Texas News

Jury Verdict Favors Texas Insurer in Hidalgo County Hail Claim Case

A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that National Lloyds Insurance Co. …

Texas Lawmaker Files Insurance Department Transparency Bill

A bill filed by state Rep. Todd Hunter, R-Corpus Christi, would require the Texas Department of Insurance to post on its website information regarding insurance rates of every residential property and personal auto insurer in the state, including details and …

Texas-Based National Lloyds Sees Record Earnings in 2014

National Lloyds Corp., a Waco-based insurance holding company, announced its best yearly earnings in the company’s history with $25.7 million of pre-tax income. Over the past several years, storm activity in Texas and Oklahoma had increased homeowners damage claims and …

Road Funding Bill Passed by Texas Senate

The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the state’s booming population. The …

San Antonio Fire Crew Unaware Senior Facility Was a High-Rise

An analysis by the San Antonio Fire Department says the arrival of specialized resources to a December fire that killed five residents of a senior living facility near San Antonio, Texas, was delayed because responders were unaware it was a …

Texas Insurance Agencies Higginbotham, Aycock & Fowler Merge

Fort Worth, Texas-based Higginbotham and Aycock & Fowler, in Lubbock, Texas, have merged. Both are independent insurance firms providing property and liability insurance, risk management and employee benefit services to businesses and individuals. Higginbotham in recent years has expanded throughout …

Talbert Named CEO of Texas-Based Insurors Indemnity Cos.

Waco, Texas-based Insurors Indemnity Companies named Dave Talbert as president and chief executive officer effective March 1. Talbert joined Insurors Indemnity in February 2014 with more than 25 years of industry experience, having previously been president and CEO of Hochheim …

Texas Bill Would Create Roofing Contractor Registration Program

Texas state Representative Kenneth Sheets filed legislation that would establishes a voluntary roofing contractor registration program with the Texas Department of Insurance (TDI). Sheets said House Bill 1488, known as the Roofing Contractor Consumer Protection Act, would help protect consumers …

Higginbotham Unites Houston Offices

Independent insurance firm, Higginbotham, announced has united its three Houston offices under one roof and one operating name. Chapman Schewe Benefits Consulting, Madison Benefits Group and Swantner & Gordon are partners in the Higginbotham group. They moved Jan. 16, to …

Report: Wildfire Risk to Homes in West Tops $237B

In the Western U.S. there are nearly 900,000 homes representing an estimated reconstruction cost of more than $237 billion considered at “very high” or “high” risk from wildfires, a report issued today shows. CoreLogic’s Wildfire Risk analysis is the latest …