Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Environmental Groups sue Shell for Excess Pollution at Texas Refinery
Jan 9 2008 // Environmental groups have sued Shell Oil Co. and several of its affiliates, claiming the oil giant has for years released pollutants from its suburban Houston refinery that are well above state and federal limits. In their...
13 Companies Approved to Self-Insure for Workers’ Comp in Texas
Jan 9 2008 // Thirteen companies with approximately 183,200 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance (TDI), Division of...
Texas Recieved No Complaints from 2007 Hurricane Claims
Jan 8 2008 // No complaints have been received by the Texas Department of Insurance (TDI) on how the insurance industry handled any of the estimated 5,000 auto, homeowner and commercial claims that resulted from Hurricane Humberto, the...
Texas Mutual Fraud Investigators Earn ACFE Certification
Jan 8 2008 // Texas Mutual Insurance Company reported it recovered more than $1 million in workers’ compensation fraud last year. The company also announced that Texas Mutual investigators Victoria Quintana and William Muhr earned...
Texas Performance-Based Oversight Incentive Rule Established
Jan 8 2008 // The Texas Department of Insurance Division of Workers’ Compensation reported that Commissioner of Workers’ Compensation Albert Betts signed a rule establishing incentives for performance-based oversight for...
I.I.I.’s Hartwig Slated to Wrap Up Texas Agency Management Seminar
Jan 7 2008 // The Independent Insurance Agents of Texas’ 45th Annual Joe Vincent Management Seminar, to be held in Austin Jan. 27 – 29, will feature a motivational presentation by an Olympic speedskater and a rapid-fire wrap...
Guaranty Fund System Continues to Deliver
Jan 4 2008 // At the heart of every property and casualty insurance contract lies a promise to soften the blow of misfortune. But what happens when an insurance company becomes financially troubled, fails and is no longer able to uphold...
Western Security Surplus Texas Adds Market for Nightclubs, Concerts
Jan 4 2008 // Western Security Surplus Texas announced it now has a market for restaurants, taverns, bars, nightclubs, concerts, and gentlemen’s clubs. In the announcement, Ron Klimek, vice president, Marketing and Business...
Vanek Elected President of Texas Fire and Casualty Association
Jan 4 2008 // Greg Vanek of Waco was elected president of the Association of Fire and Casualty Companies in Texas (AFACT) for the 2008-2009 term. Vanek is president and chief executive officer of National Lloyds and American Summit...
Langley to Chair Insurance Council of Texas Board
Jan 3 2008 // The Insurance Council of Texas (ICT) elected Dorothy Langley as chair of its Board of Directors beginning Jan.1, 2008. Langley has been a part of the Unitrin Property & Casualty Insurance Group since 1992. She...
Top Insurance Stories in 2007 in South Central
Dec 31 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
Texas Discount, Interest Rate Set for Jan. 1 – March 31, 2008
Dec 31 2007 // The Texas Department of Insurance, Division of Workers’ Compensation determined that any interest or discount provided for in the Texas Workers’ Compensation Act shall be at the rate of 6.84 percent. This rate...
Texas Enforcement Actions Result in $4.5M in Fines, Restitution
Dec 28 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during November include three license revocations, two license denials, and fines and restitution totaling $4,495,150, the Texas...
Declarations
Dec 23 2007 // The Worst Storm “This is without question the worst ice storm in state history, and it will require a historic response from all levels of government.” —Oklahoma Gov. Brad Henry, following severe ice storms...
The Road to Texas Supreme Court’s Heart: Through the Fifth Circuit
Dec 23 2007 // 2007 was a year in transition for Texas insurance law Omar Bradley often said, “Set your course by the stars and not by the light of every passing ship.” In 2007, the Texas Supreme Court failed to heed this...
Weather blows through top stories of 2007
Dec 23 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
New Markets
Dec 23 2007 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts...
Workers’ Comp Dividend Earned by Petroleum Marketers and Convenience Store Group
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
McGriff, Seibels & Williams’ VP Honored by Texas RIMS Group
Dec 21 2007 // The Dallas-Fort Worth Chapter of Risk and Insurance Management Society (DFW RIMS) named Mark Shults of McGriff, Seibels & Williams as the Distinguished Associate of the Year for 2007. He is vice president and producer...
Study: Texas Homeowners Rates Remained High in 2005
Dec 20 2007 // Texas homeowners insurance premiums stabilized some after legislative reforms in 2003, but two years later were still the highest in the United States, according to a new study released by the National Association of...