Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Storm Surge Not Covered in Texas Windstorm Association Policies
Sep 19 2008 // A Texas consumer group took issue with the state-chartered windstorm insurance association over its refusal to pay coastal residents for storm surge damage in Hurricane Ike. The Texas Windstorm Insurance Association says...
Hurricane Ike Tests Texas Windstorm Association’s Ability to Pay Claims
Sep 18 2008 // The Texas Windstorm Insurance Association (TWIA) on Sept. 17 announced that anticipated claims from Hurricane Ike will force it to use the entire $370 million remainder of its Catastrophe Reserve Trust Fund, according to...
Wisconsin Utility Workers Diverted from Texas to Ohio
Sep 17 2008 // Utility crews from Wisconsin Public Service prepared to go to Texas on Septembr 15 to help restore power to victims of Hurricane Ike have been redirected to Ohio. Ten crews are responding to a request from American...
20,000 Cattle, Horses Wandering in Southeast Texas
Sep 17 2008 // At least 20,000 head of livestock are roaming loose throughout several Southeast Texas counties, said state officials who are working to get feed and water to the cattle and horses that have been without either since...
Commissioner Rod Bordelon will present a Keynote Address at The Texas Workers’ Comp Forum
Sep 16 2008 // Dallas, TX, September 16, 2008 – Council on Education in Management (Council) announced that Division of Workers’ Compensation Commissioner Rod Bordelon will present a Keynote Address at the upcoming Texas...
At Resort Cut Off By Ike, Whole Neighborhoods Gone
Sep 16 2008 // More than 48 hours after Hurricane Ike swamped the U.S. Gulf Coast and forced hundreds of thousands of people from their homes, rescuers flew for the first time Monday into areas cut off by the storm, evacuating survivors...
Texas Regulators Suspend Premium Payments for Ike Victims
Sep 16 2008 // In the aftermath of Hurricane Ike, the Texas Department of Insurance has directed insurance carriers to “to provide prompt and immediate relief” to residents and policyholders impacted by the storm,...
Bermuda Association Explains Reinsurance Risk Spreading Role
Sep 15 2008 // “The global reinsurance market plays an integral role in spreading US hurricane risk around the world,” said a bulletin from the Association of Bermuda Insurers and Reinsurers (ABIR). “Without it, the...
Nearly 2,000 Brought to Safety in Texas
Sep 15 2008 // Rescuers searching the waterlogged streets and splintered houses left behind by Hurricane Ike in Galveston they had saved nearly 2,000 people – many of whom then boarded buses to shelters without knowing where they...
Texas Agents Group Gears up Disaster Response Team
Sep 15 2008 // In the aftermath of Hurricane Ike, the Independent Insurance Agents of Texas has initiated its catastrophe response plan to offer assistance to member agencies that have been severely adversely affected by the massive...
Ike Insured Damage Estimates Range from $6B to $18B
Sep 15 2008 // Estimates of insured damage from Hurricane Ike vary widely – from $6 billion to $18 billion, according to several catastrophe risk modeling firms, but Texas Insurance Commissioner Mike Geeslin has pointed out that...
Hurricane Ike Idles Texas Oil Industry, Threatens Floods
Sep 12 2008 // Powerful Hurricane Ike bore down on the heart of the U.S. energy sector in Texas Friday, leaving most production idled and threatening a fifth of the nation’s refining capacity with howling winds and a possible...
Like Ike, Insurance Exposures Along Texas Coast Are Massive
Sep 12 2008 // With a giant Hurricane Ike taking aim at the upper Texas coast, the value of insured property at risk is huge, according to the Insurance Information Institute. The total value of insured coastal property in Texas was more...
Louisiana Won’t Be Spared by Ike
Sep 12 2008 // Although Galveston, Texas, is expected to experience the brunt of the storm, Hurricane Ike is a very, very large storm, extending nearly 900 miles across according to some estimates. Louisiana figured it might have been...
Ferocious Hurricane Ike in Gulf of Mexico, Headed for Texas
Sep 11 2008 // Hurricane Ike gathered strength as it churned through the Gulf of Mexico’s warm waters Thursday on a track that would skirt the heart of the U.S. offshore oil patch before slamming into the Texas coast late Friday or...
Thousands Flee Texas Coast as Hurricane Ike Shifts Northward
Sep 11 2008 // On Sept. 10, it looked like Hurricane Ike was going to make landfall along the middle Texas coast, with Corpus Christi being the largest city with the most to lose from the storm, which is expected to make landfall...
Texas Work Comp Division Encourages Crane Safety in Wake of Accidents
Sep 10 2008 // Recent construction crane accidents causing injuries and accidents in Texas and elsewhere have prompted the Texas Department of Insurance to urge employers and employees to use safety precautions when operating cranes. In...
July Enforcement Actions in Texas Result in $500K in Fines
Sep 10 2008 // Enforcement actions taken by Texas Commissioner of Insurance Mike Geeslin in July 2008 include nine license revocations, four license denials and fines and restitution totaling $539,814. Copies of Geeslin’s orders...
Texas Bracing for Possible Strike by Hurricane Ike
Sep 9 2008 // As Hurricane Ike barrels over Cuba and heads toward the Gulf of Mexico, it has the potential to become the storm that insurance companies in Texas have feared most, according to the Insurance Council of Texas. As of Sept....
Bordelon Named Texas Commissioner of Workers’ Compensation
Sep 9 2008 // In late August, Texas Gov. Rick Perry named Rod Bordelon of Austin as commissioner of the Workers’ Compensation Division at the Texas Department of Insurance, replacing outgoing commissioner Albert Betts....
