Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Home Insurers Seek Lawsuit Protection Despite Healthy Profits
Apr 22 2015 // Texas home insurers saw a third straight year of healthy profits in 2014 due to higher rates and fewer severe storms across the state. But The Dallas Morning News reports a rising tide of lawsuits filed by homeowners in...
How to Manage Risk of Valuable Properties Concentrated in Coastal Areas
Apr 21 2015 // U.S insured property values as of 2014 exceed $90 trillion, but the bulk of that is increasingly concentrated in vulnerable coastal areas. With that in mind, new risk metrics could better help monitor exposures, Karen...
Texas’ Residual Property Insurance Markets Hit with Severe Weather Claims
Apr 20 2015 // The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) began responding to policyholders impacted by the severe weather that affected a number of Texas communities last week and over the...
TWIA to Begin Agency Documentation Verification Survey on May 1
Apr 20 2015 // The Texas Windstorm Insurance Association alerted agents that as of May 1, 2015, TWIA would begin implementing an agency compliance program in order to verify agent documentation of private insurer coverage declinations...
Industry, Consumer Group Spokesman Express Opposition to Texas Windstorm Bill
Apr 20 2015 // It’s not often you find an area of agreement between the property/casualty insurance industry and consumer advocacy organizations, but a Texas bill addressing the state’s coastal windstorm insurance pool has...
Texas, Louisiana Improve Building Code Rankings but More Work Needed
Apr 20 2015 // Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to improving the ability of properties...
People – South Central
Apr 20 2015 // Stacey Miller Lemons has joined Dallas-based insurance broker MHBT Inc. as a commercial property/casualty account executive. Lemons, who is based in Lubbock, Texas, has more than 25 years of risk management and insurance...
My New Markets
Apr 20 2015 // My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. One Day Event Insurance Market Detail: ACT Insurance Program offers one-day event insurance...
Home Builders Safety Group Earns $117,226 Texas Mutual Dividend
Apr 17 2015 // Austin-based Texas Mutual Insurance Co. announced it awarded a dividend of $117,226 to the Texas Home Builders (THB) safety group. The dividend was earned based on the group members’ dedication to making safety a...
Sinkholes Added as Threat in Louisiana Disaster Plan; Salt Domes to be Mapped
Apr 16 2015 // Sinkholes will be recognized as threats in the state’s updated hazard mitigation plan. The Daily Comet reports the state is working on a five-year update to its hazard mitigation plan, which must be in place to...
Texas, Louisiana Improve Building Code Rankings; More Work Needed
Apr 14 2015 // Source: Jocelyn Augustino/FEMA Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to...
Nonstandard Auto Insurance Market Is Not For Everybody
Apr 13 2015 // The nonstandard auto market is not for every carrier or agency. Since 2007, carriers writing nonstandard auto policies have reported deteriorating operating performance and many have struggled to maintain market share. But...
Texas Commissioner Appoints 3 to Surplus Lines Stamping Office Board
Apr 10 2015 // Texas Commissioner of Insurance David Mattax has appointed Michael Berry of Cedar Park and Evelyn Miller of Baytown, and reappointed Jennifer Hoff of Cedar Park to serve on the Surplus Lines Stamping Office Board of...
More People Sickened by Listeria Linked to Blue Bell Ice Cream
Apr 10 2015 // An outbreak of a food-borne illness linked to some ice cream products made by Texas-based Blue Bell Creameries has grown to include three people in Texas who became ill, according to federal health authorities. Carol...
Texas Takes Up Comprehensive Ridesharing Bill
Apr 10 2015 // Ridesharing giants Lyft and Uber left San Antonio in their rearview mirror after the nation’s seventh largest city restricted their operations, instead shifting their focus — and money — on convincing Texas...
Scruggs Named CEO of Texas-Based AmWINS Specialty Auto
Apr 9 2015 // AmWINS Group Inc. appointed David Scruggs as chief executive officer of AmWINS Specialty Auto (ASA), based in Richardson, Texas. Scruggs previously served as president of ASA. In his new role, Scruggs will be responsible...
Liberty Mutual to Bring 5K Jobs to North Texas Campus
Apr 9 2015 // Liberty Mutual Insurance expects to have 5,000 employees working at its new campus in the Dallas suburb of Plano by the end of 2017. The nation’s third-largest insurer told employees Tuesday about the new campus, the...
Bell, Smith Top Allstate’s Stormiest Counties in Texas List
Apr 9 2015 // Allstate has tallied the top 25 Texas counties affected by severe weather; identifying areas with highest frequencies of wind and hail, and lightning related homeowner property damage claims from 2010 through 2014. Storms...
Higginbotham Adds Homeowners Association Insurance Practice Group
Apr 8 2015 // A group of five commercial property/casualty insurance professionals led by broker Mark Conner has joined Higginbotham in Houston. The group specializes in homeowners association (HOA) insurance and loss control, serving...
Texas-Based Energy MGAs Partner with Wild Well Control for Pollution Control
Apr 8 2015 // Houston-based upstream oil and gas energy managing general agent (MGA), J.H. Blades & Co. Inc., Swett & Crawford’s Dallas energy team and the recently-acquired Burke Daniels Inc., have joined forces with Wild...
