Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
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...
North Texas Region Pummeled by Large Hail, Tornadoes
May 26 2020 // Storms carrying large hail and damaging winds, including tornadoes, caused severe damage to parts of North Texas, officials said on May 23. The town of Bowie, about 65 miles (105 kilometers) northwest of Fort Worth, was...
Texas Insurer Germania Extending Auto Premium Paybacks Through June
May 22 2020 // Texas-based farm mutual insurance company, Germania Insurance, is extending its Reduced Driving Payback through June, raising its total reimbursement to policyholders to nearly $9 million in credits. Germania announced its...
Texas Agency Sleeper Sewell Insurance Joins Insurors Group
May 22 2020 // Dallas-based independent insurance agency, Sleeper Sewell Insurance, has joined Insurors Group LLC, an alliance of independent insurance agents in Texas. Sleeper Sewell Insurance was originally founded as Dwight Sleeper...
Suit: ADT Employee Spied on Texas Customers Via Home Security Systems
May 21 2020 // Two federal class-action lawsuits have been filed against ADT, one of the largest security companies in the country, alleging that an employee spied on customers and children in Texas over a seven-year period through their...
TDI Says License Renewal Extension Ends May 31; Issues Cat Area Data Call
May 20 2020 // The Texas Department of Insurance has issued a reminder to agents and adjusters that the extension to renew resident licenses and complete continuing education due to the COVID-19 crisis ends May 31. For licenses that...
Navigating today’s uncertain insurance climate using Automation. How one company is helping Texas Agents figure it all out!
May 20 2020 // West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for...
