Latest Texas Headlines

Texas High Court: Successor Liability Law not Retroactive

Nov 3 2010 // The Texas Supreme Court has ruled that a state law limiting corporations’ “successor liability” for personal injury claims from asbestos exposure violates the state constitution when applied to a common...

Medical Group Earns $788K Texas Mutual Dividend

Nov 2 2010 // Texas Mutual Insurance Co. announced a $788,170 dividend to the Texas Medical Group (TMG). The workers’ compensation purchasing group dividend was based largely on TMG’s loss ratio. TMG has earned $1,726,338 in...

Insurance Premiums Paid by Texans Dipped Slightly in 2009

Nov 2 2010 // The property/casualty insurance industry in Texas experienced a “ho hum” year in 2009 with soft market pricing and a difficult economy taking a toll on written premium, according to a report released by the...

People

Nov 1 2010 // Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and...

People

Nov 1 2010 // Todd Kilkenny joined the Independent Insurance Agents of Texas (IIAT) as director of agency management resources. He will be responsible for developing, implementing and managing strategic agency management initiatives and...

Declarations

Nov 1 2010 // No Place to Hide “Voters want leaders to stand tall on insurance reform …. Candidates cannot hide from this issue. Texans are looking for leaders to deliver results that will hold insurance companies...

Texas Workers’ Comp Medical Costs Per Claim Stabilizing

Oct 29 2010 // After four years of decreases, medical costs per workers’ compensation claim in Texas stabilized in 2007, reflecting the impact of reforms enacted in 2001 and much of those passed in 2005, according to a study by the...

New Web-based Atlas Details Hazards of Living on Texas Coast

Oct 29 2010 // One of every four Texans lives along the coast; Texas has 16 major ports and more than 3,300 miles of bays and estuaries. Those are just a few facts available in a new a Web-based atlas of the 18-county Texas coast...

Allstate: Texas House Fires Drop by 15%

Oct 28 2010 // The frequency of Texas home fires dropped 15 percent among Allstate customers during the first half of 2010, when compared to the same period last year. This decrease puts fire frequency back in line with historical...

Court Orders Employer to Pay $100K to Texas Mutual

Oct 28 2010 // A Travis County district court has sentenced Joffrey Majors of Parker, Texas on workers’ compensation fraud-related charges. The court sentenced Majors to four years’ deferred adjudication and ordered him to...

Texas Lawmaker Presses on with TWIA Settlement Information Request

Oct 27 2010 // Texas State Rep. Larry Taylor (R-Friendswood) has filed a mandamus petition in the 1st Court of Appeals in Houston seeking relief from a temporary stay of his request for information concerning a $189 million settlement...

Texas Credit Repair Firms Charged with Unlawful, Deceptive Practices

Oct 25 2010 // Texas Attorney General Greg Abbott has charged two El Paso companies with unlawfully operating unlicensed credit repair and credit restoration services. Max Credit of El Paso – which is also known as Max Credit...

Texas Workers’ Comp Sept. Enforcements Bring Nearly $268K in Fines

Oct 22 2010 // The Texas Department of Insurance Division of Workers’ Compensation in September issued nearly $268,000 in fines in disciplinary actions. The orders issued by Commissioner of Workers’ Compensation Rod Bordelon...

Insurer Challenges Jackson Doctor’s Legal Bills in Texas Court

Oct 22 2010 // An insurer for the doctor charged in Michael Jackson’s death has asked a judge to rule that it is not responsible for the physician’s legal bills in two high-profile court cases and fights to retain his medical...

Texas Consumer Group: Voters Favor Homeowners Insurance Reform

Oct 20 2010 // The Austin-based consumer advocacy group, Texas Watch Foundation, says a statewide public opinion survey revealed that an average of 74 percent of voters are likely to vote for candidates who favor real home insurance...

In Developing Producers, a Little Help From One’s Friends Goes a Long Way

Oct 18 2010 // As John Lennon and Paul McCartney could tell you, sometimes you just need a little help from your friends. And in the insurance agency business – where building relationships are key to success – that friend...

People

Oct 18 2010 // Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services. Holcombe brings more than 20 years of experience as an insurance counseling...

Oct 18 2010 // $832,708 Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during August 2010 included 14 license revocations, four license denials and fines and restitution totaling $832,708. Among...

Business Moves

Oct 18 2010 // IMS, London American Risk Specialists IMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one...

Texas Agents Join Forces to Launch Health Insurance Coalition

Oct 15 2010 // Three insurance producer groups have joined forces to form the Texas Coalition of Health Insurance Agents to monitor, respond to and communicate on the implementation of the Patient Protection and Affordable Health Care...