All the headlines from our Texas Topic Page, ordered by recency.
Feb 5 2020 // Swingle Collins & Associates, one of the largest independent insurance agencies in Texas, has appointed Mac Wesson president of the agency.Wesson comes to Swingle Collins with more 40 years of insurance industry...
Feb 4 2020 // Premium data from all surplus lines stamping offices for 2019 shows that California once again led the nation in total surplus line premiums, possibly boosted by construction spending and wildfires.The Surplus Line...
Feb 4 2020 // AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas-based National Lloyds...
Feb 4 2020 // Roach Howard Smith & Barton (RHSB), an independent insurance brokerage firm based in North Texas, has added Lucas Nelson as vice president in the agency’s Commercial Property/Casualty sales practice.Nelson has...
Feb 4 2020 // South & Western General Agency Inc., with offices in Addison, Texas, and Memphis, Tennessee, has reached an agreement with AmTrust to underwrite and service AmTrust’s Farm and Ranch business in Oklahoma and...
Feb 3 2020 // Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC have entered into a definitive agreement for the sale of Hilltop subsidiary, National Lloyds Corp. (National Lloyds), to Align in an all-cash transaction...
Feb 3 2020 // A second worker has died of injuries from a Central Texas oil well blowout, the company said.Chesapeake Energy spokesman Gordon Pennoyer said the worker died Thursday evening at a hospital. Another worker was killed in...
Feb 3 2020 // An electrical spark likely ignited a gas leak that led to a massive explosion in Houston last week, killing two workers, injuring 20 others and damaging hundreds of buildings, law enforcement officials said.Highly...
Jan 31 2020 // One person was killed and three others were injured on Jan. 29 in the blowout of a Central Texas oil well.All four were contractors working at a Chesapeake Energy well site on a county road near Deanville, Texas, 28 miles...
Jan 31 2020 // USG Insurance Services Inc., a national wholesaler and MGA, has added Faryl Teague as producer/broker, commercial lines, to its Arlington, Texas, team.Teague joins the USG team with 11 years of underwriting and brokerage...
Jan 29 2020 // HHDP Security, a Houston-based security company, has been convicted of premium fraud and ordered by a Travis County District Court judge to pay $51,131 in restitution, the Texas Department of Insurance, Division of...
Jan 27 2020 // Texas state Rep. J.M. Lozano has been appointed to the Texas Windstorm Insurance Association (TWIA) Legislative Oversight Board, a group of four State Representatives and four State Senators that will closely monitor TWIA...
Jan 27 2020 // Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, has promoted Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed Ed Titus, who...
Jan 27 2020 // Excess and surplus lines insurance premium (E&S) in Texas reached $6.95 billion in 2019, a 14.36% increase over 2018’s premium total of $6.08 billion, according to the Surplus Lines Stamping Office of Texas...
Jan 27 2020 // The new year brought some changes to residential and commercial policies provided by Texas’ insurer of last resort for wind and hail along the coast.New coverages, terms and conditions now apply to Texas Windstorm...
Jan 27 2020 // A multi-billion dollar boom in petrochemical plants proposed along the U.S. Gulf Coast could pump as much greenhouse gas into the air as 131 coal-fired power plants by 2030, according to a study released by University of...
Jan 24 2020 // Surplus lines flood insurance premium filed with the Surplus Lines Stamping Office of Texas (SLTX) has increased annually over the past five years, according to SLTX.Additionally, while NFIP premium dipped in 2017, it rose...
Jan 24 2020 // Houston-based Galiot Insurance Services, with a specialty in the life sciences sector, and insurance broker Higginbotham, headquartered in Fort Worth, Texas, have merged operations.Galiot President and CEO Brian Toglia,...
Jan 23 2020 // The owner of a chemical tanker ship has denied any liability for a collision with a fishing boat off the coast of Texas that killed one crew member and left two more missing and presumed dead.Norway-based Odfjell SE filed...
Jan 22 2020 // Kara Mace has been tapped as deputy commissioner for the newly created Legal Services program at the Texas Department of Insurance, Division of Workers’ Compensation. Legal Services will handle rule development, open...