 million over 2011, a rise of nearly 24...
Texas’ Expected Surplus Won’t Lessen 2013 Budget Fight
Jan 2 2013 // Shortfall and sacrifice: that’s how the Texas Legislature two years ago defended gutting $5.4 billion from public education, laying off thousands of public workers with slashed spending and stripping Medicaid to the...
Texas Residents File Harassment Suit Against City
Jan 2 2013 // Nine people have filed a civil rights lawsuit against the city of Bovina, Texas accusing a former police chief and other city officials of a pattern of harassment and extortion. The lawsuit filed in U.S. District Court in...
Texas Builds ‘Hurricane Domes’ For Double-Duty
Dec 31 2012 // Most of the time, the windowless building with the dome-shaped roof will be a typical high school gymnasium filled with cheering fans watching basketball and volleyball games. But come hurricane season, the structure that...
4th Fire Raises Fear Of Arsonist In Texas
Dec 27 2012 // A fire that quickly gutted an abandoned home in Brownsville, Texas is the fourth in a week on the Rio Grande Valley city’s west side, raising fears an arsonist may be at work. Deputy Fire Chief David Hinojasa told...
Tornadoes Strike in Texas
Dec 26 2012 // Christmas Day along the Gulf Coast was filled with severe thunderstorms that brought drenching rains, high winds and damaging tornadoes while the nation’s midsection dealt with freezing rain, sleet and snow that made...
Texas Windstorm Insurer: Rates to Increase Jan. 1
Dec 26 2012 // Texas’ property insurer of last resort in coastal counties has issued a reminder to agents that while the maximum limits of liability for residential and commercial properties will remain the same in 2013 as they...
Texas Homeowners Pay Highest US Insurance Premiums
Dec 21 2012 // An industry group says Texas homeowners are paying the highest insurance premiums in the country. The report was released Tuesday by the National Association of Insurance Commissioners. The Dallas Morning News reported the...
Marsh & McLennan Agency Acquires Independent Insurance Group Benefits in Texas
Dec 20 2012 // Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., acquired Independent Insurance Group Benefits Inc., the employee benefits division of Dallas, Texas-based Independent Insurance Group. Terms of...
56 Insurance Carriers Deemed High Performers in Texas Work Comp System
Dec 20 2012 // Texas workers’ compensation system regulators report that 56 insurance carriers have been deemed high performers in the system. Announcing the results of the fourth Insurance Carrier Performance Based Oversight...
