Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Vanek promoted to CEO of NLASCO
Mar 26 2007 // Affordable Residential Communities closes acquisition of Texas-based insurer Affordable Residential Communities Inc. of Englewood, Colo., closed its previously announced acquisition of Waco, Texas-based NLASCO Inc., a...
U.S. Study Finds Majority of Medical Malpractice Claims Close Without Payment
Mar 26 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
With Acquisition, North Texas Agency has Second Location
Mar 26 2007 // Powter Insurance Agency Inc. of McKinney, Texas, announced it purchased Arlington, Texas-based Anchor Insurance Agency Inc. from Ron Brown. The Arlington location will be Powter Insurance Agency’s second...
TEEN DRINKING — SOUTH CENTRAL STATES
Mar 26 2007 // According to the Pacific Institute for Research and Evaluation costs to states generated by underage drinking include medical care, work loss, and pain and suffering associated with the multiple problems caused by the use...
Teen drinking — a survey
Mar 26 2007 // The Texas Commission on Alcohol and Drug Abuse conducts a Texas School Survey every two years that examines alcohol and drug use among students. The following are highlights from the 2003 survey: In 2002, alcohol was...
People and Places
Mar 26 2007 // Louisiana Workers’ Compensation Corporation (LWCC) hired William B. Bangs IV as vice president of agency relations. In this position, Bangs will plan, direct and coordinate agency relations with insurance agents...
Workers’ Comp, Identity Theft Bills Pass Texas House
Mar 23 2007 // Texas State Rep. Helen Giddings announced that four bills she sponsored that deal with workers’ compensation and identity theft passed the House of Representatives and will proceed to the Senate. The first of the...
Four Indicted in Texas on Workers’ Comp Fraud Charges
Mar 22 2007 // Workers’ compensation insurer Texas Mutual Insurance Company reported that four people were indicted, in separate cases, in Travis County, Texas, on charges of workers’ compensation fraud. The company’s...
Texas Work Comp Rulebook Supplement 2007-01 Available Online
Mar 21 2007 // Rulebook Supplement 2007-01 containing rules adopted by the Commissioner of Workers’ Compensation is available online from the Texas Department of Insurance (TDI), Division of Workers’ Compensation. The...
Texas Arson Hotline Call IDs Pair in Sorority Fire
Mar 15 2007 // A phone call to the Texas State Fire Marshal’s Office Arson Hotline helped fire investigators identify a young man and woman who were believed involved with a fire set inside a University of Texas at Austin...
Allstate Ordered to Reduce Texas Homeowners Rates; Refund $56M
Mar 14 2007 // The Texas Department of Insurance reported that on March 8, 2007, the Travis County District Court affirmed an earlier order by Texas Insurance Commissioner Mike Geeslin requiring Allstate Texas Lloyds to reduce its...
Texas DWC to Host Vendor Demonstrations for Work Comp Participants
Mar 13 2007 // The Texas Department of Insurance, Division of Workers’ Compensation reported it will host eight, two-hour vendor demonstrations on the use of vendor treatment and return-to-work guidelines for disability management...
Number of Texas Job Injuries, Illnesses Requiring Days off Work Drops
Mar 12 2007 // A total of 69,340 nonfatal occupational injuries and illnesses involving days away from work were reported in Texas private industry for 2005 according to the most recent data from the Bureau of Labor Statistics (BLS)...
Guaranty Insurance Services Adds Sears in Arlington Office
Mar 12 2007 // Austin, Texas-based Guaranty Insurance Services Inc., announced the addition of Charles D. “Chuck” Sears to its Arlington, Texas, branch office. Sears has been in the insurance industry for over 28 years and...
What lies ahead for agency compensation? Agents could benefit from incentive pay plans replacing contigent income
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
Business Moves
Mar 12 2007 // Carpenter Moore, USI Southwest Houston-based USI Southwest and Car-penter Moore, a subsidiary of The Nasdaq Stock Market Inc., are partnering to provide executive liability services to public companies in Texas, Louisiana...
My New Markets
Mar 12 2007 // Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general...
What lies ahead for agency compensation?
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
RSI Promotes Ballard to Underwriting Manager for Commercial Lines
Mar 9 2007 // RSI International Inc. announced the promotion of Holly Ballard to commercial lines underwriting manager for their Texas offices. In this newly created position, Ballard will oversee the Commercial Lines Department, and...
Last Person Convicted in Texas Staged Accident Fraud Ring
Mar 9 2007 // The ninth and last defendant in a staged auto accident insurance fraud ring was convicted of Engaging in Organized Criminal Activity in Dallas County District Court on February 27, 2007, the Texas Department of Insurance...
