Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
School Rules For the New Millennium
Jun 26 2000 // Today, there are roughly 51.5 million public and private school students and 3 million teachers in the United States, according to the NationalSchool Boards Association. And although these schools are scattered across the...
INSURERS AGREE TO REFUNDS
Jun 26 2000 // GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under...
TDI Launches Probe Into Race-Based Pricing of Small Life Policies
Jun 26 2000 // The Texas Department of Insurance is surveying insurers selling “industrial life” and similar small life insurance policies to determine if any are charging African-Americans higher premiums than others. TDI...
Texas Holds Its Own in Insurance Rates
Jun 26 2000 // A closer inspection of NAIC auto premium data reveals something much different than what the consumer media reported When the National Association of Insurance Commissioners released its 2000 report, State Average...
High-Stakes Hurricane Season Arrives
Jun 12 2000 // Residents along the East and Gulf Coasts and in the Caribbean Islands should brace for an above-average 2000 Atlantic hurricane season on par with last year’s season. Forecasters with both the National Oceanic and...
Agent Associations Bridge the GAP BetweenTradition and Technology
Jun 5 2000 // The IIAT and IIAA have the arduous task of integrating a century of traditional service with a new evolution of business and technology. And while many things are changing, much remains the same. For over 100 years, small...
Agent Indemnification: How Not to Get Burned
Jun 5 2000 // Once in a blue moon, the Supreme Court of Texas decides a case that squarely pertains to insurance agents. On April 20, 2000, Justice Alberto Gonzales, writing for a unanimous court, decided an odd one, with potential...
Fitzhugh & Co. Agency Sells to Former National Lloyds COO
Jun 5 2000 // One of Texas’ oldest insurance agencies, created by one of the founding fathers of the association now known as the Independent Insurance Agents of Texas, has been sold by the founder’s 83-year-old grandson,...
Texas Independent Agents to Gather in Dallas for IIAT ConventionSpecial tracks for young agents, C
May 15 2000 // The Independent Insurance Agents of Texas’ annual convention kicks off June 8-10 at the Wyndham Anatole Hotel in Dallas. The opening day will include a full lineup of innovative and practical workshops presented by...
Agency Management Systems In Their Own Words
May 15 2000 // Very few agencies tell short stories about agency management systems. It’s usually more of a trial-and-error tale that includes a series of purchases, regret and, in many cases, a happy ending that is contingent on...
On the Road: Insuring RVs
May 1 2000 // It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver, bullet-shaped...
Mergers & Acquisitions
May 1 2000 // Brown & Brown, Cornwall & Stevens In an effort to increase its strength in the agriculture area, Brown & Brown Inc. recently acquired nearly all of the assets of Cornwall & Stevens Southwest. Cornwall...
Insuring RVs
Apr 24 2000 // It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers. In the 1950s, those silver,...
Personal WatercraftExpanding the Appeal of Boat Coverage
Apr 24 2000 // Both the marine industry and the insurance industry have witnessed a surge in recreational boating, from mega-yachts to personal watercraft (PWC), over the past few years. According to U.S. Coast Guard estimates, there...
Negligent Misrepresentation-Part II
Apr 24 2000 // Editor’s note: The first portion of this article appeared in our April 10 issue, page 28. The tort of negligent misrepresentation protects commerce from loss-producing, negligently supplied misinformation. It is...
National Class-Action Filed Against Prudential; Seeks Similar Remedy To Texas Decision
Apr 14 2000 // A federal class-action lawsuit filed this week against Prudential Insurance and its healthcare subsidiaries may affect several million people across the U.S. who are participants in, or beneficiaries of, Prudential...
SAFECO Launches High-Risk Auto Program in Texas
Apr 10 2000 // SAFECO has launched a new high-risk auto product in Texas called insurQuest, offering agents a multi-tiered compensation program including fee commissions. “With insurQuest, SAFECO’s agents who sell customers...
Who Wants Workers’ Comp’
Apr 10 2000 // Employees covered under traditional workers’ comp waive their right to sue for on-the-job injuries. Two Amarillo court cases extend the waiver to non-subscriber companies. Could this change the worker’ comp...
PEOs Change Focus by Courting Agents as Partners, not Customers
Apr 10 2000 // As much as 10 years ago, independent insurance agents were being courted by professional employer organizations (PEOs), which viewed the small structure of agents’ offices as ripe for their human resources...
Managed Care Organizations Aim to Send Workers Back to Work
Apr 10 2000 // When managed care was introduced to the workers’ comp arena in the 1980s, it promised to be the cure-all for a system suffering astronomical costs and premiums. Today, the atmosphere of workers’ comp in Texas...
