Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
$84.4M Farmers Insurance Settlement Approved by Texas Court
Jul 20 2015 // A Travis County, Texas, district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The...
Drought Disappearing from Oklahoma, Texas After Record Rainfall
Jul 20 2015 // Record-shattering spring showers across Oklahoma have replenished lakes and reservoirs, helped farmers recover from a difficult year and eliminated any traces of a devastating drought that had gripped the state for five...
People – South Central
Jul 20 2015 // Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men joined IBC in 2000 when IBC...
Wolfe Promoted to VP at Texas-Based All-Star Insurance Group
Jul 17 2015 // All-Star Insurance Group Inc., a full service independent insurance agency headquartered in Gilmer, Texas, has promoted George Wolfe to vice president. Wolfe joined All-Star Insurance in March 2011 after eight years with...
Feds Say Texas Deaths Show DuPont Has ‘Failed’ Safety Program
Jul 13 2015 // U.S. regulators on took DuPont to task for a massive gas leak last year that killed four workers at a plant in Texas, placing the chemical company in its “severe violator enforcement program” and saying the...
Texas-Based Whataburger Says ‘No’ to Open Carry
Jul 13 2015 // An iconic Texas restaurant chain will not allow the open carrying of guns on its properties, and industry experts say other restaurants will likely take the same stand against a new state law legalizing the practice in...
Texas Seeking Applications for Windstorm Insurance Assoc. Board
Jul 12 2015 // The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature. Under Senate Bill 900, the...
Sparks Receives Insurance Council of Texas Raymond Mauk Award
Jul 10 2015 // Craig Sparks, non-executive chairman of Union Standard, has been presented with the Raymond Mauk Leadership Award by the Insurance Council of Texas (ICT). Sparks is the eighteenth recipient of the award. Craig Sparks The...
Intellectual Property: Newegg Loses Patience; Apple Wins New Damages Trial; Jawbone Targets Fitbit
Jul 9 2015 // Newegg Inc. has been waiting for almost two years for a Texas federal judge to make a final ruling on a patent lawsuit it lost. On Monday it stopped waiting and asked an appeals court to force the judge into action. Newegg...
Google Tests Driverless Cars in Texas City
Jul 8 2015 // Google Inc. has selected Texas as the latest testing site for its self-driving car project, the company announced Tuesday. A modified Lexus SUV has already been seen on Austin roads, with safety drivers on board, according...
1347 Property Insurance, Brotherhood Mutual Partner for Wind/Hail Coverage in Texas
Jul 7 2015 // Florida-based 1347 Property Insurance Holdings Inc. is partnering with Brotherhood Mutual Insurance Co. to offer wind/hail coverage in Texas. Under this partnership, 1347 Property Insurance subsidiary, Maison Insurance Co....
Texas Court Approves $84.4M Settlement in Farmers Case
Jul 7 2015 // A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The...
Texas Mutual Pays $4M-Plus Dividend to Texas Oil & Gas Assoc. Group
Jul 6 2015 // Austin-based Texas Mutual Insurance Co., a policyholder-owned company, announced it awarded a dividend of $4,019,352 to the Texas Oil & Gas Association (TXOGA) safety group. The dividend was earned based on the group...
Redpoint Insurance Acquires Texas’ Safeway County Mutual
Jul 6 2015 // Redpoint Insurance Group LLC has acquired Safeway County Mutual Insurance Co. in Dallas, Texas. Terms of the transaction were not disclosed. Safeway County Mutual Insurance will operate under the name Redpoint County...
Agents Need to Know About Texas Workers’ Comp E-Mod Changes
Jul 6 2015 // The number 1.00 means different things to different people. In baseball, 1.00 represents a perfect batting average. But in college, a 1.00 grade point average is about as bad as it gets. In workers’ compensation, a...
Florida Has Most Lightning Claims but Texas Has Highest Cost Per Claim
Jul 6 2015 // The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the...
People – South Central
Jul 6 2015 // Austin, Texas-based Combined Agents of America LLC (CAA) elected Roger Luttrell, president of Benton Luttrell Co. in Van Alstyne, Texas, as its chairman for 2015/16. Other members of the newly elected 2015-16 CAA...
Business Moves
Jul 6 2015 // Patriot National, Brandywine Fort Lauderdale, Fla.-based Patriot National Inc. has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the...
Texas Insurance Trade Group: Beware of July 4 Driving
Jul 2 2015 // Traffic records dating back 30 years continually list July 4 as the deadliest day to travel on our roadways, the Insurance Council of Texas reports. With July 4 landing on a Saturday this year, the mix of summer travel,...
Young Named Associate of the Year by Texas Agent Association
Jul 2 2015 // The Independent Insurance Agents of Texas (IIAT) named Wes Becknell, business development officer at AFCO in La Vernia, as its Young Associate of the Year. The award recognizes a young associate member of IIAT who...
