Latest Texas Headlines

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

Meurer and Grimsley Join Texas Security General in San Antonio

Oct 22 2008 // San Antonio-based Texas Security General Insurance Agency Inc. announced the addition of Andy Meurer as senior broker and Debbie Grimsley as commercial underwriter in its Commercial Brokerage/Underwriting...

Hospital Group Earns First Texas Mutual Dividend

Oct 21 2008 // Texas Mutual Insurance Company announced a $105,500 dividend to the Hospitals of Texas (HOTComp) workers’ compensation purchasing group. It is the group’s first dividend.The group dividend was based largely on...

Texas Supreme Court Revisits Workplace Injury Case

Oct 20 2008 // The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t...

Annual Survey Lists Top 10 Ease of Doing Business P/C Insurers

Oct 20 2008 // West Bend Mutual Insurance Company of Wisconsin (No. 1), Central Mutual Insurance (No. 2), Safety Insurance (No. 3), Frankenmuth Insurance (No. 4), and Selective Insurance (No. 5) earned the top five spots when it comes to...

Business Moves

Oct 20 2008 // Wells Fargo, WachoviaWells Fargo & Co. has won the bidding for Wachovia Corp., beating out Citicorp. Citicorp, while stepping aside, said it plans to pursue damages for interference with the deal it had worked out...

Wanted: Florida Agencies Focusing on Hispanic Market

Oct 20 2008 // The movers behind the insurance agency consolidation firm Confie Seguros say they are well-positioned to meet their goal of a $300 million revenue company focused on the Hispanic insurance market within a few years,...

Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture

Oct 20 2008 // Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it...

TWIA Claims From Ike May be Less Than Expected

Oct 20 2008 // Two weeks after Hurricane Ike hit Galveston, Texas, on Sept. 13, the Texas Windstorm Insurance Association — the state’s insurer of last resort for wind coverage along the coast — was fielding many thousands of...

Assessment of Ike’s Environmental Damage Begins

Oct 20 2008 // Hurricane Ike’s winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage is now becoming apparent: At least a half million gallons of crude oil spilled...

Texas Insured Driver Database in Effect Statewide

Oct 20 2008 // TexasSure, the vehicle insurance verification database designed to reduce the number of uninsured motorists in Texas, is now available to law enforcement statewide, the Texas Department of Public Safety reported.The...

Oct 20 2008 // Darleen Madden has been elected president of the Independent Insurance Agents of Dallas (IIAD) for a term beginning Sept.1, 2008, through August 2009.Madden is co-owner of Glenn-Madden & Associates located in Dallas,...

Business Moves

Oct 20 2008 // AmWINSNorth Carolina-based wholesale insurance broker AmWINS Group Inc. has formed an energy practice within its brokerage division. Based in Houston, the energy practice is led by Pascal Ray and Maryanne Maniaci. Ray and...

New Markets

Oct 20 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.Medi-Tourism Professional Liability Market...

Medical Professional Liability Insurer Drops Rates by 6.2% in Texas

Oct 17 2008 // Medical professional liability insurer Medical Protective announced a 6.2 percent average rate decrease for physicians in Texas, effective Jan. 1, 2009.The rate change represents the sixth rate reduction for the insurer in...

Confie Seguros Acquires Alamo Auto Insurance Group

Oct 16 2008 // Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired auto insurance brokerage Alamo Auto Insurance. The acquisition of San Antonio-based Alamo expands Confie...

Texas Regulators: Ike Repairs on Coast Must Follow Building Code Rules

Oct 16 2008 // The Texas Department of Insurance (TDI) issued a reminder that homes along the Gulf Coast damaged by Hurricane Ike must be repaired in accordance with the Texas Windstorm Building Code (TWBC) if the homeowner plans to...

Bank Holding Companies’ Insurance Revenue Jumps 9.5%

Oct 16 2008 // The nation’s bank holding companies increased their total insurance revenue 9.5 percent to $23.7 billion in the first half of 2008 from $21.7 billion during the same period in 2007. CitiGroup (N.Y.), Wells Fargo...

Crime Prevention Program Comes to Texas/Mexico Border

Oct 15 2008 // The Insurance Council of Texas (ICT) has joined with the Texas Automobile Burglary and Theft Prevention Authority and the Del Rio, Laredo and Brownville Police Departments in a crime prevention campaign aimed at preventing...

Texas AG Urges Continued Reporting of Ike Related Price Gouging

Oct 14 2008 // Texas Gov. Rick Perry recently extended the Hurricane Ike disaster declaration through Nov. 6 for 90 Texas counties and the state Attorney General’s Office (OAG) is urging consumers to continue reporting instances of...

Fines for No Insurance Included in $815M Texas Drivers Owe State

Oct 13 2008 // Nearly one million Texas motorists owe a combined $815 million for violations such as a driving while intoxicated and failure to have insurance, and the state wants them to start paying up.The Texas Department of Public...