March 25, 2014
The Texas Department of Insurance is issuing a special catastrophe areas data call to property/casualty insurers who write direct commercial property and businessowners insurance in Texas. Information collected under this data call is for 2013. The Texas Windstorm Insurance Association …
March 21, 2014
The annual Texas Department of Insurance (TDI) fraud conference will be held April 29 – May 1, 2014. The conference provides an opportunity for insurance company investigators (SIUs), law enforcement officials, and criminal prosecutors to learn new investigative techniques, fraud …
March 7, 2014
During a public meeting to be held next week, the Texas Windstorm Insurance Association expert panel plans to inform the public about the progress of the panel’s work. The TWIA will allow the public to observe the panel members discussing …
February 6, 2014
Under Texas law, certain large, private companies can self-insure for workers’ compensation claims, while retaining the protection of the Texas Workers’ Compensation Act for the company and for its employees. To qualify, a company must have a minimum workers’ compensation …
February 4, 2014
In 2013, Texas drivers and homeowners filed the fewest number of complaints against their insurance companies since the Texas Department of Insurance (TDI) began keeping records, the Insurance Council of Texas reports. According to TDI’s Consumer Protection division, there was …
December 5, 2013
The Texas Department of Insurance has posted information and brief summaries of selected bills enacted during the 83rd Legislative regular session that relate to property/casualty insurance. The bills listed may require action by regulated individuals and entities. The department advised …
November 7, 2013
The Bexar County 379th District Court recently convicted Lakeisha Stevens of San Antonio, Texas, of a third-degree felony charge of insurance fraud ($20,000-$100,000) and sentenced Stevens to serve four years in prison. The conviction follows an investigation by the Texas …
November 6, 2013
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved ten renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These companies collectively employ approximately …
November 4, 2013
The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, which would be one of the largest insurance settlements in state history but less than what some people wanted. A …
September 18, 2013
An insurance agent from Houston has been sentenced to 10 years in prison for pocketing more than $250,000 in customer premiums, the Texas Department of Insurance reported. TDI said McKinley Shumate, 59, of Houston was sentenced to 10-years in prison …