Latest Texas Headlines

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

Automobile Dealer Surety Bonds: What Constitutes A Breach of Condition’

Jan 14 2002 // Many surety bonds are tailored for particular relationships or statutory requirements—one such example is the motor vehicle dealers bond required by Section 503.033 of the Texas Transportation Code.While there are few...

Study Analyzes Potential Impact of Toxic Mold

Jan 9 2002 // As insurance companies encounter a growing number of toxic mold and mildew-related claims, the industry needs to be acutely aware of health risks associated with the problem, as well as coverage considerations, public...

Welcome to the 3rd Annual “Top Ten Stories of the Year”

Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...

NAFTA: Proceed, but with Caution

Dec 17 2001 // The problems swirling around the twin issues of safety and insurance with regards to allowing commercial trucks from Mexico free access to U.S. highways are as thorny as a prickly pear cactus.The U.S. House of...

Balking on Refund Plan for Overcharges, Farmers Says it’s Negotiating

Dec 17 2001 // Farmers Insurance Group, the third-largest auto insurer in Texas, has yet to agree to refund an estimated $8 to $10 million to policyholders it admitted overcharging, stating instead that it is continuing to negotiate a...

INSURANCE AUTO AUCTIONS EXPANDS

Dec 17 2001 // Insurance Auto Auctions Inc., a Schaumberg, Ill-based auto salvage and claims processing service provider, announced the opening of a new greenfield facility in Longview, Texas. The new facility, IAA’s seventh in...

Top 10 Stories of 2001

Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the FutureThis is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth, for...

Highlands Insurance Group to Restructure; Stop Writing Policies

Dec 17 2001 // As the Highlands Insurance Group Inc. attempts to restructure itself and return to profitability, it has announced plans to stop writing any new or renewal insurance policies, and is considering selling business or...

Texas Defendants Must Pay $26 Million for Defrauding State Farm

Dec 17 2001 // In Houston, U.S. District Judge Melinda Harmon ordered four defendants accused of defrauding State Farm Insurance by making false claims in hundreds of staged auto accidents to pay damages to the tune of $26...

Texas Homeowners Market Tightens As More Carriers Withdraw

Dec 3 2001 // Two more insurance carriers, Union Standard and Ohio Casualty, have announced their withdrawal from personal lines in the Texas market, according to the Independent Insurance Agents of Texas (IIAT).Union Standard’s...

From Promotions to Sport Pros, Special Events Insurance Covers it All

Dec 3 2001 // During the playoffs between the Seattle Mariners and the New York Yankees preceding the 2001 World Series, the National-Hole-in-One Association provided insurance coverage for a promotion sponsored by a Seattle-based...

Of Festivals and Floods

Dec 3 2001 // I have a picture of myself at 15 sitting on Santa’s lap. Poor Santa. Since the event in question occurred way back in the dark ages, he may or may not have been insured against the weight of my gangly teenaged frame....

TEXAS COMPANY INDICTED

Dec 3 2001 // Ray Ferguson and his Rosenberg, Texas-based company Ray Ferguson Interests Inc. were indicted for allegedly defrauding the Texas Mutual Insurance Co., formerly the Texas Workers’ Compensation Insurance Fund, of some...

Texas Commissioner Orders Farmers to Cease Homeowners Non-Renewal

Nov 19 2001 // Texas Insurance Commissioner Jose Montemayor ordered Farmers Insurance Group to stop all activities related to the company’s recent announcement that it would non-renew all of its most-common homeowners (HO-B)...

Insuring Nonprofits as Markets Harden

Nov 19 2001 // As recession looms and claims costs associated with the terrorist attacks on September 11 add up, insurance markets are beginning to harden for the first time in nearly a decade. Many major property and casualty carriers,...

Is an 80s Revival in Store for Public Entities’

Nov 19 2001 // The insurance market for pubic entities—municipalities, counties, school districts, etc.—seems to be headed for an ’80s revival, but unfortunately nostalgia can’t be attributed as the driving force. This...

IIAT Handbook Available Online

Nov 19 2001 // The Austin-based Independent Insurance Agents of Texas (IIAT) has made its Texas Insurance Agents Handbook available online through its InfoCentral (www.iiat.org) resource, giving subscribers searchable access to both the...

TDI Certifies NTIA Salvage Class

Nov 19 2001 // The North Texas Insurance Auction (NTIA) is now offering a first-of-its-kind “Texas Salvages Title” class, recently accredited by the Texas Department of Insurance (TDI) Continuing Education Division. NTIA...

Central TX CPCU Recognized

Nov 19 2001 // The Central Texas chapter of the CPCU Society (Chartered Property Casualty Underwriters) was honored during the Society’s 57th Annual Meeting in Seattle, Wash., with the Gold Circle of Excellence Award. The chapter...

TX Mutual Complains of Gouging

Nov 19 2001 // Texas Mutual Insurance Company, formerly the Texas Workers’ Compensation Fund, filed a lawsuit accusing four pharmacy chains and two third-party billing companies with price gouging, claiming they overcharged the...