Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Hub International Acquires Texas-Based IPS Advisors
Feb 5 2018 // Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of IPS Advisors LLP and IPS RIA LLC (IPS Advisors). IPS is headquartered in Dallas, Texas, with offices in Houston, Austin,...
CoreLogic: Harvey an Exception to a Relatively ‘Normal’ Hazard Activity Year
Feb 5 2018 // While natural weather hazard activity could be largely categorized as “normal” last year, regional exceptions occurred, notably: wildfires in California and hurricane activity in Texas and the...
A.M. Best Ratings Recap
Feb 5 2018 // Rating Assigned: Pan-American Casualty A.M. Best assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Pan-American Casualty Co. (PACC) in Richardson, Texas.The...
Lowe’s to Pay $55K to Settle Charges of Discrimination at Texas Store
Feb 5 2018 // Lowe’s Home Centers LLC, a nationwide chain of home improvement and hardware stores, will pay $55,000 to settle a disability discrimination lawsuit filed on behalf of a manager at one of the company’s stores in...
Texas AG Sues Tree Company Over Deadly, Damaging 2011 Wildfire
Feb 5 2018 // Texas is suing a vegetation management company that it alleges caused the 2011 Bastrop County Complex Fire, the most destructive wildfire in Texas history. The lawsuit filed on Jan. 19 by Texas Attorney General Ken Paxton...
Texas Town Reaches $10.4M Settlement in 2013 Fertilizer Plant Blast Suit
Feb 5 2018 // A Central Texas town devastated by a 2013 fertilizer plant explosion that killed 15 people, many of them emergency personnel, has reached a settlement of its lawsuit for damages caused by the blast. The city council in...
Texas Workers’ Comp Division: Nonsubscriber Annual Reports Are Due
Feb 2 2018 // Annual reporting for employers without workers’ compensation insurance must be submitted to the Texas Division of Workers’ Compensation (DWC) by April 30. By law, Texas employers that do not provide...
Insurance Council of Texas: Justified Consumer Complaints Minimal in 2017
Jan 31 2018 // Despite another year of bad weather, data from the Texas Department of Insurance (TDI) shows that justified consumer complaints continued to be low, the Insurance Council of Texas (ICT) reports. Out of 6.7 million...
NCC Difference Makers Adjusters Conference 2018 to be Held in San Antonio, Texas
Jan 31 2018 // Atlanta, GA, January 31, 2018 – National Claims Connection (NCC) is hosting the 2018 Adjusters Conference on February 25-27, 2018 at the historic Menger Hotel in San Antonio, Texas. NCC has partnered with sister...
Lowe’s to Pay $55K for to Settle Charges of Discrimination at Texas Store
Jan 30 2018 // Lowe’s Home Centers LLC, a nationwide chain of home improvement and hardware stores, will pay $55,000 and provide other relief to settle a disability discrimination lawsuit filed on behalf of a manager at one of the...
National Hurricane Center: Harvey’s Rains Make It Second-Costliest U.S. Hurricane
Jan 29 2018 // Record-breaking Hurricane Harvey became the second-costliest storm to hit the U.S. and dropped more rain than any other system ever. Harvey, the strongest hurricane to hit the U.S. since 2005, killed at least 103 people...
Foreclosure Fears Rise in Texas with Jump in Late Mortgages After Harvey
Jan 29 2018 // As Jacob Lerma surveyed the skeletal beams of his suburban Houston home that was flooded during Hurricane Harvey, he kept muttering three words as he wondered if his family would ever be able to move back in: “I...
West, Texas, Accepts $10.4M Settlement in 2013 Fertilizer Plant Blast Suit
Jan 26 2018 // A Central Texas town devastated by a 2013 fertilizer plant explosion that killed 15 people, many of them emergency personnel, has reached a settlement of its lawsuit for damages caused by the blast. The city council in...
Startup Neptune Offering Digital Private Flood Product to Agents, Carriers in Nationwide Expansion
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
2017’s Natural Hazards and the Destruction They Brought: CoreLogic
Jan 25 2018 // CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in California and flooding from...
Winkley Joins Texas Security General Insurance Agency as VP
Jan 24 2018 // Texas Security General Insurance Agency LLC (TSGA) in San Antonio, Texas, has added David A. Winkley as vice president of Commercial Lines. A former business owner, Winkley has industry experience in retail production,...
Tree Company Sued, Blamed for 2011 Texas Wildfire that Killed 2
Jan 23 2018 // Texas is suing a vegetation management company that it alleges caused the 2011 Bastrop County Complex Fire, the most destructive wildfire in Texas history. The lawsuit filed on Jan. 19 by Texas Attorney General Ken Paxton...
Regions Insurance Taps Breedlove to Lead Property & Casualty Operations from Georgia
Jan 23 2018 // Regions Insurance, an affiliate of Regions Bank, has named Mike Breedlove executive vice president of Property & Casualty Operations. Breedlove will be responsible for leading the company’s property &...
Homes Destroyed, Power Outages in Texas Storm
Jan 22 2018 // Heavy thunderstorms produced hail and possible tornadoes in northeast Texas on Sunday night, with the communities of DeKalb and Winnsboro hardest hit, according to the Insurance Council of Texas. In DeKalb, a possible...
Female Rowers Sue University in Texas Court Alleging Gender Discrimination
Jan 22 2018 // Members of the SMU women’s rowing team have sued the school, alleging gender discrimination and negligence led to hip injuries. The lawsuit was filed in federal court in Dallas, Texas on behalf of seven past and...
