Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Suits over Texas Softball Team’s Fatal Crash Settled or Dismissed
Mar 23 2015 // Though final report on an Oklahoma bus crash that killed four North Central Texas College softball players is still pending, three lawsuits have been dismissed or settled, though the reasons and terms have not been...
Business Moves
Mar 23 2015 // Integro, Design Insurance Agency Insurance brokerage and risk management firm Integro has acquired Design Insurance Agency Inc., a specialist brokerage providing professional liability coverage and risk management services...
Tennessee Weighs Workers’ Compensation ‘Option’ Legislation
Mar 23 2015 // Tennessee may soon have its own alternative workers’ compensation insurance through new legislation by Republican lawmakers known as the Tennessee Employee Injury Benefit Alternative. State Sen. Mark Green and Rep....
Texas Commissioner Files Revised Farmers Insurance Refund Settlement
Mar 23 2015 // On the heels of a $325.5 million dollar refund agreement with the state’s largest homeowners insurer, State Farm Lloyds, Texas Department of Insurance Commissioner David Mattax filed a revised settlement with the...
Jury Verdict Favors Texas Insurer in Hidalgo County Hail Claim Case
Mar 23 2015 // A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that...
M&A Calendar: P/C Agent, Broker Mergers & Acquisition Headlines in 2014
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
People – South Central
Mar 23 2015 // Waco, Texas-based Insurors Indemnity Cos. named Dave Talbert as president and chief executive officer. Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry experience, having previously...
Prosecutor Accused of Misconduct in Texas Arson-Related Execution Case
Mar 20 2015 // A prosecutor who handled the case of a Texas man executed for the fire deaths of his three daughters has been formally accused of misconduct over allegations that he concealed evidence during the 1992 murder trial. The...
Judge Dismisses Mayflower, Arkansas Oil Spill Lawsuit
Mar 19 2015 // A federal class-action lawsuit against Exxon Mobil Corporation over a 2013 crude oil spill in central Arkansas has been dismissed by a federal judge, who acknowledged in his ruling that his decision seems unfair. U.S....
Hallmark Insurance Group Ratings Affirmed, Outlook Still Negative
Mar 19 2015 // A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of the members of Fort Worth, Texas-based Hallmark Insurance Group (Hallmark...
Texas A&M: Student/Faculty Personal Data Mistakenly Published
Mar 16 2015 // Texas A&M may have accidentally compromised personal data belonging to about 5,000 graduate students and university faculty members. An email sent out by the university earlier said Social Security numbers, along with...
Feds: Texas Company’s Guardrails Meet Safety Standards in 8 Crash Tests
Mar 16 2015 // Federal officials said that a guardrail system found on many U.S. highways met safety standards in crash tests that followed accusations they have speared cars. Forty states have stopped installing the guardrails, and...
Safety an Issue as Oilfield Companies Cut Costs During Downturn
Mar 13 2015 // A deadly oil well explosion in Texas’ Permian Basin this week offers a cautionary note of the industry’s challenges as companies cut costs during a market downturn. Even as deaths in the industry have climbed...
3 Killed in West Texas Oil Field Explosion
Mar 12 2015 // An oil field rig exploded in West Texas killing three workers on March 10. Investigator Dusty Kilgore of the Upton County Sheriff’s Office said the accident happened Tuesday morning near Rankin, about 40 miles south...
U.S. Safety Agency Says Trinity Did Not Hide Guardrail Defects
Mar 12 2015 // The Federal Highway Administration rejected assertions from two guardrail-industry professionals who said Trinity Industries Inc. tried to hide defects in its roadway safety system by secretly developing a version of the...
IICF Announces $505K in Grants at Dallas Benefit Dinner
Mar 11 2015 // The Insurance Industry Charitable Foundation’s (IICF) Texas/Southeast Division announced it is providing a record-breaking $505,000 in grants to area and regional nonprofits in 2015. The grants total is the largest...
Study Links Flooding, Drought to Urban Expansion
Mar 11 2015 // A heads-up to New York, Baltimore, Houston and Miami: a new study suggests that these metropolitan areas and others will increase their exposure to floods even in the absence of climate change, according to researchers...
Texas Commissioner Files Revised Farmers Insurance Refund Settlement
Mar 10 2015 // On the heels of a recent multi-million dollar refund agreement with the state’s largest homeowners insurer, Texas Department of Insurance Commissioner David Mattax announced a revised settlement with the second...
More States Eye Use of Drug Formularies in Workers’ Compensation
Mar 10 2015 // While workers’ compensation pharmacy benefit managers have been utilizing drug formularies to control prescription drugs costs and monitor medical treatments for a long time, states are now catching on. Drug...
Jury Verdict Favors Texas Insurer in Hidalgo County Hail Claim Case
Mar 9 2015 // A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that...
