Latest Texas Headlines

All the headlines from our Texas Topic Page, ordered by recency.

Protecting residential construction risks with OCIPs

Jul 24 2006 // Residential construction throughout the country surged to an all-time high in 2005, according to the United States Commerce Department. And though economists forecasted a slowing of construction and sales activity in 2006,...

Western states face mold danger despite dry climate

Jul 24 2006 // Contrary to popular belief, climate is not a good gauge for mold risk, according to a ranking of states at risk for mold contamination on commercial and residential property. Areas with dry climates such as Nevada and...

Bid deadline for verification system looms

Jul 24 2006 // The Texas Department of Insurance revised the bid deadline for competitive offers from individuals and/or entities for the establishment of a motor vehicle financial responsibility program in accordance with the terms of...

‘Adequate rate for the risk’ a big concern for industry executives

Jul 24 2006 // The question of how to structure property insurance rates adequately in coastal zones while still making it affordable for people to live and work there is becoming an increasingly important one to insurers and consumers...

IIAT honors Fitzhugh for 60 years of state conference attendance

Jul 24 2006 // Third-generation and longtime Waco independent insurance agent Champe Fitzhugh Jr., was honored in mid-June by his insurance profession’s state association, the Independent Insurance Agents of Texas (IIAT), for...

Texas Denies State Farm Rate Hike

Jul 24 2006 // Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer. State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent...

California, Florida, Texas Lead Nation in Motorcycle Thefts

Jul 24 2006 // California (9,110 thefts) leads the nation in motorcycle theft rates in 2005, with Florida (6,324) following in second, and Texas (5,755)coming in third, according to the National Insurance Crime Bureau. Other states...

Safeco and Its Agents Ready to Help Stranded Texas Select Customers

Jul 24 2006 // Safeco Insurance is working with its 536 independent Texas agents to provide quality replacement homeowners coverage for customers stranded by the failed Texas Select Lloyds company. “With the clock ticking for...

IIAT honors Fitzhugh for 60 years of state conference attendance

Jul 24 2006 // Third generation Waco agent going strong at 89 Third-generation and longtime Waco independent insurance agent Champe Fitzhugh Jr., was honored in mid-June by his insurance profession’s state association, the...

Western states face mold danger despite dry climate

Jul 24 2006 // Contrary to popular belief, climate is not a good gauge for mold risk, according to a ranking of states at risk for mold contamination on commercial and residential property. Areas with dry climates such as Nevada and...

Vesta subsidiaries to be liquidated

Jul 24 2006 // On July 18 the Texas Department of Insurance announced that Vesta Fire In-surance Company (Vesta Fire) and its Texas subsidiary insurance companies were being placed into liquidation. Notices were sent out to agents to...

HIGHER WINDSTORM RATES

Jul 24 2006 // Although many in the insurance industry don’t think they are going up enough, the Texas Windstorm Insurance Association (www.twia.org) is set to raise its rates effective Sept. 1 for new and renewal policies....

Coastal communities only halfway ready for a major storm

Jul 24 2006 // Survey finds Louisiana, Mississippi, Alabama and Georgia most prepared Average insured homeowners throughout Gulf and Atlantic coastal communities have taken just half the steps which would best position them to recover...

People and Places

Jul 24 2006 // Privately owned insurance and risk management firm McQueary Henry Bowles Troy LLP (MHBT), announced that Chuck Hoffmann re-joined the firm’s Dallas office as senior vice president of Personal Insurance...

‘Adequate rate for the risk’ a big concern for industry executives

Jul 24 2006 // The question of how to structure property insurance rates adequately in coastal zones while still making it affordable for people to live and work there is becoming an increasingly important one to insurers and consumers...

Bid deadline for verification system looms

Jul 24 2006 // The Texas Department of Insurance revised the bid deadline for competitive offers from individuals and/or entities for the establishment of a motor vehicle financial responsibility program in accordance with the terms of...

Texas Mutual Expands Lone Star Auto Dealers Group Coverage Program

Jul 21 2006 // Texas Mutual Insurance Company has expanded its Lone Star Auto Dealers (LSA) workers’ compensation purchasing group. The group is now open to franchised motorcycle, RV and boat dealerships as well as franchised auto...

IIAT Names Wagner Territorial Manager for North Texas

Jul 20 2006 // Insurance Agents of Texas has appointed of Dave Wagner as the new territorial manager for North Texas. Wagner will be responsible for marketing IIAT endorsed programs and other membership benefits. “Dave brings a...

Texas Sign Association Earns First Dividend from Texas Mutual

Jul 20 2006 // Texas Mutual Insurance Company announced a $20,255 dividend to the Texas Sign Association (TSA) Comp Group Inc. The workers’ compensation purchasing group, formed in November 2004, earned a dividend in its first year...

CorVel Certified as Texas Workers’ Compensation HCN

Jul 20 2006 // CorVel Corporation announced that its health care network (HCN) has been certified by the Texas Department of Insurance’s Division of Workers’ Compensation. In preparation for its certification, CorVel...