Latest Texas Headlines

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

And Then There Were Two…

Jul 10 2000 // As nursing home liability coverage costs continue to climb, admitted carriers are pulling out of markets across the county. In Texas—considered, along with Florida, to be one of the most challenged states in this...

Jul 10 2000 // The fall of California Insurance Commissioner Chuck Quackenbush was painful to watch. There was no quick, quiet exit. It was a drawn-out, three-month ordeal documented and driven day by day by the Los Angeles Times and the...

Wokers Comp Claim Costs Higher in Texas

Jun 26 2000 // Workers’ compensation payments for medical care and indemnity (wage-replacement) benefits in Texas are higher than most states analyzed in a new study by the Workers’ Compensation Research Institute.The study...

Liquor Liability

Jun 26 2000 // “It’s nice work if you can get it,” goes the familiar saying. And nowhere does it apply better hant the liquor liability maket, where premiums are good and paid losses are about as low as they can get.The...

School Rules For the New Millennium

Jun 26 2000 // Today, there are roughly 51.5 million public and private school students and 3 million teachers in the United States, according to the NationalSchool Boards Association. And although these schools are scattered across the...

INSURERS AGREE TO REFUNDS

Jun 26 2000 // GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under...

TDI Launches Probe Into Race-Based Pricing of Small Life Policies

Jun 26 2000 // The Texas Department of Insurance is surveying insurers selling “industrial life” and similar small life insurance policies to determine if any are charging African-Americans higher premiums than others.TDI...

Texas Holds Its Own in Insurance Rates

Jun 26 2000 // A closer inspection of NAIC auto premium data reveals something much different than what the consumer media reportedWhen the National Association of Insurance Commissioners released its 2000 report, State Average...

High-Stakes Hurricane Season Arrives

Jun 12 2000 // Residents along the East and Gulf Coasts and in the Caribbean Islands should brace for an above-average 2000 Atlantic hurricane season on par with last year’s season.Forecasters with both the National Oceanic and...

Agent Associations Bridge the GAP BetweenTradition and Technology

Jun 5 2000 // The IIAT and IIAA have the arduous task of integrating a century of traditional service with a new evolution of business and technology. And while many things are changing, much remains the same.For over 100 years, small...

Agent Indemnification: How Not to Get Burned

Jun 5 2000 // Once in a blue moon, the Supreme Court of Texas decides a case that squarely pertains to insurance agents. On April 20, 2000, Justice Alberto Gonzales, writing for a unanimous court, decided an odd one, with potential...

Fitzhugh & Co. Agency Sells to Former National Lloyds COO

Jun 5 2000 // One of Texas’ oldest insurance agencies, created by one of the founding fathers of the association now known as the Independent Insurance Agents of Texas, has been sold by the founder’s 83-year-old grandson,...

Texas Independent Agents to Gather in Dallas for IIAT ConventionSpecial tracks for young agents, C

May 15 2000 // The Independent Insurance Agents of Texas’ annual convention kicks off June 8-10 at the Wyndham Anatole Hotel in Dallas. The opening day will include a full lineup of innovative and practical workshops presented by...

Agency Management Systems In Their Own Words

May 15 2000 // Very few agencies tell short stories about agency management systems. It’s usually more of a trial-and-error tale that includes a series of purchases, regret and, in many cases, a happy ending that is contingent on...

On the Road: Insuring RVs

May 1 2000 // It’s not just your grandparents heading down the road in a Winnebago these days. As the population of RV owners grows, so does the market and the profit margins for insurers.In the 1950s, those silver, bullet-shaped...

Mergers & Acquisitions

May 1 2000 // Brown & Brown, Cornwall & StevensIn an effort to increase its strength in the agriculture area, Brown & Brown Inc. recently acquired nearly all of the assets of Cornwall & Stevens Southwest. Cornwall...

Insuring RVs

Apr 24 2000 // It’s not just your grandparents heading down the road in those Winnebagos these days. As the population of RV owners grows, so does the market and the profit margins for insurers.In the 1950s, those silver,...

Personal WatercraftExpanding the Appeal of Boat Coverage

Apr 24 2000 // Both the marine industry and the insurance industry have witnessed a surge in recreational boating, from mega-yachts to personal watercraft (PWC), over the past few years. According to U.S. Coast Guard estimates, there...

Negligent Misrepresentation-Part II

Apr 24 2000 // Editor’s note: The first portion of this article appeared in our April 10 issue, page 28.The tort of negligent misrepresentation protects commerce from loss-producing, negligently supplied misinformation. It is...

National Class-Action Filed Against Prudential; Seeks Similar Remedy To Texas Decision

Apr 14 2000 // A federal class-action lawsuit filed this week against Prudential Insurance and its healthcare subsidiaries may affect several million people across the U.S. who are participants in, or beneficiaries of, Prudential...