Insurance Council of Texas (ICT) News

Texas Workers’ Comp is Growing, Profitable, Adding Doctors

Texas’s worker’s compensation market is stable and steadily growing. The workers’ compensation market is one of the few consistently profitable lines in the state, according to the Worker’s Compensation Annual Report 2024 from the Insurance Council of Texas. Texas has …

State Farm Campaign Aims to Provide Smoke Alarms to 1,300+ Texas Homes

State Farm will provide smoke alarms to more than 1,300 Texas homes during the Out to Alarm Texas 2024 campaign, the Insurance Council of Texas shared. The initiative was created in 2005 as a way mitigate the loss of life …

Insurance Council of Texas Offers Tips for Hurricane Preparation

With June marking the start of 2024 Atlantic Hurricane Season, the Insurance Council of Texas (ICT) is reminding residents of steps to take to prepare for hurricanes. The National Oceanic and Atmosphere Administration (NOAA) has predicted an above-average hurricane season …

State Farm Awards ICT $40,000 Grant to Promote Education Programs in Texas

State Farm Insurance has awarded the Insurance Council of Texas (ICT) with a $40,000 grant to promote and develop education programs throughout the state. ICT will use the grant to grow its multiple public service and educational campaigns to inform …

People Moves: Biggs Joins Oklahoma Workers’ Comp Commission; Alliant Adds Soto, Hargrave in Texas; ICT Hires Johnson

Biggs Joins Oklahoma Workers’ Comp Commission The Oklahoma Workers’ Compensation Commission (WCC) added Scott Biggs as its newest commissioner. The WCC and its three commissioners are tasked with carrying out the adjudicative, administrative, and regulatory functions of the Administrative Workers’ …

Texas Insurer Trade Group, Industry Partners Donating Alarms to Local Fire Departments

The Insurance Council of Texas (ICT), along with insurance industry partners First Alert, Travelers Insurance, State Farm Insurance, Hochheim Prairie and the Association of Fire & Casualty Companies in Texas, will donate over 2,500 smoke alarms to 36 Texas fire …

ICT to Begin Annual Texas ‘Hurricane Tour’

The Insurance Council of Texas (ICT) is set to launch its annual “hurricane tour” aimed at reminding coastal residents to be ready in case a hurricane or tropical storm should make landfall this year. Beginning on Aug. 20, ICT’s Mark …

TWIA Board OKs Additional $106.8M Insurer Assessment for Harvey Losses

The Texas Windstorm Insurance Association (TWIA) board has unanimously approved an additional Class 1 member assessment of $106.8 million for Hurricane Harvey losses, the Insurance Council of Texas (ICT) reported. The newly approved assessment follows the $175 million assessment OK’d …

Texas Insurers’ Trade Group Honors Gerik with Raymond Mauk Award

The Insurance Council of Texas (ICT) has honored Mike Gerik, executive vice president at the Texas Farm Bureau Mutual Insurance Co., with the 2018 Raymond Mauk Leadership Award. ICT presented the Mauk Leadership Award to Gerik during its 26th Annual …

Insurance Council of Texas Hosting ‘Speed Interview’ Student Recruiting Event

The Insurance Council of Texas (ICT) in July will host what the association says is its largest student recruitment event ever held for insurance and risk management students. ITC’s 3rd Annual Speed Interview and Network Session takes place on Thursday, …