All the headlines from our Texas Topic Page, ordered by recency.
Jun 20 2011 // Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and CEO in late July. He will replace current President and CEO Bob R. Fields,...
Jun 17 2011 // Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines.There has been a four percent increase in the average claim size, according to research by Aon Risk...
Jun 17 2011 // The Texas House approved widespread changes on June 15 to the Texas Windstorm Insurance Association, the organization that insures people who live along the coast.The House passed the bill on a 99-41 vote. The bill must...
Jun 15 2011 // Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for May 2011 resulted in more than $70,000 in fines.Division of Workers’ Compensation final...
Jun 15 2011 // Texas Mutual Insurance Company reported that a Travis County district court sentenced Ellynn A. Ogilvie of Houston to five years of probation, 450 community service hours and a $2,000 fine for workers’ compensation...
Jun 14 2011 // The Independent Insurance Agents of Texas (IIAT) and its Trusted Choice agencies, insurance representatives and other insurance professionals from across the state will gather in Houston, June 22-24, for IIAT’s 114th...
Jun 13 2011 // A 47-year-old Harlingen man was sentenced to more than three years in federal prison for a scheme to defraud a Rio Grande Valley hospital of more than $3.8 million by selling it nonexistent and altered insurance...
Jun 10 2011 // A federal court of appeals has overturned a lower court’s ruling that an “anti-ambulance chasing” bill in Texas is unconstitutional.The U.S. Court of Appeals for the Fifth Circuit determined that U.S....
Jun 10 2011 // The Texas Windstorm Insurance Association (TWIA) announced it has purchased $636 million in reinsurance protection. The policy will cover losses that exceed the $1.6 billion in funds estimated to be available from the...
Jun 9 2011 // Texas-based The Woodlands Financial Group announced it is continuing to expand operations across the country with the opening of four new branch locations.Noel Sanchez has opened a new branch in San Mateo, Calif. Sanchez...
Jun 9 2011 // A Texas House of Representatives committee has approved big changes to the insurance authority that covers coastal properties for wind and hail.The House Insurance Committee passed a bill overhauling the Texas Windstorm...
Jun 8 2011 // Foundation Financial Group announced it is adding new jobs to the Dallas-Fort Worth area. The group is opening a new location at 1903 Central Drive in Bedford, Texas, between Fort Worth and Dallas.The company specializes...
Jun 7 2011 // Texas Gov. Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31. “It...
Jun 7 2011 // Texas-based independent insurance agencies William Gammon Insurance and Higginbotham & Associates have merged. The combined company has more than 500 professionals providing insurance, risk management and employee...
Jun 7 2011 // Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and chief executive officer beginning in late July.He will replace current...
Jun 6 2011 // The severe thunderstorms that struck the United States from May 20 to the 27 will result in insured losses to residential, commercial, and industrial properties and their contents, and to automobiles of between $4 billion...
Jun 6 2011 // Hub, The Transportation GroupHub International Ltd. (Hub) has acquired The Transportation Group Ltd. (TTG), a Dallas and Houston, Texas-based brokerage firm that specializes in insurance and risk management for the...
Jun 6 2011 // Texas lawmakers were unable to come to terms on an overhaul of the state-backed insurer for property along the Texas coast, so they’ll return to Austin in July to try again. Their failure to deal with school finance,...
Jun 6 2011 // The Texas Legislature has passed a measure that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of coverage. Insurance agents are frequently asked to...
Jun 6 2011 // In the wake of Hurricanes Rita, Dolly and Ike, and the inevitable ensuing litigation, many arguments over appraisal provisions surfaced. Most property policies include some form of an appraisal provision, and hurricane...