All the headlines from our Texas Topic Page, ordered by recency.
Jun 9 2016 // At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes.The endorsement would be attached to a homeowners policy at the...
Jun 9 2016 // Ratings agency, A.M. Best, has revised the outlooks to stable from negative and affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the members of...
Jun 9 2016 // Texas Gov. Greg Abbott has added Brown, Caldwell, Callahan, Clay, Comanche, Eastland, Falls, Hardin, Harris, Houston, Madison, Somervell, Stephens, Travis and Trinity to the list of counties declared disaster areas...
Jun 7 2016 // Arthur J. Gallagher & Co. has acquired Ashmore & Associates Insurance Agency Inc. headquartered in Lubbock, Texas.Terms of the transaction were not disclosed. Founded in 1984, Ashmore & Associates Insurance...
Jun 7 2016 // Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to 600 percent of long-term average rainfall amounts.The storms have subsided for now, but...
Jun 6 2016 // The heavy rain that’s been hovering over parts of southeast and central Texas and caused deadly flooding began to lift on Saturday, June 4, but officials said the flooding emergency near the Gulf Coast was worsening...
Jun 6 2016 // Risk Strategies, John ButtineRisk Strategies Co. has acquired John Buttine Inc., an insurance brokerage in New York City with a specialty focus on media-related businesses and services. Terms of the transaction were not...
Jun 6 2016 // While reinsurance for the 2016 hurricane season hasn’t yet been nailed down, Texas’ insurer of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in funds available for...
Jun 6 2016 // Insurance broker Lockton announced it will create two new business teams to align its Texas operations.Lockton’s Houston, San Antonio, Dallas and Fort Worth property/casualty operations will combine into a single...
Jun 3 2016 // The Texas Association of Health Underwriters has been recognized with the Blue Ribbon of Excellence Award from the National Association of Health Underwriters.Texas was recognized for this award as part of NAHU’s...
Jun 3 2016 // With its reinsurance program now in place, the Texas Windstorm Insurance Association (TWIA) says it is in its strongest-ever position for this year’s hurricane season with $4.9 billion in total funding available to...
Jun 1 2016 // Residents of some rural southeast Texas counties braced for more flooding along a river that is expected to crest at a record level just two years after it had run dry in places because of drought.National Weather Service...
Jun 1 2016 // More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5...
May 31 2016 // Authorities in central Texas have found two more bodies along flooded streams, bringing the death toll from flooding in the state to six.It was unclear Sunday whether a body found in Travis County near Austin was one of...
May 31 2016 // The independent insurance agency network, Combined Agents of America LLC (CAA), has elected Mack Purifoy to serve as president for the coming year and secretary David Wellmann to serve as secretary.Purifoy owns Purifoy...
May 27 2016 // While its reinsurance plans for the 2016 hurricane season haven’t yet been nailed down, Texas’ insurance company of last resort for wind and hail along the Texas coast expects to have around $4.9 billion in...
May 26 2016 // LevelFirst, the wholesale broker and MGA binding facility owned by IIAT Services Co., has named Kelley Sanchez as vice president. Sanchez will underwrite new business opportunities with the Transportation Division.She has...
May 25 2016 // Houston is a bad place to have to have your vehicle towed, according to law enforcement officials and insurance investigators.There have multiple reports of vehicles being towed and towing services charging victims...
May 25 2016 // The Texas Department of Insurance (TDI) is accepting applications for the board that governs the Fair Access to Insurance Requirements (FAIR) Plan, which provides residential property insurance in underserved areas where...
May 24 2016 // This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods in the forecast for the southern part of the U.S. this spring, the likelihood of disaster fraud...