Latest Texas Headlines
All the headlines from our Texas Topic Page, ordered by recency.
Texas Brokers Have Until Feb. 28 to Correct Late-Filed Surplus Lines Policies
Feb 3 2019 // Brokers who file Texas surplus lines policies with SLTX will have until Feb. 28, 2019, at 5 p.m. central time to file any necessary adjustment forms or make corrections before the annual late filers report is produced, the...
Control Risks Names Cahill Director of Product Risks in Texas
Feb 1 2019 // Control Risks in partnership with the Hiscox Group has named product recall specialist Dan Cahill director of product risks. Cahill will be based out of Control Risks’ Houston, Texas office. He was formerly with...
Risk Management Is Answer to Football’s Insurance Problem, Says Top Sports Broker
Feb 1 2019 // ESPN ran an in-depth report recently about insurers being unwilling to cover the National Football League (NFL) for general liability and workers’ compensation due to concerns over player concussions and traumatic...
Arch Insurance Names Boquist EVP in Retail Energy in Texas
Jan 31 2019 // Arch Insurance North America has named Eric Boquist executive vice president, retail energy. Boquist is based in Houston, Texas and will lead a newly created business unit focused on providing admitted middle market...
Brashear to Lead Holmes Murphy’s Expansion in Texas
Jan 30 2019 // Iowa-based Holmes Murphy is expanding into the Houston and Central Texas markets and has added Travis Brashear to lead the initiative. Brashear, an attorney, will lead Holmes Murphy’s presently forming Houston team...
Traffic Fatalities Dropped in Texas in 2018
Jan 28 2019 // After seven straight years of increases, the number of traffic fatalities in Texas fell in 2018, the Insurance Council of Texas (ICT) reported. Texas Department of Transportation data show that traffic fatalities dropped 4...
Texas DOT Creating Connected, Autonomous Vehicle Task Force
Jan 28 2019 // Texas Department of Transportation says its Connected and Autonomous Vehicle (CAV) Task Force will soon become a central point for CAV advancement in Texas. The task force is designed to be a one-stop resource for...
Texas State Senator Files Harvey-Inspired Disaster Relief Bills
Jan 25 2019 // Texas state Sen. Kelly Hancock (R-North Richland Hills) has filed a legislative package addressing two significant concerns raised in the wake of Hurricane Harvey. Senate Bill 442 would require all homeowner’s...
Texas Senator Proposes Statewide Flood Control Plan
Jan 25 2019 // Before the next Hurricane Harvey strikes, and thousands of homes are damaged or destroyed, some Texas lawmakers want to make sure communities statewide are better prepared for future floods. On Jan. 22, state Sen. Charles...
Houston Company to Pay $250K in Workers’ Comp Fraud Case
Jan 23 2019 // A Houston company has pleaded guilty to workers’ compensation premium fraud in a case that spanned four years, the Texas Department of Insurance, Division of Workers’ Compensation announced. According to the...
Shofner Joins LP Risk in Texas as Director of Operations
Jan 23 2019 // Bryan Shofner has joined Houston-based wholesale insurance broker and managing general agency, LP Risk, as director of operations. Shofner’s previous roles include senior vice president of Marsh McLennan Agency LLC...
Texas Sunset Board: Legislature Needs to Decide Nature of Windstorm Insurer
Jan 23 2019 // To be the insurer of last resort for wind and hail insurance along the Texas coast, without state support and reliant on premium dollars and debt financing for funding, or to be a true insurance company that derives...
New Markets
Jan 21 2019 // Workers’ Comp Market Detail: Builders & Tradesmen’s Insurance Services Inc.’s (www.btisinc.com) Victory Workers’ Comp program offers instant online price indication, fast quote turnaround times...
People
Jan 21 2019 // John Doyle, president and CEO of global insurance broker Marsh, announced the appointments of key leaders for regional, specialty and placement teams worldwide that will be effective upon closing of the acquisition by...
Flood Coverage, TWIA, Workers’ Comp Relativities Among TDI Concerns in Legislative Report
Jan 21 2019 // In its 2018 Biennial Report to the Legislature dated Dec. 14, 2018, the Texas Department of Insurance made several recommendations to state lawmakers regarding issues the agency believes are worth looking at in the...
Texas Surplus Lines Industry Had a Record-Setting Year in 2018
Jan 21 2019 // The Surplus Lines Stamping Office of Texas (SLTX) reported that the state recorded $6.08 billion in excess and surplus insurance premium for 2018, representing an 11.4 percent growth over 2017. The numbers represent...
ICT: Destructive Weather Took a Break in Texas Last Year
Jan 18 2019 // Between 2015 and 2017, Texas experienced a record number of tornadoes, hailstorms and a hurricane, but the state finally got a reprieve from all of the destructive weather in 2018, the Insurance Council of Texas (ICT)...
Normandy Insurance Expands Workers’ Comp Coverage to Texas
Jan 17 2019 // Florida-based workers’ compensation carrier Normandy Insurance Co. is now offering workers’ compensation insurance to small, mid-size, and large businesses in Texas. This marks the fourth major expansion by the...
AIG’s Bernal Joins AXA XL’s Broker/Client Management Team in Texas
Jan 17 2019 // Roman E. Bernal has joined AXA XL’s broker and client management team in Houston as client distribution leader for the US South Central region, reporting to Wayne Speeg, US South Central regional leader. Bernal will...
TDI Shares Consumer Concerns About Contractors, Roofers with Lawmakers
Jan 15 2019 // While not making any specific recommendations to lawmakers regarding the licensing of building and roofing contractors, the Texas Department of Insurance noted in its 2018 Biennial Report to the Legislature that the...
