Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Man Sentenced to 78 Years in Prison for Arson, Insurance Fraud
Jun 16 2020 // A 52-year-old Groves, Texas, man has been sentenced to 78 years in federal prison for violations related to an arson and insurance fraud scheme, according to the U.S. Attorney’s Office for the Eastern District of...
Texas Returning to Normal Temporary Agent License Process on Aug. 15
Jun 16 2020 // The Texas Department of Insurance will return to normal processing for temporary agent licenses beginning on Aug. 15. Anyone with a temporary license issued August 15 or earlier will have until Nov. 13 to get a regular...
Business Moves
Jun 15 2020 // East Alera Group, Georgetown Insurance Services Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired Georgetown Insurance Service Inc. The Georgetown...
People & Places
Jun 15 2020 // National Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle...
Lexington Insurance Wins Texas Battle of Hurricane Harvey Deductibles
Jun 15 2020 // In a case of competing deductibles, a federal appeals court has sided with an insurer and against the owner of two Houston office buildings, holding that a larger windstorm deductible applied to flood damage caused by...
Analysis: Casting Nervous Looks at COVID-19 Numbers as Texas Opens Up
Jun 12 2020 // Texas Gov. Greg Abbott didn’t predict that the number of COVID-19 cases would fall as the state allowed businesses and cultural centers to reopen. In fact, he said allowing more people back into public places could...
Texas Surplus Lines Premium Amount Increases Again in May
Jun 12 2020 // The amount of surplus lines premium reported in Texas in May 2020 was nearly $100 million higher than reported in the same month last year, according to the Surplus Lines Stamping Office of Texas (SLTX). In May 2020,...
Texas, Louisiana, Florida Most at Risk of Natural Disasters: ValuePenguin
Jun 10 2020 // That Texas, Louisiana and Florida top the list of states that are most vulnerable to natural disasters is probably a finding of a recent study that will come as no surprise to folks who live in those states. Another likely...
Texas’ Aransas County to Get $43M More in Harvey Recovery Funds
Jun 9 2020 // Aransas County on Texas’ Gulf Coast where Hurricane Harvey made landfall in August 2017 will receive an additional $43 million for its continuing recovery from that devastating storm. Texas Land Commissioner George...
As Texas Grapples with Pandemic, Officials Prepare for Hurricane Season
Jun 8 2020 // More hurricanes and tropical storms than usual could make landfall in the United States this summer, forecasters predict. That is sending Texans and officials who are increasingly facing severe weather events scrambling to...
Texas Workers’ Comp Division Issues Data Call for COVID-19 Injuries
Jun 2 2020 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has issued a mandatory data call for certain information related to COVID-19 injuries reported to selected insurance carriers on or after...
Lexington Insurance Wins Texas Battle of Hurricane Harvey Deductibles
Jun 1 2020 // In a case of competing deductibles, a federal appeals court has sided with an insurer and against the owner of two Houston office buildings, holding that a larger windstorm deductible applied to flood damage caused by...
Texas Windstorm Insurer Lays Out Funding Plan for 2020 Hurricane Season
Jun 1 2020 // The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the...
Business Moves
Jun 1 2020 // National Altamont Capital, Topa Insurance The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas,...
Texas Windstorm Insurer Outlines Funding for 2020 Hurricane Season
May 29 2020 // The board of directors of Texas’ property insurer of last resort for wind and hail in the state’s coastal counties in February set a goal of $4.2 billion in catastrophe funding for 2020. At a meeting of the...
WSS Hires Easley as Sr. Broker/Underwriter in Texas
May 29 2020 // WSS, a member of XPT Group, a specialty insurance distribution company, has added Meghan Easley as senior broker/underwriter in its Plano, Texas, office. Easley brings 15 years of industry experience, most recently in...
OSHA Cites, Fines Texas Chemical Plant Owner $514.6K After Explosions, Fire
May 28 2020 // A chemical manufacturer has been cited by federal officials for workplace safety hazards and fined more than $500,000 after a fire and explosions at its Port Neches, Texas, plant in November 2019. The U.S. Department of...
Texas Unemployment Rate Hits 12.8% in April, Worst on Record
May 27 2020 // The state’s April jobless rate was 12.8% — Texas’ worst monthly tally on record. That number, included in the Labor Department’s monthly report released on May 22, is the government’s clearest and...
Texas Windstorm Insurer Files Replacement Cost Policy Form Revisions
May 27 2020 // The Texas Windstorm Insurance Association has filed the following revised endorsements with the Texas Department of Insurance for approval: Revised Endorsement No. 164 – Replacement Cost Coverage – Coverage A...
Texas DOI Takes Over More Windstorm Compliance Certifications on June 1
May 26 2020 // The Texas Department of Insurance will soon be taking on additional responsibility for issuing Certificates of Compliance for coverage from the state’s insurer of last resort for wind and hail for properties in areas...
