Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Keystone Agency Investors Partners with Texas’ Garrett Insurance Agency
Mar 17 2021 // Pennsylvania’s Keystone Agency Investors (KAI) has partnered with Kerrville, Texas-based Garrett Insurance Agency to facilitate KAI’s entry into that state. Founded in 1918, Garrett Insurance Agency is an...
Pedestrian Deaths Continue to Rise in Texas
Mar 16 2021 // Transportation officials warn that pedestrian deaths are continuing to increase in Texas, and now account for 1 in 5 of all traffic fatalities. Traffic crashes took the lives of 3,150 pedestrians in Texas from 2015 to...
Who Will Pay for the Freeze and Subsequent Meltdown in Texas?
Mar 16 2021 // Today in Texas homes and businesses, the lights are on and clean water flows. But for one week in February, the entire state of Texas was brought to its knees by a massive winter storm creating such a demand for...
Texas Medical Practice to Pay $375K in Religious Discrimination, Retaliation Case
Mar 15 2021 // A Texas-based medical practice that federal officials say subjected employees to religious discrimination and retaliation will pay $375,000 to settle the case following a judgement by a federal court. Tim Shepherd M.D.,...
Tornadoes in Texas Panhandle, No Injuries Reported
Mar 15 2021 // Several suspected tornadoes touched down Saturday afternoon in the Texas Panhandle between Lubbock and Amarillo, according to the National Weather Service, but no injuries or fatalities were reported. Two possible...
Texas-Based BNSF Ordered to Pay $290K in Whistleblower Case
Mar 15 2021 // Federal labor officials have ordered Fort Worth, Texas-based BNSF Railway Co. to pay more than $290,000 in back pay, damages and fees, and reinstate an employee after an investigation found the worker’s rights were...
Hamilton Reappointed as Texas Public Insurance Counsel
Mar 12 2021 // Melissa Hamilton has been reappointed as public counsel for the Texas Office of Public Insurance Counsel (OPIC), which represents insurance consumers in regulatory matters relating to insurance rates, rules and...
Relation Insurance Services Acquires Assets of Texas Agencies, InSource and Shepard
Mar 10 2021 // Relation Insurance Services Inc. (Relation) has entered the Texas market with the acquisition of the assets of InSource Insurance Agency Inc. (InSource), in San Antonio, and Shepard Insurance Agency (Shepard),...
Texas Oil, Gas Interests Left to ‘Self-Regulate’ in Aftermath of Winter Storm
Mar 9 2021 // After being battered by withering criticism of its management of the power grid during February’s winter storm, the Electric Reliability Council of Texas (ERCOT) saw several of its board members resign and fired its...
$509M in Surplus Lines Insurance Premium Recorded in Texas in February
Mar 9 2021 // Texas surplus lines insurance premium recorded in Texas in February totaled $509.48 million, the Surplus Lines Stamping Office of Texas (SLTX) has reported. With the addition of February premium, the year-to-date total...
Porch Group to Acquire Texas MGA/Insurer, Homeowners of America
Mar 8 2021 // The Porch Group, a software platform focused on home services companies, is acquiring Irving, Texas-based managing general agent and insurance carrier, Homeowners of America (HOA). Under a merger agreement, Porch will...
AccuWeather Raises Texas Damage, Loss Estimate from Winter Storm to $130B
Mar 5 2021 // Damage costs and economic losses from the intense winter storm that hit the country in mid-February may rise to as much as $130 billion in Texas alone, according to AccuWeather. That figure is up from the $50 billion to...
CEO of Texas Power Grid Fired After Deadly February Blackouts
Mar 5 2021 // Texas’ power grid manager was fired on March 3 amid growing calls for his ouster following February’s deadly blackouts that left millions of people without electricity and heat for days in subfreezing...
Texas Power Company Seeks Bankruptcy Protection; Others Likely to Follow
Mar 3 2021 // The largest and oldest power cooperative in Texas is filing for bankruptcy protection, citing February’s winter storm that left millions without power, and it is unlikely to be the last utility to seek shelter in the...
Texas Businesses Now Must Decide: Require Face Masks or Not
Mar 3 2021 // As small-business owners and managers across Texas went to work Wednesday morning, they faced yet another 2021 headache: deal with losing business from customers who don’t want to wear face masks during the pandemic...
Hub Acquires Assets of Texas’ Wellspring Insurance Agency
Mar 3 2021 // Hub International Limited (Hub), a full-service global insurance broker based in Chicago, has acquired the assets of Wellspring Insurance Agency Inc., located in Argyle, Texas. Terms of the transaction were not...
North Texas Foam Recycling Plant Burns; 3 Workers Injured
Mar 2 2021 // Three workers were injured as a massive North Texas foam recycling plant fire burned all day on Feb. 25 and into the night. The fire at the Advanced Foam Recycling plant in the Fort Worth suburb of Richland Hills was...
Etheredge Named VP, Human Resources, at Hotchkiss Insurance in Texas
Mar 2 2021 // Texas-based independent agency, Hotchkiss Insurance, has promoted Heather Etheredge to vice president of human resources. Etheredge will serve on the executive leadership team with a focus on developing and implementing...
Winter Storm Uri Losses in Texas Expected in $10B – $20B Range
Mar 1 2021 // It’s likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into the $10 billion to $20 billion range, according to catastrophe modelers and insurance...
Texas Records $613.58M in Surplus Lines Premium in January
Mar 1 2021 // Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared with January 2020, according to the Surplus Lines Stamping Office of Texas (SLTX). Many...
