Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
NFIB Groups Earn Texas Mutual Dividends
Dec 22 2006 // Texas Mutual Insurance Company announced a $302,815 dividend to the National Federation of Independent Business (NFIB) workers’ compensation purchasing group for the construction industry. The company also announced...
Texas AG Cracks Down on Chemical Plants for Alleged Air Pollution
Dec 21 2006 // Texas Attorney General Greg Abbott’s office announced that Abbott has taken legal action against four Houston-area chemical plants for violating Texas environmental laws. The case is the first in Texas arising out of...
Employers Opens Offices in Arizona, Texas
Dec 21 2006 // Employers, a small business insurance specialist, has opened two new offices: one in Phoenix and the other in Irving, Texas. In Arizona, Employers will offer insurance through Employers Compensation Insurance Co., which...
Houston Nurse Sentenced for Workers’ Comp Fraud
Dec 20 2006 // Texas Mutual Insurance Company reported that a Houston nurse has pleaded guilty to workers’ compensation fraud-related charges. The Travis County 299th Judicial District Court sentenced Brenda Hernandez to five years...
Insurer for Orthodox Church in Texas Settles Abuse Claim
Dec 18 2006 // The insurance company for the Russian Orthodox Church Outside of Russia has settled a claim by a man who says he was abused as a teenager by monks at a monastery in Blanco, Texas. The settlement agreement, which included a...
Ohio State Automobile Mutual to Purchase Beacon Insurance Group
Dec 18 2006 // Columbus, Ohio-based State Automobile Mutual Insurance Co. announced today that, through a wholly-owned subsidiary, it has agreed to acquire the Beacon Insurance Group, headquartered in Wichita Falls, Texas. Closing is...
Seven Indicted for Workers’ Compensation Fraud in Texas
Dec 15 2006 // Texas Mutual Insurance Company reported that seven individuals were indicted, in separate cases, in Travis County on workers’ compensation fraud-related charges. The individuals allegedly collected a combined $31,358...
Texas Work Comp Division Revises Training, Scheduling for Doctors
Dec 14 2006 // The Texas Department of Insurance, Division of Workers’ Compensation announced it has approved new training for designated doctors in the Texas workers’ compensation system while improving the scheduling of...
Kilburn, Reynolds Promoted at PWIB Texas
Dec 13 2006 // Dallas-based PWIB Texas recently announced the promotions of Brett Kilburn and Travis Reynolds. Kilburn, who has been with PWIB Texas since 2004, was named vice president. She previously served as assistant vice president....
Texas Agent Accused of Issuing Bogus Insurance Certificates in La.
Dec 12 2006 // The Louisiana Department of Insurance announced that a Texas insurance agent has been told to cease and desist engaging in allegedly fraudulent insurance activities in Louisiana where he is not a licensed agent. The...
Texas Agents and Empower Insurance Respond to Christmas Wishes
Dec 12 2006 // Texas-based auto insurance provider Empower Insurance Group announced it is teaming up with numerous independent insurance agents across the state to reach out to families in need this holiday season through the Empower...
