Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
I.I.I.’s Hartwig: Texas P/C Market Profitable Along with Rest of U.S.
Feb 5 2008 // The last few years have been good ones for the property casualty insurance industry in terms of profitability. But it’s been a long time coming, according to Robert Hartwig, president of the Insurance Information...
Universal North America to Acquire Policies from Houston General
Feb 5 2008 // Universal North America Insurance Company, with corporate offices in Texas and Florida, has agreed to acquire the renewal rights to approximately 11,500 policies from the personal lines portfolio of Canton, Mass.-based...
BancorpSouth Insurance to Buy JMG/IC Insurance of Texas
Feb 4 2008 // BancorpSouth Insurance Services, Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Miss., has agreed to acquire the Nacogdoches, Texas — based JMG/IC Insurance Agency, Inc. The effective date of the...
Corpus Christi, Texas, Police to Impound Uninsured Drivers’ Cars
Feb 4 2008 // The Corpus Christi Police Department will start impounding the cars of uninsured drivers, officials said. About one in three Nueces County, Texas, drivers are uninsured, compared to about one in five statewide, Chief Bryan...
Spring 2008 Texas Workers’ Comp Seminars to Focus on Change
Feb 4 2008 // The Insurance Council of Texas (ICT) will host seminars in Austin and Dallas in April to focus on developing issues impacting the Texas workers’ compensation system. The 2008 Workers’ Compensation Spring...
Fires Flare in Texas While Cleanup Starts on Burned Homes, Businesses
Feb 1 2008 // A day after wildfires burned almost 30 square miles across Texas, a few more blazes sprang up Jan. 30 while victims sifted through the charred remnants of their homes. Gary Karr spent the day moving debris from his...
TDI December Enforcements Result in Nearly $1.6M in Fines, Restitution
Jan 31 2008 // Enforcement actions taken by the Texas Department of Insurance December 2007 resulted in eight license revocations, four license denials, and fines and restitution totaling $1,591,264, the department reported. An order...
States Aim to Prevent Residential Fires by Requiring ‘Fire Safe’ Cigarettes
Jan 31 2008 // Movies – think Lauren Bacall and Humphrey Bogart in “The Big Sleep” – often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In addition to being a leading...
Police: Volunteer Set Fire to Texas Radio Station Over Playlist
Jan 30 2008 // A volunteer at a community radio station in Austin, Texas, set fire to the station because he was upset that his song selections for an overnight Internet broadcast were changed, police said. Paul Webster Feinstein, 24,...
AIG Pays $12.5M to Settle with States Over Bid-Rigging Allegations
Jan 29 2008 // American International Group, Inc. (AIG) confirmed today that it has reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and...
Judge Sanctions Texas Mutual, Company to Appeal Decision
Jan 27 2008 // The judge’s “sanctions order is simply wrong. Texas Mutual did not falsify any documents, did not deceive the court, and did not take any improper actions to gain an advantage.” Texas Mutual Insurance...
New Markets
Jan 27 2008 // 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. Three Year Policies — EPLI Nuts &...
ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims
Jan 27 2008 // U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the...
Texas Updates Online Workers’ Comp Proof of Coverage Information
Jan 25 2008 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) has updated its employer proof of coverage information available through the agency Web site. The coverage database will now be refreshed...
Texas Windstorm Issues Focus of Public Hearing Jan. 29
Jan 25 2008 // The Texas Department of Insurance will hold a public hearing on Jan. 29 to consider proposals by the Texas Windstorm Insurance Association that concern both residential and commercial properties. TWIA is requesting...
Texas AG Gives Conditional Approval to Enhanced Driver’s Licenses
Jan 24 2008 // Attorney General Greg Abbott has given conditional approval to a state plan to create driver’s licenses that store citizenship information for faster and easier border crossings. Abbott’s ruling said the...
National Insurance Partners Opens San Antonio Office
Jan 23 2008 // National Insurance Partners (NIP) reported it has opened an office in San Antonio as part of the firm’s effort to expand product offerings and its presence in the Texas marketplace. Melinda Garren was brought on as...
State Auto Middle Market Open House to Celebrate Move to Texas
Jan 22 2008 // Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the...
MetLife Auto & Home to Expand Texas Homeowners Line, Agency Force
Jan 15 2008 // MetLife Auto & Home plans to introduce a new enhanced homeowners insurance program in the state of Texas, the company announced. Under the MetLife Auto & Home Residential Property Program (RPP), agents can work...
TDI to Hold Public Hearing on Dispute of Medical Bills Rules
Jan 15 2008 // The Texas Department of Insurance Division of Workers’ Compensation will hold a public hearing on Feb. 4, 2008, regarding dispute of medical bills rules. The hearing will take place in the Tippy Foster Room at 7551...
