All the headlines from our Texas Topic Page, ordered by recency.
Jun 25 2012 // Approximately 70,000 vehicles were damaged in the June 13 hailstorm in the Dallas, Texas, area and car rental companies are feeling the pinch, according to an insurance industry trade group.Car rental companies are...
Jun 22 2012 // James King, CEO of Agents Alliance Services Ltd in Denton, Texas, announced that nine new agencies have joined the group during the first half of 2012. They are: Arcadia Insurance Agency LLC of Forney, Texas Benson...
Jun 21 2012 // The Independent Insurance Agents of Texas (IIAT) elected Patrick Watkins, president of Watkins Insurance Group in Austin, to serve as president for 2012-2013 during IIAT’s 115th Annual Conference and Trade Show in...
Jun 20 2012 // Texas’ top insurance regulator says the precarious financial position of the state’s insurer of last resort for properties in coastal areas is nothing new.Responding to a letter sent to her by State Rep. John...
Jun 20 2012 // Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week.The...
Jun 20 2012 // The Chubb Group of Insurance Cos. has expanded its Wildfire Defense Services to most of Texas less than a year after the state experienced its worst wildfire season on record.The free loss-prevention service is now...
Jun 19 2012 // The Texas Windstorm Insurance Association has only about $3.6 billion in claims-paying resources “under a best case scenario,” even though it could face losses of $14.2 billion from a Category 4 hurricane...
Jun 19 2012 // A South Texas attorney has been convicted on charges related to bribing a judge for favorable rulings in court cases, including insurance related litigation.United States Attorney Kenneth Magidson announced that Ray Roman...
Jun 19 2012 // A manufacturing facility in Texas has been fined $58,000 by federal regulators for exposing workers to safety hazards.The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Progressive...
Jun 18 2012 // Texas regulators have fined Loya Insurance Co. $300,000 for what investigators call unfair and deceptive business practices. The Department of Insurance also says Loya failed to file accurate information on rates for its...
Jun 18 2012 // Insured losses from the massive hailstorm that struck the Dallas area on Wednesday could reach as much as $2 billion, making it one of the most costly storms of its type in U.S. history, an insurance organization said on...
Jun 18 2012 // An attorney and a case runner have been sentenced in Texas on felony charges related to soliciting business from a victim’s family after a fatal accident. Texas Attorney General Greg Abbott reported that Corpus...
Jun 18 2012 // Combined Agents of America LLC (CAA), based in Austin, Texas, has a newly elected 2012-13 Management Committee.The new committee includes: President Roger Luttrell, president of Benton-Luttrell-Brown in Van Alstyne, Texas;...
Jun 18 2012 // Southport Lane, Lonestar Holdco, Dallas NationalSouthport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and...
Jun 15 2012 // American Underwriting Managers, a surplus lines MGA with offices in Southlake and San Antonio, Texas, has added Gay Aulenbacher, as vice-president, director of Marketing. Aulenbacher has served in the insurance agency and...
Jun 14 2012 // More than 20,000 homes and businesses lost electricity after storms rolled through parts of Texas.Utility officials say the largest outage area Wednesday was near Houston, in north Harris and Montgomery counties....
Jun 13 2012 // The Texas Commission on Environmental Quality is offering $5.7 million in grants to replace diesel vehicles with ones that use hybrid or alternative energy technology. The grants are available under the Texas Clean Fleet...
Jun 12 2012 // Climate change is widely expected to disrupt future fire patterns around the world, with some regions, such as the western United States, seeing more frequent fires within the next 30 years, according to climate scientists...
Jun 11 2012 // Texas top insurance regulator has named eight industry professionals to participate in an advisory group to work on issues related to windstorm insurance along the state’s coast.The Texas Department of Insurance...
Jun 8 2012 // Like the economy, the workers’ compensation market has suffered in recent years. Results for 2011 were no better than 2010. The good news: results for the workers’ comp market were not worse either.The combined...