All the headlines from our Texas Topic Page, ordered by recency.
Nov 5 2007 // 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 4 2007 // Austin, Texas-based Medicus Insurance appointed John Flanagan as its new Regional Market manager for the Midwest. Flanagan will be based in Chicago. Flanagan brings over five years of experience in the professional...
Nov 4 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to state officials. The monies will be divided among eight states and the District of Columbia.Florida’s Chief...
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Nov 2 2007 // The Texas Department of Insurance Division of Workers’ Compensation announced that the adjusted annual payroll requirement of an employer for the coverage of seasonal workers is $46,423. This gross payroll amount...
Nov 1 2007 // A 47-year-old man was shot in both legs when he accidentally discharged a handgun while sitting in his cubicle at an insurance office in Fort Worth, Texas, police said.The man, who hasn’t been publicly identified,...
Oct 30 2007 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during September 2007 include 12 license revocations, three license denials and fines and restitution totaling $375,983, the Texas...
Oct 27 2007 // The rules of attraction“The program is an effort to attract more property and casualty providers to our state and to increase the private market capacity by 15 percent.” — Louisiana Commissioner of...
Oct 27 2007 // Watkins Insurance GroupAustin, Texas-based independent insurance agency, Watkins Insurance Group, has acquired Matz Insurance Agency of Austin. Established in 2002, Matz offers both commercial and personal lines of...
Oct 27 2007 // Two administrative law judges in Texas on Oct. 5 rejected State Farm’s plan to increase homeowner insurance rates, calling the hike too excessive.State Farm Lloyds Inc. had appealed to the State Office of...
Oct 27 2007 // State hopes to increase private market property coverage8 State Farm Texas rate hike denied Administrative law judges say 9.1% is too much8 Insurance complaints decline in TexasHomeowners line dropped the most10 Surplus...
Oct 27 2007 // More than 750,000 Texans are driving without valid licenses because they haven’t paid stiff annual penalties – as much as $2,000 for three years – added to various traffic violations in 2004.The state has...
Oct 27 2007 // Kyle Stevens was elected the new president and chief executive officer of Western Security Surplus Insurance Brokers, a wholesale broker and managing general agency with offices in California and Texas.Stevens has served...
Oct 27 2007 // For the fourth year in a row Texans filed fewer complaints against their insurance companies with the Texas Department of Insurance (TDI). The Insurance Council of Texas reported that TDI’s Consumer Protection...
Oct 27 2007 // Closed complaints FY2006 FY2007 % change Homeowner/farmowners 2,968 1,842 – 38%Automobile 6,836 6,811 – .4% Accident/Health 11,753 10,745 – 8.6%Life/Annuities 1,656 1,544 – 6.8 %*Miscellaneous...
Oct 27 2007 // Despite hurricane, coastal insurance ‘road show’ goes onAgents help spread the message about necessary coverages Tropical storms and hurricanes tend to put a hitch in the most well crafted plans. Such was the...
Oct 26 2007 // British Petroleum and several of its subsidiaries have agreed to pay approximately $373 million in fines and restitution for environmental violations, the U.S. Department of Justice announced. The sanctions stem from a...
Oct 23 2007 // Liberty International Underwriters (LIU), a division of Liberty Mutual Group, has expanded the lines of insurance available in Texas and the Southwest region by offering primary general liability products and...
Oct 23 2007 // CAIC Holding Company Inc. announced it began offering surety coverages in Texas through its wholly owned subsidiary, Commercial Alliance Insurance Company (CAIC), effective Oct. 1, 2007.Sterling Emens III was appointed...
Oct 23 2007 // Final disciplinary actions taken by Texas Commissioner of Workers’ Compensation Albert Betts during August and September 2007 include orders assessing administrative penalties totaling $684,877 for violations of the...