Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Regional Carriers Zone In on Helping Agents
Jul 21 2003 // When it comes to buying and selling insurance, there is a common thread intertwined in all transactions—service. Whether it be the consumer purchasing auto insurance, or the agent securing the coverage on behalf of the...
Montemayor Confident Reforms Will Level the Field for All Participants
Jul 21 2003 // Texas Insurance Commissioner José Montemayor and the Texas Department of Insurance have a big job ahead of them in implementing the regulatory reforms put in motion by the 78th Texas Legislature. In a recent interview...
Claudette Downgraded to Tropical Storm
Jul 16 2003 // After briefly being considered a hurricane as it neared Baffin Bay to High Island, the National Weather Service relabeled Claudette a tropical storm as it hits South Texas, from Port Aransas to Freeport. The storm with...
Texas Bill Aims to Give Serious Asbestos Injuries Docket Priority
Jul 16 2003 // Legislation easily passed a Texas Senate committee with minor revisions that will cut down the number of asbestos-related lawsuits. The asbestos-related legislation could become the second major lawsuit reform bill passed...
20 States Have Enacted Tort Reforms This Year
Jul 15 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
ICT Reports on Texas’ Costliest and Deadliest Storms
Jul 14 2003 // The Insurance Council of Texas (ICT) today reported the state’s costliest and deadliest storms since 1950. A tropical storm that dropped more than three feet of rain on parts of Houston was the costliest weather...
Anonymous Informant Awarded $1,000
Jul 14 2003 // Texas Mutual Insurance Company announced that, thanks to a recent anonymous tip, it is ready to recover over $8,200 in restitution and save over $26,000 in estimated future income benefits. Additionally, the confidential...
NCOIL Scoring Model Reportedly Garners Support in States
Jul 10 2003 // The reported increasing popularity of the National Conference of Insurance Legislators (NCOIL) Insurance Scoring Model Act and the publication of two significant studies showing an irrefutable link between credit-based...
Texas Company Fined $294K After Deaths of Welders
Jul 10 2003 // Kiewit Offshore Services Ltd., has reportedly agreed to pay $294,000 in penalties related to citations issued by the Occupational Safety and Health Administration for the company’s reported failure to implement...
CAA Member Duncan, Fraser & Bridges Earns ACSR Award
Jul 9 2003 // The Combined Agents of America, LLC (CAA) announced that the Independent Insurance Agents of Texas (IIAT) has awarded CAA member Duncan, Fraser and Bridges Insurance Agency Inc., Pampa, TX, the “Accredited Customer...
Thieves Target Pickups in Texas
Jul 9 2003 // According to the Texas Department of Transportation, American-made pickup trucks are the most popular vehicles for thieves to steal in the state. And those most often stolen are not necessarily new. TxDOT named the General...
Texas Co. With No Employees Found Guilty of WC Fraud
Jul 8 2003 // In late June, Travis County (Texas) District Judge Patrick Keel found that a San Antonio janitorial company reportedly lied about its payroll to get workers’ compensation coverage so it could pursue lucrative...
Real Progress Bodes Well for Regulatory Modernization Efforts
Jul 7 2003 // The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and...
Legislative Reform Measures Discussed at IIAT Conference
Jul 7 2003 // Insurance reforms enacted by the 78th Texas Legislature dominated many discussions at the 106th Annual Independent Insurance Agents of Texas Convention, held June 19-21 in San Antonio. Not only did Lt. Governor David...
P/C SYMPOSIUM IN AUSTIN TO EXAMINE REFORM LEGISLATION
Jul 7 2003 // Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. Three hundred industry representatives plan...
IIAT’s ‘Oscars’: Association Bestows Awards, Celebrates New Leadership
Jul 7 2003 // The Independent Insurance Agents of Texas 106th annual convention, held recently in San Antonio, was a huge success, with record attendance and lots of networking and educational opportunities for attendees. The event was...
Latino Market Heats Up
Jul 7 2003 // It is nearly impossible to deny the impact the burgeoning Hispanic population has and will have on American culture and its markets. The marketplace for insurance is no exception. Hispanics are now the country’s...
Real Progress Bodes Well for Regulatory Modernization Efforts
Jul 7 2003 // The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and...
ICT/AFACT Symposium to Look at Texas Legislation
Jun 27 2003 // Insurance industry officials from around the country will meet July 17 in Austin to discuss insurance reform legislation passed during the 78th session of the Texas Legislature. According to the Insurance Council of Texas,...
Brown & Brown Acquires Texas Agency
Jun 25 2003 // Florida-based Brown & Brown Inc. acquired the assets of Bailey-Gosling Associates Inc., a retail commercial property/casualty insurance agency located in San Antonio, Texas. The acquisition announcement was made...