Texas News

San Antonio Adjuster Pleads No Contest to Felony Theft of Insurance Payments

The Texas Department of Insurance reported that a licensed insurance adjuster, Jennifer Marez, 35, of San Antonio has pleaded no contest to a second-degree felony of theft of $100,000 to $200,000. As a condition of the plea agreement filed in …

10 Years of Tort Reform in Texas Bring Fewer Suits, Lower Payouts

Ten years after the Texas Legislature capped damages in the state’s medical malpractice lawsuits, the number of suits and the amounts paid out have fallen sharply. The Austin American Statesman reported that Department of Insurance data shows medical malpractice claims, …

Texas Fire Marshal: Inspections Refused Since West Blast

Five facilities in Texas with large quantities of the same fertilizer chemical that fueled the deadly plant explosion in West have turned away state fire marshal inspectors since the blast, investigators said. A railway operator that hauls hazardous materials across …

Report: Unsafe Welding Led to Fatal Gulf Accident

A report for a Texas-based company says a deadly 2012 explosion on its Gulf of Mexico oil platform off the Louisiana coast happened when workers for a subcontractor used unsafe welding practices. The report released on Aug. 21 was done …

Threlkeld & Co. Insurance Announces Employee Promotions

Threlkeld & Company Insurance (TCI), based in Tyler, Texas, announced four key employee promotions. Diane Smith, formerly commercial lines service manager, has been promoted to vice president of commercial lines. Smith has worked for TCI for 22 years. Ryan Slaughter …

Work-Related Deaths Up in 2012 in Texas

Texas had more than 500 work-related fatalities in 2012, an increase of more than 20 percent from the previous year. According to preliminary data from the U.S. Department of Labor’s Bureau of Labor of Statistics, the most dangerous job in …

Insured Losses from Amarillo Hailstorm Climb to $500M

A massive hailstorm that moved through the Amarillo, Texas, area on May 28 has resulted in $500 million in insured losses to the panhandle region. The final figure was released by the Property Claim Services of the Insurance Services Office …

Insurance Industry Plans 8th Annual Tour of Texas Coast

For the eighth year in a row insurance spokesmen will team with the Texas Department of Insurance and meteorologists from the National Weather Service to advise Texas coastal residents of the potential dangers of hurricanes. This year’s message is Hurricanes …

MSW Restructures as Specialty Insurance Intermediary

MarketScout Corp., an insurance distribution and underwriting company headquartered in Dallas, announced it has acquired 100 percent of the stock and assets of MSW. MSW will convert from a generalist brokerage to a specialty intermediary providing access to unique and …

Judges Reject Challenge to Texas State Farm Rates

Two administrative law judges have rejected a consumer challenge to a recent 20-percent rate hike for Texas homeowners covered by State Farm Lloyd’s. The judges decided on Aug. 19 that the premiums for 1.2 million homeowners are not excessive or …