Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Marsh & Mclennan Agency Acquires Texas Benefits Firm
Feb 7 2017 // Marsh & McLennan Agency LLC (MMA) has acquired iaCONSULTING, a Lubbock, Texas-based employee benefits consulting firm. Terms of the transaction were not disclosed. Founded in 1994, iaCONSULTING offers a wide range of...
Texas Offers Grace Period for Workers’ Comp Reporting
Feb 7 2017 // The Texas Division of Workers’ Compensation (DWC) is offering a temporary grace period to those employers who have not met workers’ compensation reporting requirements in the past — allowing them to report...
E&S Market Continues to See Growth in Premium: Texas Stamping Office
Feb 6 2017 // Overall, 2016 ended on a positive note for the U.S. excess and surplus lines insurance industry, according to the Surplus Lines Stamping Office of Texas (SLTX). Nationally, nearly $26 billion in surplus lines insurance...
Texas Governor Calls for Legislation to Rein in Hailstorm Litigation
Feb 2 2017 // In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against...
Texas Stamping Office Updates Eligible Surplus Lines Insurers List
Feb 2 2017 // The Surplus Lines Stamping Office of Texas (SLTX) has identified the following changes to the Texas the list of eligible surplus lines insurers in the state. Approved eligible insurers effective Jan. 1, 2017 include alien...
Texas Truck Driver Charged in Fatal Oklahoma Crash Has Died
Feb 1 2017 // A Texas truck driver accused of causing a 2014 crash in Oklahoma that killed four college softball players has died by suicide at his home. The prosecutor in the Oklahoma case, Murray County District Attorney Craig Ladd,...
Texas Seeking Public Members for Insurance Guaranty Boards
Jan 30 2017 // The Texas Department of Insurance (TDI) is accepting applications through March 1 for public members of two boards: The Texas Property and Casualty Insurance Guaranty Association Board of Directors. The board oversees the...
Encore Special Risks Launches Texas Preferred Homeowners Program on Spinnaker Paper
Jan 30 2017 // Richardson, TX, January 30, 2017- Encore Special Risks, LLC and Spinnaker Insurance Company have launched a new Texas Preferred Homeowners HO-B program, making superior quality coverage available to homeowners in...
Texas Construction Site Fire Leaves 1 Worker Dead, 1 Injured
Jan 24 2017 // Officials say one electrical worker has died and another was critically hurt in a fire at a downtown Amarillo, Texas, construction site. An official with University Medical Center in Lubbock says Roger Copelin suffered...
Texas Stamping Office: Upward Trend Continues for Surplus Lines
Jan 24 2017 // Overall, 2016 ended on a positive note for the U.S. excess and surplus lines insurance industry, according to the Surplus Lines Stamping Office of Texas (SLTX). Nationally, nearly $26 billion in surplus lines insurance...
People
Jan 23 2017 // Texas Commissioner of Insurance David Mattax has been elected secretary-treasurer of the National Association of Insurance Commissioners (NAIC), and Oklahoma Insurance Commissioner John D. Doak was elected vice chair of...
Surplus Lines Specialty Coverages on the Upswing in Texas
Jan 23 2017 // The Surplus Lines Stamping Office of Texas, which recently changed its acronym from SLSOT to SLTX, reported at the end of 2016 that the number of surplus lines policy filings had surpassed the numbers recorded in 2014 or...
Regulators: Texas Workers’ Comp Attorney Fees Go Up Jan. 30
Jan 19 2017 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) reported that the maximum hourly rates that may be charged by attorneys and legal assistants in the workers’ compensation system...
Nored Named to Head Legal Division at Texas Insurance Department
Jan 18 2017 // Texas Insurance Commissioner David Mattax has selected Michael Nored to head the Legal Division at the Texas Department of Insurance. Nored replaces Stan Strickland, a 21-year veteran of the agency who is leaving at the...
Severe Storms Cause Damage Across Texas
Jan 17 2017 // A powerful storm system unleashed strong winds and torrential rains across much of Texas over night on Sunday, knocking out power, damaging homes and flooding streets. Authorities say at least 30 homes were damaged when...
Midwest Regulation Report Card: States’ Grades Range from A to D
Jan 9 2017 // Grades assigned to the insurance regulatory systems in the Midwest states of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin range from A to D in a...
South Central Regulation Report Card: Texas’ Grade Rises, Arkansas’ Drops
Jan 9 2017 // No South Central state had the best score and none had the worst in a report recently released by a conservative-leaning research organization that annually assesses the effectiveness states’ insurance regulatory...
Percentage of Texas Workers’ Comp System Non-Subscribers Declines
Jan 9 2017 // The percentage of companies that don’t participate in the Texas workers’ compensation system has fallen to the lowest level since 1993, the agency that regulates this line of insurance in the state has...
Crew Leader in Deadly Texas Balloon Crash Killed in Motorcycle Accident
Jan 6 2017 // The ground crew leader for a Texas hot air balloon company involved in a 2015 deadly crash has been killed in a motorcycle accident. The Austin American-Statesman reports Alan Thomas Lirette was a key witness in the...
Texas OKs New Rule for Wrap-Up Construction Project Policies
Jan 5 2017 // The Texas Department of Insurance (TDI) has approved a filing by the National Council on Compensation Insurance (NCCI) to establish eligibility requirements for wrap-up construction project policies. The changes in Item...
