Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas State Low Cost Insurance Opens Waxahachie Office
Aug 17 2011 // Texas State Low Cost Insurance (TSLCI) has opened a new location in Waxahachie, Texas, about 20 miles southeast of Dallas. The company specializes in non-standard auto insurance and also offers a variety of other property...
Texas Enforcements for June 2011 Include Nearly $285K in Fines, Restitution
Aug 17 2011 // Enforcement actions taken by the Texas Department of Insurance that became final during June 2011 include seven license revocations, two license denials, and fines and restitution totaling $285,521. An order imposing...
Texas Investigates Buyouts of Homes Damaged by Ike
Aug 17 2011 // Disagreements among homeowners in an exclusive Galveston Island beach community have led to a fraud investigation involving a $25 million federal buyout program for houses damaged by Hurricane Ike in 2008. The state-run...
Texas State Low Cost Insurance Opens Greenville Location
Aug 12 2011 // Texas State Low Cost Insurance announced it has opened a new office in Greenville, about 40 miles east of Dallas. The company offers a variety of property and casualty insurance products in addition to non-standard auto...
Woodlands Financial Opens Four Branch Offices
Aug 11 2011 // The Woodlands Financial Group, Inc. of Woodlands, Texas expanded its operations by opening four new branch locations. Noel Sanchez opened a new branch in San Mateo, Calif. Sanchez has 14 years of experience in the...
Texas Division of Workers’ Comp Recent Enforcement Actions
Aug 10 2011 // Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). The final actions...
Texas Mutual Awards $1M in Safety Group Dividends
Aug 10 2011 // Texas Mutual Insurance Co. said five safety groups it underwrites have earned a combined $965,513 in workers’ compensation dividends. The dividends were based largely on each group’s overall loss ratio. The...
Travis Wins Claitor Scholarship from Texas Surplus Lines Group
Aug 9 2011 // Mary Travis, IMS/London American, was presented with the 2011 Jack Claitor Memorial Scholarship at the meeting of the Texas Surplus Lines Association. TSLA President Todd Teitell said Travis is the 21st recipient of this...
BancorpSouth and First National Bank Enter Sale Agreement
Aug 5 2011 // BancorpSouth, Inc. announced that its banking subsidiary, BancorpSouth Bank, and the First National Bank of Hughes Springs, Texas, have entered into an agreement under which BancorpSouth will sell to First National its two...
20 Plead Guilty to Wire Fraud in South Texas
Aug 4 2011 // Federal authorities say 20 South Texas residents have been convicted for their roles in a scheme to defraud the American Family Life Insurance Co. In mid-June, 36 people were indicted on accusations they participated in...
Study: Red-light Cameras Reducing Crashes in Texas
Aug 3 2011 // Red-light crashes fell 25 percent at hundreds of Texas intersections after traffic cameras were installed, researchers said in what was called the first statewide study of its kind. The Texas Transportation Institute...
Insurer Group Taking Hurricane Tour of Texas
Aug 2 2011 // The Insurance Council of Texas (ICT) will take its message of preparing for a hurricane down the Texas coast for its annual media tour in late August. The ICT team will consist of company personnel, insurance agents,...
Drought Damage Extends to Texas Gulf Oysters
Aug 2 2011 // Tracy Woody heaved a hemp bag filled with oysters across the deck of his boat and began inspecting his catch. One shell after another was empty. It’s virtually official, Woody said: the third-worst drought in state...
Texas Hoped for Rain but Downgraded Don Disappoints
Aug 1 2011 // “Don is dead. The cyclone literally evaporated over Texas about as fast as I have ever seen without mountains involved.” That pronouncement from Forecaster Blake of the National Hurricane Center in the last...
20 in South Texas Plead Guilty to Insurance Fraud
Aug 1 2011 // Federal authorities say 20 South Texas residents have been convicted for their roles in a scheme to defraud the American Family Life Assurance Co. In mid-June, 36 people were indicted on accusations they participated in...
People
Aug 1 2011 // Tim Brady, chairman and former CEO of Brady, Chapman, Holland and Associates in Houston, was named the 2011 Drex Foreman Award winner at the Independent Insurance Agents of Texas 114th Annual Conference & Trade Show...
Kitzman Named as Next Texas Commissioner of Insurance
Aug 1 2011 // Eleanor Kitzman is slated to become the next Texas Commissioner of Insurance on Aug. 15, 2011. Kitzman, the outgoing executive director of the South Carolina Budget and Control Board and past director of the South Carolina...
South Carolina Company Donates Fire Truck to Texas Department
Jul 29 2011 // A South Carolina company is donating a used fire truck to a Texas volunteer fire department whose station was destroyed by fire earlier this month. The Island Packet of Hilton Head reports Palmetto Fire Apparatus is...
Texas Mutual Distributes $155M in Policyholder Dividends
Jul 29 2011 // Texas Mutual Insurance Co. announced it is distributing to policyholders $155 million in workers’ compensation dividends. Texas Mutual estimates that about 77 percent of its policyholders will earn a dividend based...
Study: Workers’ Comp Drug Costs Higher in Texas, Louisiana
Jul 29 2011 // A new study indicates that Louisiana had the highest workers’ compensation prescription costs among the 17 states studied and that Texas also was among the states with the highest cost of prescription drugs per...
