Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
No Push Back on Allstate Rates by Texas Insurance Regulators
Mar 22 2012 // Homeowner insurance rate hikes filed in Texas by Allstate Insurance in December 2011 have passed muster with Texas insurance regulators. The company made a rate adjustment of 5.7 percent statewide for Allstate Texas Lloyds...
Report: Risk for Corruption High in South Central States
Mar 20 2012 // Although none of the 50 U.S. state governments were found to be exemplary, three out of four of the South Central states received very lackluster rankings in a report evaluating state governments on integrity and the...
Texas Manufacturer Cited Following Employee Amputation
Mar 20 2012 // A Texas manufacturer has been cited for willful and serious safety violations after an employee reportedly suffered an amputation at the company’s facility in Waco. The U.S. Department of Labor’s Occupational...
Texas Company Fined $164K for Safety Violations
Mar 19 2012 // The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Houston-based IFCO Systems North America Inc. with 10 serious, three repeat and six other-than-serious violations for exposing...
People
Mar 19 2012 // Dallas-based Republic Cos. has named Joseph E. Mattingly president and chief executive officer. Since 2006 Mattingly has served as senior vice president — insurance operations, and president of insurance companies of...
Workers’ Comp-Focused Employers Adds 2 Sales Execs in Texas
Mar 14 2012 // Susan Watson and Henry Eford have joined workers’ compensation specialty insurer Employers as sales executives in Texas. Watson is sales executive for the Dallas/Fort Worth market. Based in Dallas, Watson brings 20...
Federal Disaster Audit Recommends Texas Repay $9M
Mar 13 2012 // A federal audit has recommended that Texas repay $9 million in alleged overcharges related to administration of hurricane recovery funds. Hurricanes Dolly and Ike hit Texas in 2008. The U.S. Department of Housing and Urban...
Texas Mutual Insurance Co. Names Huckaby General Auditor
Mar 13 2012 // Workers’ compensation insurance provider Texas Mutual Insurance Co. has named Bill Huckaby as its new general auditor. Huckaby previously served as the company’s senior manager of finance and operations...
Texas Mutual Rewards 3 Safety Groups with $435K in Dividends
Mar 12 2012 // Texas Mutual Insurance Co. announced that three workers’ compensation safety groups have earned a combined $435,324 in dividends. The dividends were based largely on each group’s overall loss ratio. The largest...
Central Texas Wildfire Victims Benefit from $4M in Donations
Mar 8 2012 // Parts of Central Texas devastated by wildfires last year have benefited from more than $4 million in private donations and the help of volunteers who are rebuilding homes. The Austin American-Statesman reports that in...
Texas Arson Hotline Nabs 4 Suspects
Mar 8 2012 // Four San Angelo juveniles are suspected of setting fire to an abandoned San Angelo hotel and the arrests may lead to solving other suspicious fires in the area. San Angelo fire investigators have placed two suspects in...
Texas Mutual Adds Jackson as Sr. Manager of Underwriting, Marketing
Mar 8 2012 // Workers’ compensation insurance provider Texas Mutual Insurance Co. has hired Bill Jackson as senior manager of underwriting and marketing in Dallas. Jackson will be responsible for managing marketing and...
Polak Named Texas Windstorm Insurance Association General Manager
Mar 6 2012 // John PolakJohn Polak has been named general manager of the Texas Windstorm Insurance Association (TWIA). Since April 2011, Polak served as interim general manager for the association. Polak has more than 39 years of...
2011 an Exceptional Year for Tornadoes
Mar 5 2012 // While 2011 marked the fourth deadliest year on record for tornadoes in the United States, Texas was spared tornado-related fatalities and recorded fewer-than-average number of such storms. Not so in Alabama, which led all...
Texas Company Develops Up-to-Date Property Data for Insurers
Mar 5 2012 // In many ways, insurance is a battle for information. From marketing to underwriting to claims, the ability to know as much as possible about a potential insured, especially for property risks, is vital. With that in mind,...
U.S. Should Expect Another Above-Normal Tornado Season
Mar 5 2012 // The U.S. should expect an active severe weather season with above-normal tornadoes in 2012. That’s after a near-record number of tornadoes in 2011, according to forecasters at AccuWeather.com in State College,...
Value of Texas ‘Loser Pays’ Statute Questioned
Mar 5 2012 // A law in Texas that assigns court costs to “losers” in cases deemed to be “frivolous” is not all that effective, says one Austin-based attorney. Joanna Salinas, partner and manager of the...
People
Mar 5 2012 // W. Martin Yung has been selected chief executive officer for JDW Insurance, headquartered in El Paso, Texas. Yung is a shareholder and a member of the board of directors. He has served as president of the firm since...
Texas Regulators Looking at Ways to Restructure TWIA
Mar 5 2012 // Texas insurance regulators are seeking a consultant to explore ways to restructure the insurer of last resort for properties along the Texas coast. Texas Insurance Commissioner Eleanor Kitzman says she believes...
Business Moves
Mar 5 2012 // Town & Country, Whittington Insurance Houston-based Town & Country Insurance Agency Inc., a subsidiary of Encore Bancshares Inc. and an affiliate of Encore Bank N.A., has completed its acquisition of Whittington...