Latest Texas Headlines

All the headlines from our Texas Topic Page, ordered by recency.

Risk Strategies Acquires Texas’ MainStreet Consulting Group

May 29 2019 // Boston-based insurance brokerage and risk management firm Risk Strategies has acquired MainStreet Consulting Group, a brokerage headquartered in Conroe, Texas, just north of Houston.Terms of the deal were not disclosed....

Texas Rubber Company Faces $530K in Penalties for Safety Violations

May 29 2019 // Federal safety officials have levied more than a half a million dollars in penalties against a Texas rubber products company for multiple workplace safety violations.The U.S. Department of Labor’s Occupational Safety...

Texas Surplus Lines Brokers Can Now Input Policy Limit Info Into EFS

May 28 2019 // Agents and brokers can now input policy limit information directly into the Surplus Line Stamping Office of Texas’ (SLTX’s) Electronic Filing System (EFS).A new field has been added to the system to allow input...

Texas Would Lose Billions if Another Major Storm Hits Coast, Report Says

May 28 2019 // Housing sales in Texas would drop, gasoline prices would increase and the state would lose hundreds of billions of dollars in economic output if another major storm struck an unprotected coastline, according to a new...

Texas Windstorm Insurer Withdraws 10% Rate Increase Filing

May 28 2019 // Texas’ property insurer of last resort for wind and hail along the Texas coast voted at a May 24, 2019, meeting of its board of directors to withdraw a 10% rate increase filed last year that was subsequently put on...

FAA ‘Very Encouraged’ by Talk with World’s Regulators on Grounded Boeing 737

May 24 2019 // The chief U.S. aviation regulator said he was very encouraged by a one-day discussion with his counterparts from around the world on the steps needed to return Boeing Co.’s grounded 737 Max jetliner to service,...

Texas Insurance Department: Continuing Ed Service for Agents, Adjusters Improved

May 23 2019 // A year ago, it took months for insurance agents and adjusters to get continuing education transcripts, course credit and other information from the Texas Department of Insurance. Today, it takes about two weeks, according...

Texas Environmentalists Plan Pollution Lawsuit Against Valero

May 23 2019 // Three Texas environmental groups have notified Valero Energy Corp. of plans to file a lawsuit under the U.S. Clean Air Act for pollution at the company’s Port Arthur, Texas, refinery, the organizations...

Surplus Lines Insurance Bills Sent to Texas Governor

May 23 2019 // Two pieces of legislation impacting the surplus lines insurance industry in Texas have been passed by state lawmakers and are headed to the governor’s desk, the Surplus Lines Stamping Office of Texas (SLTX)...

Testimony Ends in Texas Suit over Harvey-Related Overflow Dams, Floods

May 22 2019 // Testimony has ended in the lawsuit by some Texas residents seeking U.S. government compensation after their land flooded when two federally owned reservoirs overflowed during Hurricane Harvey.Testimony wrapped up Friday in...

Brinson, Myers, Milvo Named to Texas Surplus Lines Office Board

May 22 2019 // Teri Brinson, Randy Myers and Leslie Milvo have been named to the Surplus Lines Stamping Office of Texas (SLTX) board of directors, with three-year terms set to run through Dec. 31, 2021.Brinson is vice president at LP...

Texas House OKs Bill to Spend More Than $3B for Flood Control Projects

May 22 2019 // Nearly two years after Hurricane Harvey ravaged the Texas coast, the Texas House approved legislation that would pull more than $3 billion from the state’s rainy day fund to help pay for flood control projects...

Texas Moves Against Unlicensed Georgia Firm Selling Health Insurance Plans

May 21 2019 // The Texas Department of Insurance (TDI) has filed an action to stop Georgia-based Aliera Healthcare from selling health insurance in Texas without a state license.The public hearing will begin at 9 a.m. May 28 at the State...

Texans in Congress Push for Release of Billions in Federal Harvey Aid

May 21 2019 // After urging the Trump administration for over a year to release billions in long-awaited disaster relief funding to Texas and other disaster-affected states to no avail, Texans in Congress are now taking more aggressive...

Tornadoes Rake Texas, Oklahoma, Plains

May 20 2019 // A spate of tornadoes raked across the Southern Plains, leaving damage and causing few injuries, and parts of the region were bracing for more severe thunderstorms and possible flooding.Twisters destroyed at least two homes...

People

May 20 2019 // Allianz Global Corporate & Specialty (AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head of HML....

Austin Association of Insurance Professionals Installs 2018 Officers And Directors

May 17 2019 // The Austin Association of Insurance Professionals held their 2019 installation dinner on Tuesday at Balcones Country Club in Austin, Texas.The 2019/20 officers and directors for AAIP were installed. In addition, the AAIP...

Bills Proposing Climate Change Studies Stall in Texas Legislature

May 17 2019 // A few months before this year’s biennial legislative session, a report commissioned by Gov. Greg Abbott on lessons learned from Hurricane Harvey declared a dire need to “future-proof” the state.Some...

Burns & Wilcox Hires Garcia as Marketing Director in Texas

May 16 2019 // Wholesale insurance broker and underwriting manager, Burns & Wilcox, has added Saul Garcia to its management team as director of Marketing in Texas.The new role was created to support the company’s recent growth...

Gymnasts to Texas Lawmakers: Allow Sex Abuse Victims to Sue Institutions

May 16 2019 // Former U.S. national team gymnasts backing a Texas bill that would allow victims of sexual abuse more time to sue in civil court on Monday urged the state’s lawmakers to restore a key provision allowing those...