All the headlines from our Texas Topic Page, ordered by recency.
Mar 12 2015 // The Federal Highway Administration rejected assertions from two guardrail-industry professionals who said Trinity Industries Inc. tried to hide defects in its roadway safety system by secretly developing a version of the...
Mar 11 2015 // The Insurance Industry Charitable Foundation’s (IICF) Texas/Southeast Division announced it is providing a record-breaking $505,000 in grants to area and regional nonprofits in 2015. The grants total is the largest...
Mar 11 2015 // A heads-up to New York, Baltimore, Houston and Miami: a new study suggests that these metropolitan areas and others will increase their exposure to floods even in the absence of climate change, according to researchers...
Mar 10 2015 // On the heels of a recent multi-million dollar refund agreement with the state’s largest homeowners insurer, Texas Department of Insurance Commissioner David Mattax announced a revised settlement with the second...
Mar 10 2015 // While workers’ compensation pharmacy benefit managers have been utilizing drug formularies to control prescription drugs costs and monitor medical treatments for a long time, states are now catching on.Drug...
Mar 9 2015 // A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012.The 12-member jury in Amaro v. National Lloyds found that National...
Mar 9 2015 // A bill filed by state Rep. Todd Hunter, R-Corpus Christi, would require the Texas Department of Insurance to post on its website information regarding insurance rates of every residential property and personal auto insurer...
Mar 9 2015 // Texas Rep. Kenneth Sheets filed legislation that would establish a voluntary roofing contractor registration program with the Texas Department of Insurance (TDI).Sheets said House Bill 1488, known as the Roofing Contractor...
Mar 9 2015 // Carrollton, Texas-based Hotchkiss Insurance Agency (HIA) announced a new leadership team. Mike Hotchkiss is now the CEO, Ken Hotchkiss is the chief operating officer and Greg Hotchkiss is the chief financial officer.HIA...
Mar 9 2015 // A settlement has been reached in a long-running dispute between the nation’s largest homeowners insurer and the state of Texas over premium overcharges.The Texas Office of Public Insurance Counsel (OPIC) announced on...
Mar 9 2015 // In the Western United States there are nearly 900,000 homes representing an estimated reconstruction cost of more than $237 billion considered at “very high” or “high” risk from wildfires, a report...
Mar 9 2015 // The nonstandard auto market is characterized by substandard operating performance. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many are struggling to...
Mar 9 2015 // By 2020, the entire insurance industry will have 400,000 positions to fill. About 120 academic programs exist worldwide offering courses, concentrations and majors in risk management and insurance. About 80 are located in...
Mar 6 2015 // National Lloyds Corp., a Waco-based insurance holding company, announced its best yearly earnings in the company’s history with $25.7 million of pre-tax income.Over the past several years, storm activity in Texas and...
Mar 6 2015 // The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the...
Mar 6 2015 // Two proposed constitutional amendments that supporters say would protect Texans from government intrusion into their free exercise of religion are meeting resistance from a coalition led by a former adviser to George W....
Mar 6 2015 // Tennessee may soon have its own answer to an alternative workers’ compensation insurance option through new legislation by Republican lawmakers known as the Tennessee Employee Injury Benefit Alternative.Tennessee...
Mar 4 2015 // Fort Worth, Texas-based Higginbotham and Aycock & Fowler, in Lubbock, Texas, have merged.Both are independent insurance firms providing property and liability insurance, risk management and employee benefit services to...
Mar 4 2015 // A.M. Best says the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb” of State Farm Lloyds in Dallas are unchanged following the announcement that it has reached a settlement...
Mar 3 2015 // Waco, Texas-based Insurors Indemnity Companies named Dave Talbert as president and chief executive officer effective March 1.Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry...