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ICT Welcomes Garcia as Communications Director

The Insurance Council of Texas (ICT) has named Camille Garcia as Director of Communications and Public Relations, effective July 1, 2019. The position is a new role that ICT has created as it works to enhance its overall communications strategy and public...

ICT Holds P&C Insurance Symposium

The Insurance Council of Texas (ICT) welcomed approximately 300 insurance professionals to its 27th annual Property & Casualty Insurance Symposium in Austin on July 11-12, 2019. Presentations included a review of the recent legislative session, an...

Policy Limit Requirements Remain in Effect

The Texas Department of Insurance (TDI) reiterated its goals of market capacity, uniform reporting, and market comparison to industry stakeholders with respect to a new policy limit requirement, adopted in December 2018. The regulatory requirement remains...

Texas Premium Up 13%

Surplus lines premium in Texas has increased to $3.48 billion at the 2019 mid-year point, up 13.4% over 2018’s mid-year total of $3.06 billion, according to data reported to SLTX. Through the first half of the year, each month’s recorded premium has been...

New Faces at IIAT

The Independent Insurance Agents of Texas (IIAT) has announced several recent appointments for the organization. Lisa Webb has joined IIAT as Director of IIAT Advantage Markets. Webb brings more than 30 years of experience in personal and commercial lines...

MGA and Program Sector Shows Continued Growth

The managing general agent (MGA) and program market is continuing to grow and is a key business model for property/casualty business, according to a study by global investment management firm Conning. “The MGA market has nearly doubled since 2012 when...

Gov. Abbott Issues Disaster Declaration in Rio Grande Valley

Following severe flooding in the Rio Grande Valley, Texas Governor Greg Abbott declared a state of disaster in Cameron, Hidalgo, and Willacy counties. The governor issued a proclamation that a severe weather event began on June 24, 2019, in these counties...

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