Texas News

TEXAS LEADS IN WC COSTS

Texas had the highest average total cost per workers’ compensation claim ($14,465) of eight states reviewed in an independent study...

HO BENCHMARK RATES TO RISE

Although the statewide average for homeowners insurance benchmark rates is slated to rise slightly in the coming year, Texas Department...

TWIA SEEKS 13% RATE HIKE

At a recent public hearing held by the Texas Department of Insurance (TDI) on windstorm coverage rates, the Texas Windstorm...

NAPSLO Cancels Annual Convention

The National Association of Professional Surplus Lines Offices cancelled its Annual Convention in San Antonio, Texas, due to the conditions...

Universal Underwriters Lowered

S&P lowered its FSR on Universal Underwriters Insurance Co. and its fully reinsured subsidiary, Universal Underwriters of TX, to “BBBpi”...