All the headlines from our Texas Topic Page, ordered by recency.
Jul 22 2002 // To many insurance professionals, surplus lines policies are a mystery. Many think of it as a coverage for strange risks with odd provisions. But getting a grasp on surplus lines coverage is not difficult. Let’s take...
Jul 22 2002 // Now that floodwaters in Central and South Texas have begun to recede, officials are anticipating hundreds of millions of dollars in damages to residential and commercial property at a time when the state’s homeowners...
Jul 22 2002 // The Texas Department of Insurance reports one of every three Texas homeowner claims last year were due to water damage, and the average cost per water claim was $8,600—about twice the national average. Luckily,...
Jul 22 2002 // Texas Democrats, claiming Republicans are more sympathetic to insurance companies than to consumers, plan to pursue regulatory reforms to curb the rise of insurance premiums. According to the Fort Worth Star-Telegram,...
Jul 22 2002 // The surplus lines industry is traditionally thought of as a safety, or relief valve for the insurance industry as a whole. But what does that mean? To find out, read on, because what we have here is everything you ever...
Jul 22 2002 // In the teeth of the first true hard market in nearly two decades, evidence accumulated by the Surplus Lines Stamping Office of Texas confirms the surplus lines insurance market is successfully fulfilling its primary...
Jul 22 2002 // The Texas Medical Association (TMA) and the Texas AFL-CIO have filed a lawsuit to prevent adoption of new workers’ compensation guidelines by the Texas Workers Compensation Commission (TWCC). The Houston Chronicle...
Jul 22 2002 // The Texas state Supreme Court placed limits on health care providers’ medical malpractice exposure under the Medical Liability and Insurance Act by subjecting prejudgment interest to a cap on damages. A.M. Best...
Jul 17 2002 // The Texas Department of Insurance will host its 9th Annual Opportunity Fair Aug. 13, 2002 from 9 a.m. to 12 p.m. at 333 Guadalupe, Austin, Texas. The forum will focus on professional services for TDI’s special duty...
Jul 16 2002 // Foremost Insurance Co., a Michigan-based insurer providing mobile home coverage, announced a gradual increase in claims in the wake of recent flooding in Texas.A.M. Best reports that the company has so far received 270...
Jul 15 2002 // The Texas Department of Insurance has announced an updated plan to implement bills passed in the 76th and 77th sessions of the Texas Legislature affecting various areas of the Texas Insurance Code. Bills to be implemented...
Jul 15 2002 // The Farmers Insurance Group of Companies has made available the “You’re Essential to Safety” (Y.E.S.) Program in Texas. The Y.E.S. program was developed to educate young drivers and their parents or...
Jul 10 2002 // Arrowhead® General Insurance Agency of Texas Inc. has named Jay Wagoner executive vice president of its commercial division. Based in San Antonio, Wagoner will be responsible for establishing Arrowhead in the Texas...
Jul 8 2002 // Considering Texas has one of the most difficult insurance markets in the country right now, Insurance Commissioner Jose Montemayor comes across not at all as one might expect—an embattled public official scrambling to...
Jul 8 2002 // On May 23, 2002, the Texas Supreme Court issued its opinion in Mid-Century Insurance Company of Texas v. Boyte, a case that arose out of an underinsured motorist claim. The Court addressed the issue of whether the common...
Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...
Jul 8 2002 // District Court Judge Lee H. Rosenthal sentenced Houston attorney Bernardo Eureste to three years probation for workers’ compensation fraud-related charges, according to Texas Mutual Insurance Company. Eureste, a...
Jul 8 2002 // A federal bankruptcy court ruled that Dallas businessman Aharon Chen and A.C. Painting Inc., his now-bankrupt company, defrauded more than $3 million from Texas Mutual Insurance Co., a workers’ compensation provider....
Jul 8 2002 // On May 23, 2002, the Texas Supreme Court issued its opinion in Mid-Century Insurance Company of Texas v. Boyte, a case that arose out of an underinsured motorist claim. The Court addressed the issue of whether the common...
Jul 8 2002 // For the past 25 years, our Directory of Excess, Surplus and Specialty Markets has been published each January and July. Beginning in 1998, we put that directory online at www.insurancejournal.com. Agents and brokers can...