Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
PacifiCare of Texas Signs MOU with Texas AG & TDI
Mar 24 2003 // PacifiCare Health Systems Inc. announced its subsidiary PacifiCare of Texas, without admitting any wrongdoing, entered into a binding memorandum of understanding (MOU) with the Texas Department of Insurance (TDI) and the...
Cooperative Agencies Can Increase Bottom Line
Mar 24 2003 // Whether you are trying to access major carriers’ markets for hard-to-place risks, find a way to brand your agency, or tap into the expertise of other veteran agents, a cooperative may be the way to go. Clusters,...
Study Says Lower Scores Mean Higher Loss Claims
Mar 24 2003 // The lower a named insured’s credit score, the higher the probability that the insured will incur losses on an automobile insurance policy, and the higher the expected loss on the policy.” That’s the...
Agency Cooperatives Can Boost Bottom Line
Mar 24 2003 // Whether you are trying to access major carriers’ markets for hard-to-place risks, find a way to brand your agency, or tap into the expertise of other veteran agents, a cooperative may be the way to go. Clusters,...
Clarifying ‘Election of Remedies’ in Workers’ Comp Claims
Mar 24 2003 // In a flurry of recent cases, Texas courts have tried to clarify various issues regarding election of remedies in the context of workers’ compensation insurance. These issues arise in various circumstances. Two...
Control of Medical Costs in Texas Workers’ Comp System is Vital
Mar 24 2003 // Texas is a king size state with king size problems regarding medical care costs in its workers’ compensation system. However, Texas’ workers’ compensation system is not alone in facing escalating medical...
Is the Economy Driving the Sub-Standard Auto Market in Texas’
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance? Not quite, but it is my opinion that we are closing in. Although insurance company annual statements do not...
TEXAS JOINS MW CE ZONE
Mar 24 2003 // TDI announced the state has entered into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating state will be accepted by other...
AAIS Gains Approval in Texas for Homeowners Forms
Mar 21 2003 // Property/casualty insurers that write homeowners insurance in Texas can now use policy forms developed by the American Association of Insurance Services (AAIS). AAIS is a national advisory organization that develops forms...
Compass Bancshares Acquires Texas Agency
Mar 18 2003 // Birmingham, Ala.-based Compass Bancshares Inc. recently expanded its agency base with the acquisition of Maxson-Mahoney-Turner Inc. of Dallas, Texas. According to Compass, Maxson-Mahoney-Turner, established in 1915, has...
FAIR Plan Open to All Texas P/C Agencies
Mar 18 2003 // The Texas Department of Insurance announced that the Texas FAIR (Fair Access to Insurance Requirements) is now open to all licensed property and casualty insurance agencies in the state. The FAIR plan, the state’s...
USG Opens Arlington, Texas Office
Mar 18 2003 // USG Insurance Services Inc. opened a new branch in Arlington, Texas, and plans to celebrate with an open house on April 3rd. The Texas operation, at 690 E. Lamar, St. 580, Arlington, Texas 76011, will be called USG...
Trio of Assurex Global Agencies Choose XDimensional Technologies’ Agency Mgt. System
Mar 17 2003 // Nexsure, the industry’s first 100 percent web-architected agency management system based on the Microsoft .NET platform, has been selected as the office automation system by three members of the Assurex partnership...
Chubb Faces Asbestos Exposure Complaints in Texas
Mar 12 2003 // The Dow Jones Newswire reported that several complaints have been filed in Texas district courts against Chubb Corp. that allege Chubb Indemnity and unaffiliated insurers conspired to conceal risks associated with asbestos...
Texas Joins Midwest Zone for CE Reciprocity
Mar 12 2003 // The Texas Department of Insurance announced the state has joined into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity. With some exceptions, a course approved by a participating...
WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It
Mar 11 2003 // WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It A Paperback Original By Vicki Lankarge What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback) is the complete guide...
What Every Home Owner Needs to Know About Mold
Mar 11 2003 // What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback by Vicki Lankarge) is the complete guide to dealing with mold in your home – the asbestos of the new millennium. Toxic mold...
There’s Always the Weather
Mar 10 2003 // People who live in Texas, Oklahoma, Arkansas and Louisiana are rarely at a loss for words. But if they’re ever in need of an exciting topic to liven up a dinner party they can talk about the weather. After all,...
Insurance Still on the Table at the 78th Texas Legislature
Mar 10 2003 // As promised, the 78th Texas Legislature is on a roll with insurance reform, with one bill having been signed into law and many more in committees or on their way to the House and Senate floors. Among the proposed...
TDI Seeks to Return $7 Million to Members Mutual Policyholders
Mar 7 2003 // The Texas Department of Insurance is searching for 33,000 Texans, each of whom has a $209.50 check coming as his or her piece of a small insurance company that failed in 1992. According to TDI about $7 million will be...