Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Federation of Insurance Women of Texas Elects New Officers
Nov 10 2011 // The Federation of Insurance Women of Texas, or FIWT, has installed new officers for 2012. Newly elected officers are: President Conya Harris, of Johnston Fiss Insurance; President-elect JoAnna Ringel, Bliss and Glennon;...
Texas Mutual Wraps up $155M Dividend Distribution
Nov 9 2011 // Texas Mutual Insurance Co. announced it has begun distributing about $1.5 million in workers’ compensation dividends among approximately 2,800 new policyholders. The early-qualifier dividends represent the final...
Texas Lawmaker Uses Jewish Slur in Windstorm Hearing, Then Apologizes
Nov 7 2011 // A Texas state lawmaker on Nov. 3 used a Jewish slur during a legislative committee hearing while telling officials not to delay or cheat people out of legitimate property insurance claims. Rep. Larry Taylor, of...
Texas Man Sentenced to Prison for Insurance Scam
Nov 7 2011 // A Texas man has been ordered to serve more than seven years in prison and repay nearly $583,000 after pleading guilty to a fraud scheme. A federal judge sentenced 33-year-old Timothy Fry of Amarillo, who admitted to money...
The Demotech Company Classification System Reveals State Specialist Property/Casualty Insurers
Nov 7 2011 // Company Name State of Speciality 2010 TOTAL DPW Texas Mutual Insurance Co. TX 596,191 Old American County Mutual Fire Insurance Co. TX 575,100 SAIF Corporation OR 327,373 St. Johns Insurance Co. Inc. FL 257,106 Brickstreet...
Business Moves
Nov 7 2011 // Jim Buckley, IAS Claim Services Jim Buckley & Associates of Anaheim, Calif. has been purchased by IAS Claim Services. Jim Buckley, a regional adjusting firm, which also operated under the name JBA Insurance Adjusters,...
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,...
