Insurance Council of Texas (ICT) News

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, …

ICT’s Documentary Shows Hurricane Harvey’s Catastrophic Damage

The Insurance Council of Texas (ICT) announced it premiered a new documentary on Hurricane Harvey this week before 1,000 first responders at this year’s Coastal Bend Hurricane Conference in Robstown. The video describes the catastrophic damage and the people who …

More than 3K Broken Pipe Insurance Claims Expected in Texas After Deep Freeze

Several days of subfreezing temperatures resulted in frozen water pipes which are now leaking in homes across Texas. The Insurance Council of Texas says that more than 3,000 insurance claims are expected from policyholders with broken water pipes. The majority …

Texas Southern, Huston-Tillotson Students Receive Insurance Council of Texas Scholarships

The Insurance Council of Texas (ICT) has awarded academic scholarships to two students at Texas Southern University (TSU) in Houston and three students at Huston-Tillotson University (H-T) students in Austin. ICT honored these five students for their success in their …

Fitzpatrick Elected Chair of Insurance Council of Texas Board

The Insurance Council of Texas (ICT) has elected Thomas Fitzpatrick as chair of the ICT board of directors, beginning Jan. 1, 2018. Fitzpatrick has served on the ICT board since 2008 and most recently served as vice-chair in 2016-17. Fitzpatrick …

Texas Insurance Trade Group Adds 3 More Cities to Smoke Alarm Program

The Insurance Council of Texas (ICT) has distributed 2,000 smoke alarms to fire departments in 20 Texas cities this fall during its annual We’re Out to Alarm Texas smoke alarm campaign. This life saving campaign is adding three new cities …

Head of Texas’ Harvey Recovery Effort Says Agents Need to ‘Step Up’ on Damage Claims

The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar. Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to Rebuild Texas, drew a quick response …