Latest Texas Headlines

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

Ike is Costliest Storm in Texas History; Price Tag Now More Than $11B

Oct 13 2008 // A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in Galveston. Electronic road signs in Southeast Texas flash, “Watch for cows next 20...

American National Aiding Clients of Former Agent Accused of Premium Theft

Oct 10 2008 // Galveston, Texas-based American National Insurance Company and its subsidiary, American National Property and Casualty Company learned shortly after Hurricane Ike that one of its agents had failed to forward to the Texas...

Medical Group Earns First Texas Mutual Workers’ Comp Dividend

Oct 10 2008 // Texas Mutual Insurance Company announced a $282,592 dividend to the Texas Medical Group (TMG) workers’ compensation discount program. This marks the group’s first dividend.The group dividend was based largely...

Texas Commission Says Insurance Counsel Should Remain Independent

Oct 9 2008 // Although the staff of Texas Sunset Advisory Commission recommended earlier this year that the Office of Public Insurance Counsel (OPIC), which represents consumers as a class in insurance regulation, be abolished and its...

Ike Claims for Texas Windstorm Pool May be Less Than Expected

Oct 9 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 thousands of claims per...

Texas Lawmakers to Review Ike Damage and State’s Response

Oct 8 2008 // Texas House of Representatives Speaker Tom Craddick has created a House Select Committee on Hurricane Ike Storm Devastation to the Texas Gulf Coast.The committee will be charged with reviewing the state and local...

Texas Company Cited in Fatal I-430 Bridge Accident in Arkansas

Oct 7 2008 // A Texas contractor faces almost $31,000 in penalties after federal safety officials found that undersized bolts and overloaded scaffolding contributed to accident in Arkansas in April that resulted in the deaths of three...

Investigation: Ike’s Toll on Environment a Heavy One

Oct 7 2008 // Hurricane Ike’s winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half million gallons of crude oil...

Texas Orders Nearly $220K in Fines, Restitution in August

Oct 6 2008 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during August resulted in four license revocations, three license denials and fines and restitution...

Scholarships Raised for North Texas Risk and Insurance Students

Oct 6 2008 // The Fort Worth, Texas, Chapter of Certified Property Casualty Underwriters has presented $10,000 in scholarships to seven students in Risk Management and Insurance studies at the University of North Texas. The chapter has...

Declarations

Oct 6 2008 // A Case by Case Basis“TWIA’s guidelines are, and will continue to be, to look at each claim on an individual case by case basis and determine if the damage claim is covered under their policy.” —Jerry...

Texas Workers’ Comp Commissioner: We’ve Come a Long Way

Oct 6 2008 // The Texas workers’ compensation system is not working perfectly, but “it has come a long way,” says the state’s new Commission-er of Workers’ Compensation Rod Bordelon.In a speech before an...

In Texas, ‘Trigger’ May Be Trickier Than it Seems

Oct 6 2008 // Trigger — what determines which policy applies. Most liability policies require property damage caused by an occurrence and require that the property damage occur during the policy period. The question, in Texas and...

Geeslin: It May be 90 Days Before Ike’s True Cost is Known

Oct 6 2008 // Texas’ top insurance regulator told lawmakers on Sept. 24 that the industry estimates there will be around 300,000 property claims — including commercial property claims — stemming from Hurricane Ike, which...

Oct 6 2008 // Albert Betts, former Texas Commissioner of Workers’ Compensation, joined Thompson Coe Cousins & Irons LLP as a partner in the Insurance Law and Governmental and Legislative Advocacy Sections, effective Oct. 1,...

Most Texas Banks Stable and Safe, Advisory Firm Says

Oct 3 2008 // Banks in Texas, particularly those in the Houston metropolitan area and rural areas of the state, continue to perform better than banks across the rest of the nation, reported Sheshunoff & Co. Investment Banking, a...

Texas Law Firm Pleads Guilty to Role in Staged Accident Scheme

Oct 3 2008 // Trey Allen, P.C., a professional corporation, which was previously known as the Law Office of John H. Allen, III, P.C., pled guilty in federal court before U.S. Magistrate Judge Paul D. Stickney, to charges of conspiracy...

Texas Rolls Out Insured Driver Database Statewide

Oct 3 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.TexasSure...

Adjusters Working Ike Claims from Texas Coast to Arkansas Border

Oct 2 2008 // Thousands of insurance claims adjusters are examining the damage left behind by Hurricane Ike from the Texas coast to the Arkansas border, the Insurance Council of Texas (ICT) reported. Millions of dollars in insurance...

Texas-based Combined Agents of America Adds 37th Member

Oct 1 2008 // Austin, Texas-based Combined Agents of America LLC (CAA) announced it added EFGI Insurance & Bonds LCC of San Antonio as its 37th member agency. EFGI is the fourth agency to join CAA this year.EFGI Insurance &...