All the headlines from our Texas Topic Page, ordered by recency.
Dec 23 2007 // Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South...
Dec 23 2007 // 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.Small Residential General Contractors Nuts...
Dec 21 2007 // Texas Mutual Insurance Company announced a $129,320 dividend to the Texas Petroleum Marketers and Convenience Store Association (TPCA) workers’ compensation purchasing group today. The group’s first dividend...
Dec 21 2007 // The Dallas-Fort Worth Chapter of Risk and Insurance Management Society (DFW RIMS) named Mark Shults of McGriff, Seibels & Williams as the Distinguished Associate of the Year for 2007. He is vice president and producer...
Dec 20 2007 // Texas homeowners insurance premiums stabilized some after legislative reforms in 2003, but two years later were still the highest in the United States, according to a new study released by the National Association of...
Dec 19 2007 // State Farm Insurance Co., the largest insurer of homes and cars in Texas, said it filed for an average 3.6 percent rate increase for its Texas homeowners’ insurance policies.The filing includes larger multi-line...
Dec 17 2007 // Editor’s Note: The original version of this story incorrectly identified Mark Solomon, Jr. as being associated with All Auto Insurance Agency Inc. in Richardson and a TIP Board member. Mark Solomon, Jr. is head of...
Dec 17 2007 // Farmers Insurance has indicated it wants to raise home insurance rates 20 to 30 percent along the Texas coast, while reducing rates in many other areas.The company’s rate filing with the Texas Department of Insurance...
Dec 13 2007 // Texas Insurance Professionals recently received the Outstanding Sales Achievement Award from the Utica National Insurance Group.Utica Special Programs Vice President/Director Curtis Pearsall praised Mark Solomon Jr., of...
Dec 13 2007 // Texas Mutual Insurance Company reported $684,997 in dividends to the National Federation of Independent Business (NFIB) workers’ compensation purchasing groups. The dividends were based largely on the groups’...
Dec 12 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company (ZIC), the main operating company of...
Dec 12 2007 // The Federal Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Boerne Fire Marshals Office and the Texas State Fire Marshals Office announced the arrest of Joseph Stasny, a 39-year-old resident of Boerne, Texas,...
Dec 12 2007 // Four state lawmakers and the Texas AFL-CIO have asked the Texas Supreme Court to reverse its decision in a case they say incorrectly expands liability protections for employers under state workers’ compensation...
Dec 10 2007 // A state agency said it cut the unemployment-insurance tax rate, which will save Texas employers $270 million next year.The rate cut was due to low recent jobless rates and the Legislature’s decision to eliminate a...
Dec 7 2007 // The Texas Legislature enacted tort reform measures in 2003 that among other things placed a $250,000 cap on non-economic damage awards against individual health care practitioners, a $250,000 cap on non-economic damages...
Dec 7 2007 // More than $50 million in federal public assistance (PA) funding has been set aside by the Federal Emergency Management Agency to pay for eligible projects in the state of Texas.More than 3,391 projects have declared...
Dec 6 2007 // Toni Campbell is the new Marketing and Sales director for Dallas-based Maverick Surplus Lines Inc., a specialist in wholesale nonsubscriber program business and services.Campbell will be responsible for appointing new...
Dec 6 2007 // A syrup candy imported from Mexico is being voluntarily recalled after state health officials found excessive levels of lead, Texas officials said.San Antonio-based Villa-Mex Imports Inc. is asking customers to discard the...
Dec 4 2007 // Patrick O’Connell, former chief of the Texas Attorney General’s Civil Medicaid Fraud Section, has joined Dallas-based Baron & Budd, P.C., as special counsel in the firm’s newly established Austin...
Dec 2 2007 // It is common for an insured to have two insurers cover the same risk. When the insured is sued regarding that risk, both insurers have a duty to defend and indemnify the insured. Often the insurers agree to a split of the...