Latest Texas Headlines

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

9 Programs That May Just Fit the Bill

Dec 1 2003 // The December 2002 Insurance Journal “program directory” issue highlighted eight programs that the editorial staff considered to be unique, interesting or tough to find. This year we’ve added one more to...

TxOGA Earns $138K Dividend from Texas Mutual

Dec 1 2003 // Texas Mutual Insurance Company announced that the Texas Oil and Gas Association (TxOGA) received Texas Mutual group dividends worth over $138,000. TxOGA President Robert Looney and Vice President of Financial Affairs Jim...

Brown & Brown of Texas Acquires Benefit Dynamics

Nov 28 2003 // Michael A. Garguilo, president and chief operating officer of Brown & Brown Insurance Services of Texas Inc., a wholly owned subsidiary of Brown & Brown Inc., announced the asset acquisition of Houston-based...

Georgiou Sworn in as TSLA President

Nov 25 2003 // The Texas Surplus Lines Association Inc. announced its slate of officers and directors for 2004 at the group’s forty-seventh annual meeting, held November 17, 2003 at the Four Seasons Hotel in Austin, Texas. The new...

TDI Denies Rate Increase Request by Med-Mal Provider

Nov 25 2003 // Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association...

TDI Denies Rate Increase Request by Med-Mal Provider

Nov 24 2003 // Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association...

Combined Group Offers New High Limit Nonsubscription Policy

Nov 21 2003 // Combined Group (www.combinedgroup.com), a Carrollton, Texas-based managing general agency, announced a new Texas nonsubscription policy, which features an admitted $5 million CSL high limits Comprehensive Employers...

Association Earns $523K Dividend From Texas Mutual

Nov 21 2003 // Texas Mutual Insurance Company President Russ Oliver announced that the Texas Restaurant Association (TRA) received a group dividend from Texas Mutual worth approximately $523,000. According to Oliver, the TRA group...

Malpractice Rates to Go Up for Some

Nov 20 2003 // Despite the passage in September of Proposition 12, which approved a legislative measure designed to lower malpractice insurance rates for doctors, at least two of the five major carriers providing that coverage in Texas...

Republic Names Rush President and CEO

Nov 18 2003 // The Republic Group of Insurance Companies (Republic), based in Dallas, announced it appointed former Chubb executive, Parker W. Rush, as the company’s president and chief executive officer. Rush has been associated...

HELLHOLES IN LA., TEXAS:

Nov 17 2003 // The American Tort Reform Association (ATRA) released a report, “Bringing Justice to Judicial Hellholes 2003,” identifying 13 jurisdictions where it believes the law is consistently applied unfairly. Three of...

The Precarious Role of the Broker in Litigation

Nov 17 2003 // There is a great deal of discussion about the role of insurance agents and brokers in procuring coverage, receiving or providing notice of claims, and accepting premiums. Typically, these discussions, and the accompanying...

Dallas Worker Pleads Guilty to Double-Dipping

Nov 14 2003 // Texas Mutual Insurance Company reported that Ruben Perez of Dallas pleaded guilty to workers’ compensation fraud-related charges and received a two-year deferred adjudication sentence. The court ordered him pay...

Central Texas CPCU Chapter Wins Gold

Nov 13 2003 // The Central Texas Chapter of the CPCU Society (Chartered Property Casualty Underwriters) announced it earned the Society’s Gold “Circle of Excellence” for outstanding achievement during the 2002-2003...

Rules on Credit Scoring Adopted in Texas

Nov 12 2003 // The Texas Department of Insurance announced it adopted initial rules regarding the use of credit scoring by insurers in Texas. TDI said these rules, along with the statutory provisions in Senate Bill 14, are among the...

IIAD’s All Industry Day to Feature Town Hall Meeting on Terrorism

Nov 12 2003 // The Independent Insurance Agents of Dallas announced it will hold the annual All Industry Day on Nov. 25. The event, “Confronting Terrorism, Not If, But When,” is sponsored by state and local insurance...

Texas Appeals Court Upholds Use of Staff Counsel

Nov 11 2003 // A Texas appellate court confirmed the right of insurers to defend their customers with staff attorneys, according to the American Insurance Association (AIA). The insurance trade group said in American Home &...

ATRA Names U.S.’s 13 ‘Judicial Hellholes’

Nov 10 2003 // The American Tort Reform Association (ATRA) released a report, “Bringing Justice to Judicial Hellholes 2003,” identifying 13 jurisdictions where it believes the law is consistently applied unfairly. ATRA said...

Texas’ Underwriters MGA Wages Fight Against GE Re

Nov 3 2003 // Texas-based Underwriters MGA (UMGA), a Texas- based corporation with offices in Hidalgo County, announced it has filed a court petition to reclaim millions of dollars in revenues the company said it lost as a result of...

NO DIMINISHED VALUE IN TEXAS:

Nov 3 2003 // The Texas Supreme Court overturned a lower court ruling and found that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. According to the National...