Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Business Moves
Nov 7 2011 // The Doctors Co., FPIC Medical liability insurer The Doctors Co. completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia...
Association Founder Urena Still on Mission to ‘Latino-ize’ Insurance
Nov 7 2011 // The narrative of Andre Urena’s life is told in a series of lessons, many handed down from his peasant-turned-bank president father Alvaro. His father died in December-but not before having a heavy hand in shaping his...
People
Nov 7 2011 // Jim Donelon has been re-elected commissioner at the Louisiana Department of Insurance. Donelon, a Republican from Metairie, on Oct. 22 defeated Democrat Donald Hodge. Donelon has been insurance commissioner since...
Business Moves
Nov 7 2011 // The Doctors Co., FPIC Insurance Medical liability insurer The Doctors Co. has completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida,...
My New Markets
Nov 7 2011 // Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Commercial Automobile Market Detail:...
BP Products to Pay $50M for Illegal Emissions at Texas City Refinery
Nov 4 2011 // BP Products North America Inc. will pay the state of Texas $50 million for unlawfully emitting pollutants during and after a March 2005 explosion at the company’s Texas City refinery, according to the Texas Attorney...
Texas Insurance Regulator Wins Top National Award
Nov 4 2011 // The National Association of Insurance Commissioners (NAIC) presented its highest award to Danny Saenz of the Texas Department of Insurance (TDI). Saenz, who serves as Deputy Commissioner of the Financial Services Division...
Regional Insurance Services Co. Adds Tabor as Texas Business Director
Nov 4 2011 // As part of its expansion into the Texas marketplace, Louisiana-based Regional Insurance Services Co. (RISCOM) has hired Claire Tabor as Texas business director. Headquartered in Shreveport, La., RISCOM is a commercial...
10 South Texas Residents Sentenced to Prison for Insurance Fraud
Nov 3 2011 // Ten south Texas residents have been sentenced to federal prison for their roles in a scheme to defraud the American Family Life Assurance Company (Aflac) by filing false injury claims under Aflac’s Accident-Only...
Ratings Roundup: Prism, Slavonic Mutual, AvMed
Nov 3 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Vermont-based captive Prism Assurance, Ltd., both with stable outlooks. The ratings...
CIC, CISR Scholarships Awarded to Insurance Women of Texas Members
Nov 2 2011 // Five insurance scholarships have been awarded to members of the Federation of Insurance Women of Texas (FIWT). The scholarships are for CIC and CISR programs presented by the National Alliance for Insurance Education &...
Klingman Joins Swett & Crawford Texas Trucking Team
Oct 28 2011 // Transportation specialist Barbara Klingman has joined the Dallas office of Swett & Crawford as an underwriter in the Transportation Practice Group. She joins the firm from Deep South Surplus where she managed both new...
Texas Man Sentenced to Prison for $600K Insurance Scam
Oct 27 2011 // A Texas man has been ordered to serve more than seven years in prison and repay nearly $583,000 over investment fraud. A federal judge sentenced 33-year-old Timothy Fry of Amarillo. Fry in July pleaded guilty to money...
Federal Ag Secretary: Farm Bill Must Improve Disaster Aid
Oct 26 2011 // Lawmakers working on the next Farm Bill need to find an effective way to provide aid to farmers affected by natural disasters, increase funding for agricultural research and continue important conservation programs,...
Case Against Texas Business Tax Before State Supreme Court
Oct 25 2011 // Attorneys for the state are set to defend Texas’ business tax. Claims that it violates the Texas Constitution are part of a case that began Oct. 24 in the Texas Supreme Court. A Boerne insurance adjustment firm,...
More Dust Storms Expected as Texas Drought Lingers
Oct 24 2011 // The towering wall of billowing red dust roaring across the blue West Texas sky on Oct. 17 took Monroe Debusk back more than eight decades to the Dust Bowl years when he was growing up on his family’s cotton farm. The...
Baker Joins Texas Agent Group as Director of Health Insurance Information
Oct 20 2011 // Misty Baker has joined the Independent Insurance Agents of Texas as director of health insurance information. In this newly created role, Baker will serve as a member resource for agency personnel working in life and...
New System Allows for Faster Transfer of Vehicle Crash Records in Texas
Oct 19 2011 // Crash records are now easier to transfer with the recent launch of a new, secure web-based application that allows law enforcement agencies to send reports to the Texas Department of Transportation (TxDOT) electronically,...
Texas-based HealthSmart to Acquire Wells Fargo TPA
Oct 19 2011 // HealthSmart Holdings Inc., based in Dallas, Texas, has entered into a definitive agreement to acquire Wells Fargo Third Party Administrators Inc., the medical third party administration (TPA) business of Wells Fargo...
Texas Workers’ Comp September Enforcements Include $118K in Fines
Oct 18 2011 // Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for September include $118,000 in fines, the department announced. Final disciplinary orders for...
