Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Nelson Joins RHSB in Texas as Vice President
Feb 4 2020 // Roach Howard Smith & Barton (RHSB), an independent insurance brokerage firm based in North Texas, has added Lucas Nelson as vice president in the agency’s Commercial Property/Casualty sales practice. Nelson has...
South & Western to Service AmTrust Farm/Ranch Business in Oklahoma, Texas
Feb 4 2020 // South & Western General Agency Inc., with offices in Addison, Texas, and Memphis, Tennessee, has reached an agreement with AmTrust to underwrite and service AmTrust’s Farm and Ranch business in Oklahoma and...
Hilltop Holdings Selling Texas’ National Lloyds Corp. to Align Financial
Feb 3 2020 // Dallas-based Hilltop Holdings Inc. and Align Financial Holdings LLC have entered into a definitive agreement for the sale of Hilltop subsidiary, National Lloyds Corp. (National Lloyds), to Align in an all-cash transaction...
2nd Worker Injured in Texas Oil Well Blowout Dies
Feb 3 2020 // A second worker has died of injuries from a Central Texas oil well blowout, the company said. Chesapeake Energy spokesman Gordon Pennoyer said the worker died Thursday evening at a hospital. Another worker was killed in...
Electrical Spark Likely Caused Deadly Houston Blast, ATF Says
Feb 3 2020 // An electrical spark likely ignited a gas leak that led to a massive explosion in Houston last week, killing two workers, injuring 20 others and damaging hundreds of buildings, law enforcement officials said. Highly...
1 Worker Dead, Others Injured in Texas Oil Well Blowout
Jan 31 2020 // One person was killed and three others were injured on Jan. 29 in the blowout of a Central Texas oil well. All four were contractors working at a Chesapeake Energy well site on a county road near Deanville, Texas, 28 miles...
USG Insurance Hires Teague as Producer/Broker in Texas
Jan 31 2020 // USG Insurance Services Inc., a national wholesaler and MGA, has added Faryl Teague as producer/broker, commercial lines, to its Arlington, Texas, team. Teague joins the USG team with 11 years of underwriting and brokerage...
Texas Security Company Convicted of $51K Workers’ Compensation Fraud
Jan 29 2020 // HHDP Security, a Houston-based security company, has been convicted of premium fraud and ordered by a Travis County District Court judge to pay $51,131 in restitution, the Texas Department of Insurance, Division of...
South Texas Lawmaker Appointed to Windstorm Insurance Oversight Board
Jan 27 2020 // Texas state Rep. J.M. Lozano has been appointed to the Texas Windstorm Insurance Association (TWIA) Legislative Oversight Board, a group of four State Representatives and four State Senators that will closely monitor TWIA...
People & Places
Jan 27 2020 // National Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, has promoted Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed Ed...
Texas E&S Premium Up 14.3% in 2019, Stamping Office Says
Jan 27 2020 // Excess and surplus lines insurance premium (E&S) in Texas reached $6.95 billion in 2019, a 14.36% increase over 2018’s premium total of $6.08 billion, according to the Surplus Lines Stamping Office of Texas...
Policy Changes Now in Effect at Texas Windstorm Insurer
Jan 27 2020 // The new year brought some changes to residential and commercial policies provided by Texas’ insurer of last resort for wind and hail along the coast. New coverages, terms and conditions now apply to Texas Windstorm...
Study: Petrochemicals Boom Would Boost Greenhouse Gases
Jan 27 2020 // A multi-billion dollar boom in petrochemical plants proposed along the U.S. Gulf Coast could pump as much greenhouse gas into the air as 131 coal-fired power plants by 2030, according to a study released by University of...
SLTX: Surplus Lines Flood Insurance Premium Up in Texas over 5 Years
Jan 24 2020 // Surplus lines flood insurance premium filed with the Surplus Lines Stamping Office of Texas (SLTX) has increased annually over the past five years, according to SLTX. Additionally, while NFIP premium dipped in 2017, it...
Texas’ Galiot Insurance Services, Higginbotham Join Forces
Jan 24 2020 // Houston-based Galiot Insurance Services, with a specialty in the life sciences sector, and insurance broker Higginbotham, headquartered in Fort Worth, Texas, have merged operations. Galiot President and CEO Brian Toglia,...
Owner of Norwegian Tanker Denies Fault in Fatal Texas Collision
Jan 23 2020 // The owner of a chemical tanker ship has denied any liability for a collision with a fishing boat off the coast of Texas that killed one crew member and left two more missing and presumed dead. Norway-based Odfjell SE filed...
Mace Appointed Deputy Commissioner of Legal Services at Texas DWC
Jan 22 2020 // Kara Mace has been tapped as deputy commissioner for the newly created Legal Services program at the Texas Department of Insurance, Division of Workers’ Compensation. Legal Services will handle rule development, open...
Texas Mutual: Massachusetts Firm Pleads Guilty to Workers’ Comp Fraud
Jan 21 2020 // A Massachusetts company has pleaded guilty in a Travis County, Texas, district court to workers’ compensation fraud, according to Texas Mutual Insurance Co. Texas Mutual says EME International Inc. (EME) of...
IMA Texas Expands to Fort Worth; Adds Schuler, Wallace
Jan 21 2020 // IMA Inc., a national insurance brokerage firm with offices in Dallas, is expanding to Fort Worth with the addition of two insurance veterans, Trey Schuler and Gavin Wallace. Schuler and Wallace will work in tandem. The...
Texas Insurance Department: Board, Committee Slots Open at SLTX, TWIA
Jan 21 2020 // The Texas Department of Insurance is accepting applications for a number of boards and committees, including for the Surplus Lines Stamping Office of Texas (SLTX) board of directors and the Texas Windstorm Insurance...
