Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Declarations
Nov 6 2023 // Underinsured Cannabis “What I am seeing is that there are insureds that are underinsured. … So, there’s still a lot of insurance to be sold.” — Curtis Prince, CEO and founder of Flux Insurance...
Business Moves
Nov 6 2023 // East World Insurance Associates, Oakwood Insurance Agency World Insurance Associates has acquired the business of Oakwood Insurance Agency LLC, also doing business as Insure Big Rig, of Califon, New Jersey. Oakwood has...
Louisiana Courts Still Tidying Up After Storm of McClenny Moseley Lawsuits
Nov 3 2023 // In December 2022, before much was known about how McClenny Moseley & Associates in Houston was able to set up shop in New Orleans and sign-up thousands of Louisiana clients in less than a year, US District Court Judge...
Texas Court: Immunity Doesn’t Protect Local Governments From Administrative Penalties
Nov 2 2023 // Political subdivisions in Texas can’t use governmental immunity to evade administrative penalties for failing to timely pay workers’ compensation benefits, a state appellate court ruled Tuesday. A panel of the...
Texas Supreme Court Hears Arguments in Challenge to Public Adjuster Law
Oct 30 2023 // Insurers and the Texas Department of Insurance hope to persuade the state Supreme Court to block a constitutional challenge to a law that prohibits roofing contractors from acting as public adjusters on their...
Texas Women Want Careers as Truck Drivers Say They Can’t Get a Job Because of Their Gender
Oct 27 2023 // Ashli Streeter entered truck driving school with high hopes of the open road and a well-paying job. The 27-year-old from Killeen took out a $7,000 loan for school and received her commercial driver’s license in May....
Flights Delayed and Canceled at Texas Airport After 2 Private Jets Clip Wings on Airfield
Oct 26 2023 // Flights were delayed and canceled this week at Houston`s William P. Hobby Airport as crews cleaned up after two private jets clipped wings when they were moving on the airfield, officials said. No injuries were reported...
Texas’ QuoteWell Announces Launch of Brokerage Operations
Oct 25 2023 // QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail...
People Moves: Texas Mutual Promotes Sherrouse and Dowling to VP Positions
Oct 24 2023 // Texas Mutual Promotes Sherrouse and Dowling to VP Positions Texas Mutual Insurance Company, headquartered in Austin, Texas, promoted two current employees to vice president. Peppia Sherrouse is Texas Mutual’s new...
Judge Rules Against Alex Jones, Denies Bankruptcy Protection in Sandy Hook Lawsuit
Oct 24 2023 // HOUSTON (AP) – A Texas judge has ruled that Infowars host Alex Jones cannot use bankruptcy protection to avoid paying more than $1.1 billion to families who sued over his conspiracy theories that the Sandy Hook school...
Texas Cities Struggle to Quit Coal Power as Demand Rises and Market Incentives Favor Fossil Fuels
Oct 23 2023 // Two dates in recent memory have shaped the uncertain future of the Fayette Power Project, a coal-fired power plant near La Grange. First, on March 26, 2020, the Austin City Council approved an emissions-reduction plan that...
Summer Heat May Have Cost Texas Economy $24 Billion: Dallas Fed
Oct 19 2023 // Each degree of warming in Texas slows the state’s economy, an analysis by economists at the Federal Reserve Bank of Dallas found. Extreme heat this year may have cost the Texas economy $24 billion, or reduced the...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture
Oct 19 2023 // Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for Christoph Gebald, whose startup, Climeworks AG,...
Texas Department of Insurance Names Rudnai as Captive Specialist
Oct 18 2023 // The Texas Department of Insurance (TDI) has announced the hiring of Robert Rudnai as its captive insurance specialist. Rudnai is responsible for licensing and monitoring Texas-based captives and alerting businesses to the...
People Moves: Newfront Adds Burns, Sheppard in Texas
Oct 16 2023 // Newfront Adds Todd Burns and Lee Sheppard in Texas Newfront, a tech-driven insurance brokerage firm based in San Francisco, has expanded its footprint with strategic additions in Austin, Texas. Todd Burns joins as Senior...
AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues
Oct 16 2023 // The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses and regulations that the rating firm said hinder the insurance giant’s ability to...
Texas Supreme Court Hears Arguments on Attorney Fee Awards When Appraisal Awards Are Paid
Oct 13 2023 // Insurance defense attorneys last week urged the Texas Supreme Court to uphold the “plain language” of a law passed in 2017 that they say precludes recovery of attorney fees in cases where the insurer pays the...
Texas Mutual Awards Over $2M in Safety Grants
Oct 11 2023 // Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, has awarded over $2 million in safety grants to policyholders. The safety grant program opened in July and...
ALKEME Acquires Cartier Insurance Service Group in Texas
Oct 10 2023 // ALKEME acquired Cartier Insurance Group in Houston, Texas and serving Texas, California and Arizona. Cartier Insurance Company is focused on insurance for the trucking and transportation industry and has diversified its...
Physician and Pharmacists Charged in Texas for $170M Fraud Scheme
Oct 6 2023 // A 13-count indictment was unsealed today charging two pharmacists and a physician for their roles in a multimillion-dollar healthcare fraud, kickback and money laundering scheme. A federal grand jury in Houston returned...
