July 28, 2016
Texas officials say a Houston attorney has pleaded guilty at the conclusion of a multi-year investigation into a criminal organization that set up fake auto accidents and medical bills. Investigators with the Texas Department of Insurance, the Texas Department of …
June 28, 2016
The Texas Department of Insurance, Division of Workers’ Compensation has set the rate for any interest or discount provided for the third quarter of 2016 at 4.03 percent. This rate is computed by using the treasury constant maturity rate for …
June 14, 2016
A Lubbock, Texas-based insurance agent has been arrested on charges of defrauding elderly victims through an annuity scam. The Texas Department of Insurance reported that Joseph Allen Gaines was arrested last month on charges that he kept clients’ money that …
June 9, 2016
At least one insurer in Texas has filed to add an endorsement to the homeowners policy that would require mandatory mediation-arbitration in claim disputes. The endorsement would be attached to a homeowners policy at the policyholder’s option, with a premium …
May 23, 2016
Harris County District Attorney Devon Anderson that a Houston-based insurance agent has been sentenced to 20 years in prison after a Texas Department of Insurance investigation uncovered an annuity scam, in which she bilked almost a dozen elderly clients out …
May 3, 2016
The Texas Department of Insurance reported it has been getting questions about deductibles after back-to-back storms hit the North Texas area. Insurers have the ability to make decisions on deductibles on a case-by-case basis. In situations where an insurer has …
April 1, 2016
The Texas insurance regulators say the weather-related event that occurred March 23 – 24 in Dallas, Tarrant, Denton and Collin Counties is a catastrophe for the purpose of claims processing. Claims resulting directly from the identified catastrophe in the counties …
March 24, 2016
The Texas Department of Insurance has determined the weather-related event that occurred March 16, 2016, through March 17, 2016, in the counties of Dallas, Tarrant, Johnson, and Parker is a catastrophe for the purpose of claims processing. The designation allows …
March 21, 2016
The Texas Department of Insurance is seeking an employer representative to serve on the Texas Workers’ Compensation Appeals Panel. The panel resolves policyholder disputes with insurance carriers that are referred by the National Council on Compensation Insurance (NCCI). The panel …
March 10, 2016
The Texas Department of Insurance is seeking comments on an informal working draft of amendments that would update the rule relating to items not requiring inspection for the purposes of windstorm and hail insurance coverage through the Texas Windstorm Insurance …