Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas DWC Updates Form for Requesting Designated Doctor Exams
Jan 4 2007 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has updated the form for requesting a designated doctor examination in order to comply with the statutory changes made to Labor Code...
Insurer Group to Target Windstorm Funding in Texas
Jan 4 2007 // Texas Windstorm Insurance Association (TWIA) funding issues will be the Property Casualty Insurers Association of America’s (PCI) top legislative priority in its Southwestern region, the insurer group announced. The...
Texas Agent Replaces Gecko Ads with ‘The Middle Man’ Campaign
Jan 3 2007 // The Al versus The Gecko ad campaign has been replaced by “The Middle Man.” According to Al Boenker, CEO of Al Boenker Insurance Agency in North Texas, the term middle man has long been a negative in American...
Texas DWC Sets Discount and Interest Rate for Q1
Jan 3 2007 // The Texas Department of Insurance, Division of Workers’ Compensation has set at 8.46 percent any interest or discount rate provided for in the Texas Workers’ Compensation Act. This rate is computed by using the...
Texas Schedules Workshop on Workers’ Comp Health Care Networks
Dec 29 2006 // The Texas Department of Insurance, Division of Workers’ Compensation will hold a workshop on workers’ compensation health care networks on Jan. 31, 2007. The workshop will take place at the Capitol Auditorium,...
Moore Joins Texas-based BKS Insurance Agency
Dec 28 2006 // BKS Insurance Agency located in Allen, Texas, announced the addition of Annette Moore to its staff. Moore has experience through both the independent agency and direct writer systems and will be managing personal lines for...
Texas Mutual Launches Purchasing Groups for Health Care Industry
Dec 27 2006 // Texas Mutual Insurance Company announced two new purchasing groups: Hospitals of Texas (HOTComp) and Texas Medical Group (TMG). Both groups provide members with a competitive option for their workers’ compensation...
Texas Announces November Enforcement Actions
Dec 27 2006 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during November. The actions include five license revocations, a license denial and fines and restitution...
Texas Law Cuts $32 Million Vioxx Award to $7.75 Million
Dec 26 2006 // A judge in a Texas widow’s lawsuit over the Merck & Co. drug Vioxx last Thursday reduced a $32 million jury award to about $7.75 million so that it conformed to state law. A state jury in April found Merck...
People and Places
Dec 25 2006 // The Independent Insurance Agents of Texas appointed P. Scott Hubacek to the newly created position of IIAT Member Services Ambassador. Hubacek will be responsible for recruiting new members and for helping new and existing...
Hellhole or business haven?
Dec 25 2006 // Texas is improving. The Rio Grande Valley and Texas Gulf Coast slipped to third place on the American Tort Reform Foundation’s (ATRF) 2006 “Judicial Hellholes” report. Last year it landed in the top...
In buying back, what did I buy?
Dec 25 2006 // A look at policy buyback settlements Over the last decade, I have participated in the drafting of dozens of settlement agreements between carriers and insureds commonly called “buybacks of insurance” or simply...
Despite ‘uneventful’ year, there was no escaping catastrophes in 2006
Dec 25 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
It Figures
Dec 25 2006 // $261 Billion The total amount of U.S. tort costs in 2005, according to the 2006 Update on U.S. Tort Cost Trends from the Tillinghast business of Towers Perrin. The amount adds up to about $880 per person, $4 less per...
Editor’s Note: Hellhole or business haven?
Dec 24 2006 // Texas is improving. The Rio Grande Valley and Texas Gulf Coast slipped to third place on the American Tort Reform Foundation’s (ATRF) 2006 “Judicial Hellholes” report. Last year it landed in the top...
Figures
Dec 24 2006 // $261 Billion The total amount of U.S. tort costs in 2005, according to the 2006 Update on U.S. Tort Cost Trends from the Tilling-hast business of Towers Perrin. The amount adds up to about $880 per person, $4 less per...
Top 10 Stories of the Year – South Central
Dec 24 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
