Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
People
Aug 6 2007 // The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on...
Commercial Lines Leaders
Aug 6 2007 // About the Commercial Lines Leaders: The Commercial Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only...
Informal, Working Drafts of Texas Medical Fee Guideline Rules Posted
Aug 2 2007 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) posted on its Web site the informal working draft rules concerning medical reimbursements for professional services and workers’...
Lubbock Businessman Appointed to Chair Texas Mutual Board
Aug 1 2007 // Texas Mutual Insurance Company announced that Richard Cooper of Lubbock has been named chair of the company’s board of directors. Cooper replaces Martin Young Jr. of Houston, who served as chair since 1995. Cooper is...
Hub Buys Texas-Based Rigg Group’s Retail, Wholesale Operations
Aug 1 2007 // Hub International Ltd. reports it has agreed to acquire all of the stock of The Rigg Group, Inc., one of the largest Texas-based insurance brokers. The acquisition includes The Rigg Group’s subsidiaries Wm. Rigg Co.,...
Texas’ June Enforcement Actions Result in $190K in Fines, Restitution
Jul 31 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during June resulted in nearly $191,000 in fines and restitution, the Texas Department of Insurance announced. The actions include...
Energy Group Earns 3rd Texas Mutual Dividend
Jul 30 2007 // Texas Mutual Insurance Company announced a $72,147 dividend to the Lone Star Energy (LSE) purchasing group. The dividend was based largely on the group’s premium volume and loss ratio. LSE has earned more than...
Texas Mutual Pays $125M in Dividends
Jul 26 2007 // Texas Mutual Insurance Company announced it is distributing approximately $125 million in individual policyholder dividends, the largest in the company’s history. Approximately 37,500 employers, representing about 79...
Central Texas CPCU Society Chapter Names New Officers
Jul 25 2007 // The Central Texas Chapter of the Chartered Property Casualty Underwriters (CPCU) Society announced the newly elected officers for 2007-2008. The new officers are: President – Stephanie Harvey, senior underwriter of...
Texas Workers’ Comp Stakeholder Meeting Set for Aug. 1
Jul 25 2007 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) announced it will hold a stakeholder meeting at 9:30 a.m. on Aug. 1, 2007, to allow for comment on informal working draft rules concerning...
Republic Promotes Lawson, Adds Gonzalez
Jul 24 2007 // Dallas-based The Republic Group announced two key personnel appointments. Ron Lawson was promoted to vice president – Personal Lines and Tony Gonzalez joined Republic, succeeding Lawson as assistant vice president,...
Hundreds Turn Out for Asbestos Screening in Dallas
Jul 24 2007 // More than 500 current and former residents of a West Dallas, Texas, neighborhood that was home to a vermiculite plant showed up for a recent asbestos screening, officials said. Parkland Memorial Hospital used a $250,000...
My New Markets
Jul 23 2007 // Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and...
Congress gets serious about surplus lines insurance reform
Jul 23 2007 // Legislation passes House, heads for the Senate; but not all in the industry think it’s the answer as now written Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House...
My New Markets
Jul 23 2007 // Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and...
Business Moves
Jul 23 2007 // Republic, Southern States General Agency Dallas-based Republic Companies Inc. (Republic) acquired Southern States General Agency Inc. (SSGA) from Unitrin Inc., effective July 9. SSGA President Mickey Slaughter and his team...
News Currents
Jul 23 2007 // Agents question SDR on Texas Select unearned commissions policy The Special Deputy Receiver (SDR) for Texas Select Lloyds, in response to a request from the Independent Insurance Agents of Texas for clarification on the...
South Texas counties at odds with FEMA over maps
Jul 23 2007 // Hidalgo County, Texas, officials are moving to block the release of an updated Rio Grande flood plain map that would force property owners to buy flood insurance. The Federal Emergency Management Agency plans to release...
News Currents
Jul 23 2007 // Texas approves $1 billion in reinsurance for windstorm pool The Texas Windstorm Insurance Association (TWIA) in early June submitted a proposal to the Texas Department of Insurance for the purchase of $1.5 billion in...
People
Jul 23 2007 // Richard S. “Dick” Gieger, general counsel of the law firm of Thompson, Coe, Cousins and Irons, was presented the Raymond Mauk Leadership Award on July 12 in Austin, Texas, at the 15th Annual Mid-Year Property...
