Latest Texas Headlines

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

AAIS Gains Approval in Texas for Homeowners Forms

Mar 21 2003 // Property/casualty insurers that write homeowners insurance in Texas can now use policy forms developed by the American Association of Insurance Services (AAIS). AAIS is a national advisory organization that develops forms...

Compass Bancshares Acquires Texas Agency

Mar 18 2003 // Birmingham, Ala.-based Compass Bancshares Inc. recently expanded its agency base with the acquisition of Maxson-Mahoney-Turner Inc. of Dallas, Texas. According to Compass, Maxson-Mahoney-Turner, established in 1915, has...

FAIR Plan Open to All Texas P/C Agencies

Mar 18 2003 // The Texas Department of Insurance announced that the Texas FAIR (Fair Access to Insurance Requirements) is now open to all licensed property and casualty insurance agencies in the state.The FAIR plan, the state’s...

USG Opens Arlington, Texas Office

Mar 18 2003 // USG Insurance Services Inc. opened a new branch in Arlington, Texas, and plans to celebrate with an open house on April 3rd.The Texas operation, at 690 E. Lamar, St. 580, Arlington, Texas 76011, will be called USG...

Trio of Assurex Global Agencies Choose XDimensional Technologies’ Agency Mgt. System

Mar 17 2003 // Nexsure, the industry’s first 100 percent web-architected agency management system based on the Microsoft .NET platform, has been selected as the office automation system by three members of the Assurex partnership...

Chubb Faces Asbestos Exposure Complaints in Texas

Mar 12 2003 // The Dow Jones Newswire reported that several complaints have been filed in Texas district courts against Chubb Corp. that allege Chubb Indemnity and unaffiliated insurers conspired to conceal risks associated with asbestos...

Texas Joins Midwest Zone for CE Reciprocity

Mar 12 2003 // The Texas Department of Insurance announced the state has joined into an agreement with the Midwest Zone States regarding continuing education (CE) reciprocity.With some exceptions, a course approved by a participating...

WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About It

Mar 11 2003 // WHAT EVERY HOME OWNER NEEDS TO KNOW ABOUT MOLD And What To Do About ItA Paperback Original By Vicki Lankarge What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback) is the complete guide to...

What Every Home Owner Needs to Know About Mold

Mar 11 2003 // What Every Home Owner Needs to Know About Mold (McGraw-Hill, May 2003; $12.95 Paperback by Vicki Lankarge) is the complete guide to dealing with mold in your home – the asbestos of the new millennium.Toxic mold...

There’s Always the Weather

Mar 10 2003 // People who live in Texas, Oklahoma, Arkansas and Louisiana are rarely at a loss for words. But if they’re ever in need of an exciting topic to liven up a dinner party they can talk about the weather. After all,...

Insurance Still on the Table at the 78th Texas Legislature

Mar 10 2003 // As promised, the 78th Texas Legislature is on a roll with insurance reform, with one bill having been signed into law and many more in committees or on their way to the House and Senate floors. Among the proposed...

TDI Seeks to Return $7 Million to Members Mutual Policyholders

Mar 7 2003 // The Texas Department of Insurance is searching for 33,000 Texans, each of whom has a $209.50 check coming as his or her piece of a small insurance company that failed in 1992. According to TDI about $7 million will be...

New Workers’ Comp Company Authorized in Texas

Mar 5 2003 // The Texas Department of Insurance has issued a Certificate of Authority for a new property-casualty insurance company to be located in Tyler, Texas, named Old Glory Insurance Company.The new company will operate as a...

Rate Rollback Bills in the Works at Texas Leg.

Mar 3 2003 // The Senate Committee on Business and Commerce announced it heard invited testimony on Senate Bill (SB) 400 which would require insurance companies to roll rates back to the levels that were in effect on January 1, 2001,...

Rep. McReynolds Reports on Texas Med Mal Reform

Mar 3 2003 // In State Representative Jim McReynolds’ latest “Capitol Report,” the legislator discussed three solutions to the problems of Texas medical malpractice system, the reform of which was declared one of the...

Montemayor Issues Order on Filing of Residential Rates

Feb 28 2003 // Texas Insurance Commissioner Jose Montemayor issued an order on Feb. 26, 2003 requiring residential property insurers to file with the Texas Department of Insurance rates and supporting information as required in Senate...

Dewhurst Says TX Homeowners Rates Are up to 18% Too High

Feb 27 2003 // Texas Lt. Gov. David Dewhurst commented that homeowners insurance rates in Texas are running some 12 to 18 percent higher than they should be. According to the Houston Chronicle, Dewhurst made the remarks after Gov. Rick...

Perry Names Smith as TWCC Chairman

Feb 24 2003 // Governor Rick Perry appointed Employer Commissioner Richard Smith to serve as chairman of the Texas Workers’ Compensation Commission (TWCC). He replaces Employee Commissioner Rebecca Olivares, who served as chairman...

Time to Jump on the Employee Benefits Bandwagon’

Feb 24 2003 // In some respects, the world of employee benefits seems to be on a roll. The Indepen-dent Insurance Agents & Brokers Association (IIABA) reports that about 26 percent of the U.S. agencies examined in its “2002...

Texas Versus New Jersey

Feb 24 2003 // Is Texas the next New Jersey? That was one of the many questions posed about the state by Robert Hartwig, chief economist for the Insurance Information Institute, at the 40th Annual Joe Vincent Management Seminar held by...