All the headlines from our Texas Topic Page, ordered by recency.
May 7 2021 // San Francisco-based insurance broker and consulting firm Woodruff Sawyer has added Jon Janes to its Management Liability team as a vice president. He is based in Austin, Texas.Janes specializes in D&O risk for public...
May 7 2021 // The Texas Department of Insurance (TDI) has adopted a rule that requires individuals, agencies, and companies regulated by TDI to designate an email address for official communications from TDI.To add or update an email...
May 6 2021 // In its report on the Oct. 26, 2019, hydrogen sulfide gas release that killed a Texas oilfield worker and his wife, the U.S. Chemical Safety Board (CSB) says it found multiple safety issues at the site where the incident...
May 5 2021 // Numerous insurance-related bills have been filed during the current Texas legislative session and many of them have begun moving in the Texas House and Senate.Among those bills that have recently been acted on and are of...
May 5 2021 // AM Best has assigned a financial strength rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Southlake Specialty Insurance Co. (SSIC) and its subsidiary, Westlake Specialty Insurance Co.,...
May 4 2021 // The National Weather Service in Fort Worth reported that its preliminary storm results survey from the severe weather that swept north and central Texas on May 3 showed two EF-2 tornadoes and three EF-0 tornadoes. The...
May 4 2021 // Workers’ compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends in June, the company said.More than 57,000 Texas business owners, representing approximately 79% of...
May 4 2021 // Despite less traffic on the road in 2020 and a 2% reduction in motorcycle crashes, there was a 17% increase in Texas motorcycle fatalities compared to 2019, state transportation officials say.The Texas Department of...
May 4 2021 // IRVING, Tx., May 3, 2021 — Breckenridge Group has launched Breckenridge General Agency (BreckGen), a non-standard auto insurance managing general agency providing Texas insurance agents with a new outlet for affordable...
May 3 2021 // Insurvia, a Gemspring Capital portfolio company with holdings including Fiesta Insurance and Bravo General, has acquired La Familia Agency LLC, an independent insurance agency based in Dallas, Texas.La Familia Agency (LFA)...
May 3 2021 // As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February.That number reflects preliminary results from a data call...
May 3 2021 // The Texas Supreme Court on April 9 reversed lower court rulings and found that Farmers Insurance was within its rights when it decided 19 years ago not to renew homeowners’ policies that it feared would have forced...
Apr 30 2021 // Violent spring storms packing high winds and large hailstones in Texas and Oklahoma on April 28 likely caused $3.5 billion in damage, according to Accuweather.com. Additionally, the National Weather Service confirmed an...
Apr 30 2021 // A woman who chipped in $100,000 toward a settlement after a car crash can sue her insurer to seek recovery of that cost, but cannot seek damages in excess of the policy limits for negligent failure to settle because there...
Apr 29 2021 // The Texas House gave approval on April 28 to a bill that would expand the state’s medical cannabis program to include those with chronic pain, all cancer patients and Texans suffering from PTSD.House Bill 1535, by...
Apr 29 2021 // The Surplus Lines Stamping Office of Texas (SLTX) reported that the state has seen record-breaking premiums in the first quarter of 2021, with a total of $2 billion in premium representing a 20.1% increase over the same...
Apr 28 2021 // Texas legislation requiring an occupational insurance policy to include a specified disclosure statement clarifying the policy is not a workers’ compensation policy has passed the state House of Representatives.House...
Apr 28 2021 // A 2020 decision by the Supreme Court of Texas that limits workers’ compensation air ambulance payments to what is “fair and reasonable,” has been allowed to stand by the U.S. Supreme Court, according to...
Apr 27 2021 // The number of Texas work zone fatalities increased by 9% in 2020 compared to 2019, according to state transportation officials.Drivers and their passengers account for the majority of those who have died in work zone...
Apr 26 2021 // A Texas-based dredging company has been charged with violating the Clean Water Act in connection with a coastal Louisiana oil spill in 2016 and faces a fine of up to $200,000, the Environmental Protection Agency...