The June 12 hail storm in Abilene, Texas, is expected to hit $400 million in insured losses to vehicles, homes and commercial property, the Insurance Council of Texas reports. It was the second catastrophic hailstorm this city in west Texas …
Texas Workers’ Compensation Commissioner Rod Bordelon plans to resign from his post effective Aug. 1, the Insurance Council of Texas reported. Bordelon has served as Commissioner for the past six years. Insurance Council of Texas Executive Director Albert Betts praised …
The Richardson Police Department will soon be distributing automobile crime prevention signs throughout the city with the assistance of the Insurance Council of Texas and State Farm. The signs read “Secure your belongings, Take your keys and Lock your car.” …
Twenty four insurance and risk management students at five Texas universities were recently awarded academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend Huston-Tillotson University, Texas Southern University, the University of Texas Pan American, the …
Albert Betts will become executive director of the Insurance Council of Texas on April 1. Betts, who had served as general counsel to ICT since 2009, will replace Rick Gentry. Gentry is retiring after 17 years as the association’s manager. …
Rick Gentry, executive director of the Insurance Council of Texas (ICT) since 1997, has announced that he will retire from the association at the end of March 2014. “It is hard to imagine a better professional experience,” said Gentry. “ICT …
Damage from this month’s North Texas ice storm has reached at least $30 million in residential insured losses, according to an industry group. Officials with the Insurance Council of Texas said the losses include homes damaged by downed trees, broken …
Insurance agents in Austin, Texas report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities. Roughly 650 homes and businesses were either damaged or destroyed …
The Insurance Council of Texas (ICT) distributed 2,000 smoke alarms to firefighters in every corner of the state this month in honor of Fire Prevention Week. ICT’s We’re Out to Alarm Texas program provides the smoke alarms to fire departments …
The Insurance Council of Texas presented Ron Cobb, counsel to the American Insurance Association (AIA), with the Raymond Mauk Leadership Award on July 18, in Austin, at ICT’s 21st Annual Mid-Year Property and Casualty Symposium. Cobb is the sixteenth recipient …
