Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Brown & Brown Acquires Assets of Brookstone Insurance Group in Texas
Sep 16 2020 // Brown & Brown Lone Star Insurance Services Inc., a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Brookstone Insurance Group. Brookstone Insurance Group provides...
Attendance Limits at Some Live Entertainment, Sports Events Easing in Houston
Sep 11 2020 // Houston officials on Sept. 9 announced new rules that would allow some live events like concerts and attendance by fans at some sporting events to resume as the positivity rate for the coronavirus in the city continued to...
Texas Reminds Insurers, Agents of Data Accuracy Responsibilities
Sep 10 2020 // The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they are responsible for the accuracy of the data used in rating, underwriting, and...
Texas Counties See Drop in Flood Policies, Insurance Department Says
Sep 10 2020 // A number of flood-prone Texas counties have seen a decline in the number of flood insurance policies in place, the state insurance department reported Despite hurricanes, Corpus Christi region has had a decrease in the...
Texas Governor Extends Coronavirus Disaster Declaration
Sep 9 2020 // Texas Gov. Greg Abbott has renewed the state’s disaster declaration in response to the coronavirus pandemic as the state approaches nearly 13,500 deaths. When Abbott first issued his emergency order on March 13,...
London Underwriters Launches Online Agent Platform in Texas
Sep 8 2020 // London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas. London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program...
Sheriff: 5 Boats Sank in Austin Area Trump Parade, No Injuries
Sep 7 2020 // Five boats sank in a Texas lake during a nautical parade in support of President Donald Trump as tightly packed boats created large waves, officials said Sunday. Boaters began calling for help “almost...
Solving Risk Puzzles in a Complex World
Sep 7 2020 // Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly...
Defendants in Separate COVID-19 Business Interruption Suits Score Wins in Texas Courts
Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms. In one, an insurance agency was added to a restaurant...
Texas Windstorm Insurer: No Rate Change for Now
Sep 7 2020 // The board of directors of Texas’ property insurer last resort for wind and hail in the state’s coastal counties voted in August to file a 0% rate change with the Texas Department of Insurance The Texas...
Well Off Texas Coast Spewing Natural Gas Plume
Sep 3 2020 // Efforts to stem a plume spewing on Sept. 1 from an offshore natural gas well platform in Texas have been hampered by rough waters, but officials say the environmental impact has been minimal. The U.S. Coast Guard said that...
West Texas Mass Shooting Victims’ Families Sue Gun Supplier, Manufacturer
Sep 2 2020 // Family members of two of the deceased Odessa, Texas, mass shooting victims are suing the person who supplied the AR-style firearm to the mass shooter and the gun parts manufacturer for over $1 million in damages. The...
Texas’ HIIG Launches New E&S Brokerage Business Unit
Sep 2 2020 // Houston International Insurance Group Ltd. (HIIG) has launched an E&S (excess and surplus) brokerage business unit to provide liability and property insurance products and services to the wholesale brokerage...
Key Air Monitors Offline After Laura Hits Louisiana Energy Hub
Sep 1 2020 // Hazardous emissions from a chlorine plant fire, abruptly shuttered oil and gas refineries and still-to-be assessed plant damage are seeping into the air after Hurricane Laura, regulators say, but some key state and federal...
Rust-Ewing, Assurance One Changing Name to Texas First Insurance
Aug 31 2020 // Rust-Ewing, Watt, & Haney Inc., a Texas City, Texas-based provider of personal and commercial insurance products, has reported that Rust-Ewing Insurance and Assurance One Insurance are being renamed Texas First...
CoreLogic Estimates Hurricane Laura Insured Losses at $8B to $12B
Aug 28 2020 // Property information, analytics and data provider, CoreLogic, has estimated residential and commercial insured losses from Hurricane Laura in Louisiana and Texas will come in at between $8 billion and $12 billion. That...
Analysts Warn of Effects of Hurricane Laura Losses on P/C Insurers
Aug 27 2020 // Ratings analysts A.M. Best and Moody’s are expecting property/casualty insurers and reinsurers to suffer meaningful losses from Hurricane Laura. A.M. Best expects losses from Hurricane Laura to place added stress on...
Hurricane Laura Slows After Landfall; Inland Storm Surge Expected
Aug 26 2020 // HOUSTON, Texas, Aug 27 08:12 AM – Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful storms to hit the state, with forecasters warning it could push a massive wall...
Former Texas Insurance Agent Sentenced to 14 Years in Prison
Aug 26 2020 // Lynn “Skipper” Strickland of Parker County, Texas, a former insurance agent who sold policies while claiming his license was still in effect, has been sentenced to 14 years in state prison for fraud, state...
Hurricane Laura Expected to Be Category 4 When It Hits Texas, Louisiana
Aug 26 2020 // Hurricane Laura was expected to rapidly strengthen to a Category 4 hurricane on Wednesday on a steady track to hit the Texas-Louisiana Gulf Coast after dark, causing catastrophic damage, the National Hurricane Center...
