All the headlines from our Texas Topic Page, ordered by recency.
Jul 18 2017 // A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in...
Jul 17 2017 // Authorities say about 50,000 gallons of crude oil spilled after a contractor accidentally cut an underground pipeline in Central Texas.A spokesman for Magellan Midstream Partners, Bruce Heine, says the contractor was...
Jul 13 2017 // The Insurance Council of Texas (ICT) awarded Lyndell Haigood, former regional vice-president for governmental relations at State Auto, with the 2017 Raymond Mauk Leadership Award.Haigood is the 20th recipient of the award,...
Jul 13 2017 // San Antonio-based managing general agent and excess and surplus (E&S) lines broker, McClelland and Hine Inc. (MHI), has promoted Lisa Barnes to the position of chief operating officer, and named Amicia Hine president...
Jul 12 2017 // Conifer Holdings, headquartered in Michigan, has agreed to sell the book of HomeValue business produced through Sycamore Insurance Agency to Texas-based RHP General Agency Inc.As part of this renewal rights transaction,...
Jul 11 2017 // Property/casualty wholesaler, U.S. Risk Insurance Group LLC, has acquired Texas-based IMS London American Brokerage and Underwriting Services.IMS President Larry Mennes has been named president of U.S. Risk’s...
Jul 11 2017 // A former Texas businessman was sentenced to seven years in prison and ordered to repay nearly $4 million in an insurance scam targeting a British company.Federal prosecutors say 66-year-old Wesley Michael Woodyard was...
Jul 10 2017 // Experts say the mild Texas winter hampered this year’s peach crop in parts of the state.The North Texas harvest appears to be bountiful, but growers in some other areas of the state faced challenges, the Fort Worth...
Jul 10 2017 // Dallas, TX, July 10, 2017— U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property & Casualty wholesaler, announced today that it has acquired IMS London American Brokerage and Underwriting Services...
Jul 10 2017 // Kansas City-based insurance broker Lockton has named Jeff Henningsen as president of its Houston property/casualty insurance operation.Henningsen will take on an expanded leadership role in business development for the...
Jul 6 2017 // The Texas Department of Insurance – Division of Workers’ Compensation is accepting comments through July 7 on an informal draft rule that requires compounded drugs to be preauthorized.The draft rule was created...
Jul 5 2017 // Wind and hail loss information for 2016 released recently by the Texas Department of Insurance (TDI) show that homeowner losses from hail in Texas were the highest annual losses ever recorded, as they exceeded $5 billion,...
Jun 30 2017 // Fort Worth, Texas-based Higginbotham has partnered with the Jeannette Blanton Insurance Agency Inc., a branch office of Dallas-based Independent Insurance Group Inc.Jeannette Blanton Insurance is located in Ennis, Texas....
Jun 29 2017 // Meloney Perry, founder of the Dallas-based insurance defense law firm Perry Law P.C., has been elected as the 2017-18 chair of the Insurance Law Section of the State Bar of Texas.The state bar’s Insurance Law Section...
Jun 29 2017 // In Texas and across the nation, the surplus lines insurance market is keeping up with the increase in demand for cyber liability protection, according to the Surplus Lines Stamping Office of Texas (SLTX).Surplus lines...
Jun 28 2017 // Austin-based Watkins Insurance Group, one of the largest full-service, locally owned independent insurance agencies in central Texas, has added Chris Scott as vice president of Finance. Scott brings to Watkins Insurance...
Jun 27 2017 // Fort Worth-based independent insurance broker, Higginbotham, and Painter & Johnson Financial have merged their insurance operations in Central Texas.Painter & Johnson Financial is a broker of insurance, securities...
Jun 26 2017 // The Texas Supreme Court has refused to block a sex and race discrimination lawsuit filed against the University of Texas by former women’s track coach Bev Kearney, who was forced out after the school learned of a...
Jun 26 2017 // A report released in May by the Texas Department of Insurance – Division of Workers’ Compensation shows that while the number of compounded drug prescriptions in the workers’ comp system grew between 2010 and...
Jun 23 2017 // Watkins Insurance Group announced it is expanding to Georgetown, Texas, and plans to build a new location in the city’s historic downtown.The new building, to be located at 815 South Main Street, will be a two-story...