Latest Texas Headlines

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

Stevens to Manage WSS-Texas Office

Nov 14 2002 // Richard L. Polizzi, president of Western Security Surplus (WSS) Insurance Brokers Inc., announced the opening of an office in Dallas, Texas. A former California employee and native Texan, Kyle Stevens has accepted the...

NSI Settles Beaumont, Texas Asbestos Claims

Nov 14 2002 // National Service Industries announced that it has entered into an agreement in principle to settle a significant number of asbestos claims currently pending against the company in Jefferson County (Beaumont) and Orange...

Panelists Try to Break Down Mold Issue in E&O

Nov 13 2002 // Orlando, Fla. – A panel on architects & engineers E&O looked at the ramifications of one of the latest issues to impact that segment of the insurance industry – mold – during the second day of...

Filing of Insurance Bills in Texas Begins

Nov 13 2002 // Texas legislators wasted little time in filing post-election insurance reform legislation. One week after an election in which campaigns rang with promises from Republicans and Democrats alike to bring down homeowners...

Farmers to Extend Renewals 30 Days; Rate Cut Part of Temporary Settlement

Nov 12 2002 // As a result of ongoing discussions with the Governor’s office, the Texas Department of Insurance (TDI) and the Office of Attorney General (OAG), the Farmers Insurance Group of Companies announced that it would...

TCAIS Initiates Reform Campaign

Nov 12 2002 // The Texas Coalition for Affordable Insurance Solutions, www.tcais.org, an Austin-based alliance of insurance providers, launched an insurance reform campaign to encourage legislators, regulators and other policymakers to...

DIMINISHED VALUE CONSIDERED IN TX

Nov 11 2002 // The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an...

No Duty to Investigate Before Terminating Agent

Nov 11 2002 // In Texas Farm Bureau Mut. Ins. Co. v. Sears, the Texas Supreme Court addressed what duties an insurance company owes an independent agent when terminating an “at will” relationship. No. 01-0851 (Tex., Aug. 30,...

AAI Discourages Md. Mold Coverage Mandate

Nov 8 2002 // The Alliance of American Insurers (AAI) pressed the Maryland Insurance Administration not to establish coverage mandate, arguing that such a mandate would destabilize the state’s homeowners insurance...

Texas Workers’ Comp Rule Supplements Available

Nov 7 2002 // The Texas Workers’ Compensation Commission announced the Texas Workers’ Compensation Act and Commission Rulebook Supplement 2002-04 is now available online at...

Ballard Sues Farmers Over Accusations

Nov 6 2002 // Austin, Texas-based homeowner advocate, Melinda Ballard, announced she filed a lawsuit in Travis County District Court against Farmers Insurance (Farmers) and its paid spokesman for falsely accusing her of committing...

NAII Urges Texas Supreme Court to Overturn Diminished Value Ruling

Nov 1 2002 // The National Association of Independent Insurers (NAII) is urging the Texas Supreme Court to review and overturn a lower court ruling requiring personal automobile insurers to pay diminished value under the terms of an...

United Risk Management Under Investigation

Oct 30 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...

TWCC Sets Ag Payroll Requirements and Maintenance Tax Rates

Oct 30 2002 // The Texas Workers’ Compensation Commission announced both the annual payroll requirement of an employer for the coverage of seasonal workers and the maintenance tax rate for gross premiums for 2002.The adjusted...

CAA Members Part of IIABA Best Practices Study Group

Oct 29 2002 // Austin, Texas-based Combined Agents of America LLC (CAA) announced two of its member agencies, Bigham-Kliewer-Chapman-Watts and Crockett Insurance Services, were selected to participate in the Independent Insurance Agents...

United Risk Management Under Investigation

Oct 29 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...

Insurance Scoring and Regulatory Modernization Top NAII’s National Agenda

Oct 28 2002 // As the 2003 legislative season dawns, insurance scoring is the lead issue for the National Association of Independent Insurers (NAII). Insurance coverage for mold is also a major concern in selected areas of the country,...

A.M. Best Affirms Ratings, Removes State Farm’s Calif., Texas Subsidiaries From Under Review

Oct 28 2002 // A.M. Best Co. has affirmed the financial strength ratings of B+ (Very Good) for two separately rated subsidiaries of State Farm Mutual Automobile Insurance Company, State Farm General Insurance Company (both of...

Agents Speak Out Against TDI Residual Market Proposals

Oct 28 2002 // At a Texas Department of Insurance public hearing held in early October, insurance agents and other interested parties testified on TDI proposals to create a temporary residual market or market-of-last-resort for...

ALLEGED FRAUD IN GUN BARREL CITY

Oct 28 2002 // Texas Mutual Insurance Co. reported that a Travis County Grand Jury indicted Stan and Cynthia Doze, operators of Doze Construction Co. Inc., on a second-degree felony charge related to workers’ compensation premium...