Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
TDECU Insurance Acquires 2 More Texas Independent Agencies
Feb 3 2012 // TDECU Insurance Agency LLC announced it has acquired two independent insurance agencies: Assurance Insurance Agency Inc. (Assurance) based in Bellville, Texas, and Burridge Insurance Agency Inc. (Burridge) based in...
Farmers Insurance Rate Hike in Texas Set for March
Feb 3 2012 // Farmers Insurance will raise homeowner premiums by nearly 10 percent after Texas regulators declined to object to the increase. The Dallas Morning News reported that the rate hike, set for mid-March, will apply to about...
Texas Agents Honor State Lawmakers with Independent Leadership Award
Feb 2 2012 // The Independent Insurance Agents of Texas (IIAT) has presented Independent Leadership Awards to the Honorable Kelly Hancock, Texas House of Representatives, and the Honorable John Carona, Texas Senate. With close to 10...
Texas Business Pleads Guilty to Hiding Payroll
Feb 2 2012 // A Midland, Texas-based company has pleaded guilty to misrepresenting the payroll of an affiliated firm, according to workers’ compensation insurer Texas Mutual Insurance Co. AB Abatement Inc. of Midland, pled guilty...
Builder Agent Network Expands Program for Texas Construction Industry
Feb 1 2012 // Builder Agent Network has launched a product for home building and contractor markets in Texas. The company, which functions as the managing general agency for Builders Insurance Group’s Texas products, will start...
Texas High Court Reaffirms Bar Against Policyholder Negligence Claims
Feb 1 2012 // In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against...
Arkansas Family Sues Driver, Company Over Teen’s Death
Jan 31 2012 // The family of an Arkansas teenager who died after being hit by a tractor-trailer in Texas last year has filed a wrongful death lawsuit against the driver of the truck and his employer. The lawsuit filed in U.S. District...
Texas Mutual Pays $450K Dividend to NFIB Construction Group
Jan 31 2012 // Texas Mutual Insurance Co. announced a $450,058 workers’ compensation dividend to the National Federation of Independent Business (NFIB) construction safety group. The dividend was based largely on the safety...
Florida’s FCCI Names Executives for Texas, Maryland Expansion
Jan 30 2012 // FCCI Insurance Group has announced it is expanding its commercial insurance offerings into Maryland and Texas. The company has named several executives to serve in a new home office that will oversee operations in those...
Federal Government Rejects Texas Insurance Waiver
Jan 30 2012 // The federal government has rejected a request by Texas to be excluded from a new law that limits how much health insurance companies can spend on overhead. The law is part of the Affordable Care Act, changes made in...
Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA
Jan 27 2012 // The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased Chesterfield Group Ltd., a London-based insurance broker and underwriting organization with...
Severe Storms Drench Texas, at Least 3 Tornadoes Reported
Jan 26 2012 // Buckets of rain and powerful winds that likely spawned several tornadoes swept across Texas on Jan. 25, forcing drivers to abandon cars on flooded roads but not dropping enough water to make up for a historic dry...
Lubbock Office of Shofner, Lynch & Shulse Joins MHBT
Jan 25 2012 // Two well-known Texas independent insurance agencies have merged. Dallas-based McQueary Henry Bowles Troy (MHBT) and Shofner, Lynch & Shulse LLC (SLS) announced that the SLS Lubbock office joined MHBT effective Jan. 1,...
Hailstorms, Heat and Wildfires Made 2011 a Rough Year in Texas
Jan 24 2012 // With weather forecasters issuing severe weather alerts for Texas as a slow moving cold front rolls across the state, many Texans may be reminded of the natural forces in 2011 that destroyed lives and property in all...
Texas Approves 13 Companies to Self-Insure for Workers’ Comp
Jan 24 2012 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved 13 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a...
Former Texas Financier Stanford Heads to Court
Jan 24 2012 // No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier headed to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International...
NFIB, Texas Mutual Partnership Pays $267K Dividend
Jan 23 2012 // Texas Mutual Insurance Company announced a $267,364 workers’ compensation dividend to the National Federation of Independent Business (NFIB) wholesale/retail safety group. The dividend was based largely on the safety...
Texas Lawmakers Object
Jan 23 2012 // Some lawmakers in Texas want Insurance Commissioner Eleanor Kitzman to withdraw the state’s request for a waiver to the medical loss ratio (MLR) provision in the federal health insurance reform law. State Rep. Lon...
Texas Ranks Low in Study of Statewide Building Codes
Jan 23 2012 // Neighboring Louisiana Fares Better That Texas was ranked among the bottom three states in a recently released analysis of residential building codes in the 18 hurricane-prone coastal states does not sit well with the...
Business Moves
Jan 23 2012 // Ascension, Falcone Williams Ascension Insurance is expanding in North Carolina with its third agency acquisition in the state in the past three years. Ascension’s most recent acquisition is Falcone Williams...
