insurance council of texas News

New Insurance Commissioner to Address Texas Insurance Symposium

Julia Rathgeber, newly appointed Commissioner of the Texas Department of Insurance, will speak at the 21st annual Mid-Year Property and Casualty Insurance Symposium. The Symposium will be held in Austin on Thursday, July 18, at the Sheraton Austin Hotel. Prior …

Smoke Alarms Provided to Elderly/Disabled in Texas

Smoke alarms are on the way for clients who are provided services by H.A.N.D. and Faith in Action Caregivers in Austin, Texas. The donations are courtesy of the Austin Fire Department and the Insurance Council of Texas. Austin Fire Battalion …

PCI: Too Early for Insurance Implications of Deadly Texas Fertilizer Blast

A fertilizer facility exploded in the small Central Texas town of West on Wednesday night, killing an estimated 15 people, injuring more than 150 and damaging dozens of homes, according to a report in the Austin American Statesman. West is …

Central Texas Hit with Damaging Hail

Heavy rain and hail fell throughout the Central Texas area this week but it appears Marble Falls received the brunt of the storm. Golf ball size hail damaged more than 1,000 vehicles, pounding roofs and breaking windows in both automobiles …

Lock, Take and Hide Signs Working in Mesquite, Texas

The Mesquite Police Department reports the simple message from the Lock, Take and Hide crime prevention signs have had a tremendous impact on reducing auto thefts and burglaries in their city. The police department recently contacted the Insurance Council of …

Insurance Council of Texas Seeks Nominations for Group’s Highest Honor

The Insurance Council of Texas (ICT) announced it is seeking nominations for the Raymond Mauk Leadership Award, the Council’s highest honor. The award will be presented on July 18, at the annual Mid-Year Property and Casualty Insurance Symposium in Austin. …

Texas Trade Group: Survey Shows Insurance Industry Doing It Right

While tornadoes and hailstorms were pounding their way through the Dallas/Fort Worth area last year, consumers had confidence that their insurance companies would be there to help with repairs to their cars, homes and businesses, according to a survey commissioned …

Texas Weather Catastrophes Cause $2.3 Billion Losses in 2012

Texas recorded seven catastrophic weather events in 2012 that resulted in $2.3 billion in insured losses, the Insurance Council of Texas reported. The Dallas/Fort Worth area received the brunt of the damage from tornadoes and hail storms that occurred in …

22 Students Receive Scholarships from Insurance Council of Texas

Twenty-two insurance and risk management students at four Texas universities were recently awarded a total of $40,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend St. Mary’s University in San Antonio, Baylor University …

Dallas Hailstorm Loss Estimate Drops Below $1 Billion

Insured losses from last week’s violent hailstorm in Dallas should be just under $1 billion, a trade group for Texas insurers said on Tuesday, sharply less than what another industry group estimated last week. The Insurance Council of Texas, via …