All the headlines from our Texas Topic Page, ordered by recency.
Dec 2 2007 // At the heart of every property and casualty insurance contract lies a promise to soften the blow of misfortune.But what happens when an insurance company becomes financially troubled, fails and is no longer able to uphold...
Nov 30 2007 // A judge allowed victims of BP PLC’s deadly 2005 plant explosion to pursue complaints about a plea agreement resulting from a federal investigation of the accident.Attorneys for the victims have argued that a $50...
Nov 29 2007 // More than 850,000 of the 1.5 million Texas children who don’t have health insurance are eligible for but not enrolled in the Children’s Health Insurance Program or Medicaid, a state official says.Health and...
Nov 28 2007 // Two thousand Texas homes are getting wired into the wind grid with a green donation from Allstate Insurance Company.The insurer announced it will provide enough clean, renewable, wind energy to power the equivalent of...
Nov 27 2007 // Texas Mutual Insurance Company reported that an independent licensed insurance agent pled no contest to a charge of perjury in a workers’ compensation fraud-related case. A Travis County district court sentenced...
Nov 26 2007 // The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during October.The actions include a license revocation, a license denials and fines and restitution...
Nov 19 2007 // The Texas Surplus Lines Association Inc. elected new officers and directors at its 51st Annual Meeting held Nov. 12, 2007, at the Four Seasons Hotel in Austin:The new officers are: President Lana Parks, president of The...
Nov 18 2007 // 2%Texas has used only 2 percent of more than $500 million in federal aid for homeowners and communities hit by Hurricane Rita more than two years ago, a state audit found. State Auditor John Keel found that more than 4,000...
Nov 18 2007 // Munich Reinsurance America Inc. announced that John P. Phelan will retire as planned on Dec. 31, 2007, after serving nearly six years as chairman and CEO. Anthony J. Kuczinski, who is president of Munich Re America’s...
Nov 18 2007 // Despite a rosier outlook in the agents’ errors and omissions (E&O) insurance market compared with years past, many insurance agents still faced rate increases in their E&O coverage in 2007 and anticipate...
Nov 16 2007 // Texas Windstorm Insurance Association policyholders’ rates will go up begining Feb. 1, 2008, as a result of rate increases approved by the Texas Department of Insurance yesterday.Texas Insurance Commissioner Mike...
Nov 16 2007 // Texas Mutual Insurance Company reported that the 331st Travis County District Court sentenced Richard Brooks of Buna on workers’ compensation fraud-related charges.Brooks must serve five years’ deferred...
Nov 15 2007 // GAINSCO Auto Insurance, which specializes in minimum-limits personal auto policies, announced it has introduced a new monthly auto policy for Texas customers. The new product, which provides a single month of personal auto...
Nov 15 2007 // The Education Foundation of the Insurance Council of Texas (ICT) has awarded academic scholarships to 15 students at Baylor University, the University of North Texas and the University of Texas at Austin, the insurer trade...
Nov 15 2007 // Columbus, Ohio-based State Auto Insurance Companies Executive Vice President and COO Mark Blackburn will offer his view of Texas, the nation’s third-largest property and casualty market, at the 2007 Dallas...
Nov 14 2007 // The American Society of Safety Engineers’ (ASSE) Region III, which encompasses Arkansas, Oklahoma and Texas, announced that Austin, Texas-based McComb Construction Company donated $4,000 toward the establishment of a...
Nov 13 2007 // New rules proposed by the Texas Department of Insurance Division of Workers’ Compensation will help injured workers in finding and receiving care from a physician, according to the Texas Medical Association.Among the...
Nov 12 2007 // Texas Mutual Insurance Company reported that the Texas Sign Association (TSA) purchasing group, TSA Comp Group Inc., is now open group. Qualifying on-premise sign product manufacturers, sign supply distributors and...
Nov 9 2007 // Several Texas workers’ compensation insurance carriers are participating in a pilot project with health care providers to initiate treatment planning for workers’ compensation injuries, according to the Texas...
Nov 8 2007 // Texas Mutual Insurance Company announced it is distributing approximately $2 million in dividends among first-year policyholders with favorable loss ratios.The dividends represent the final component of the company’s...