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Does Your Homeowners Insurance Cover Earthquakes KTRE

by Texas Department of Insurance

Does your homeowners insurance cover earthquakes?KTREBy Samantha Jordan - bio | email Since earthquakes in East Texas are so far and few, insurance agents say most Texans don't have earthquake insurance. They say the standard Texas policy does cover fire, wind storms, lightning and hurricanes. and more& » Read the full story: Does your homeowners [...]

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Now the Health Care Lobbying Really Begins Forbes

by Texas Department of Insurance

Now the Health Care Lobbying Really BeginsForbesI also ran the Washington, DC-based Council for Affordable Health Insurance for nearly nine years. While I cover a range of political, economic and policy areas, I specialize in health policy. Prior to joining the think tanks, I taught philosophy and ... and more& » Read the full story: [...]

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2nd Man Pleads Guilty in Houston in New York Tour Boat Insurance Case Insurance Journal

by Texas Department of Insurance

2nd Man Pleads Guilty in Houston in New York Tour Boat Insurance CaseInsurance JournalHeritage was controlled by a fugitive in Barbados through another St. Vincent entity called Tri-Continental Exchange Ltd. Benton admitted knowing that GPOA was not licensed or authorized to sell insurance in Texas, that Heritage did not have the ...Insurance scam nets guilty [...]

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New Wave of Insurance Lawsuits Strikes Jefferson County Southeast Texas Record

by Texas Department of Insurance

Southeast Texas Record New wave of insurance lawsuits strikes Jefferson CountySoutheast Texas RecordIn the last three months, Solis & Smith has filed approximately 40 lawsuits on behalf of Southeast Texans alleging their insurance provider denied claims for damages caused by wind and hail storms. While most Ike suits name the Texas Windstorm ... and more& [...]

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Court Rebukes Pa. Insurance Regulator for Penn Treaty Liquidation Plan IFAwebnews.com

by Texas Department of Insurance

Court rebukes Pa. insurance regulator for Penn Treaty liquidation planIFAwebnews.combased companies, Penn Treaty Network America Insurance Co. and its subsidiary, American Network Insurance Co. Both companies are subsidiaries of Penn Treaty American Corp. of Frisco, Texas. In its ruling, the court took issue with the PID's handling of ...Court Rejects Penn Treaty LiquidationInsurance News Net [...]

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House Tentatively OKs Medicaid Fiscal Reform Bill Texas Tribune

by Texas Department of Insurance

Austin American-Statesman House Tentatively OKs Medicaid Fiscal Reform BillTexas TribuneThe largest cost-saving measure in the bill would save $290 million by expanding managed care coverage — ie pay state selected insurance providers to manage the health care of Medicaid clients — to the Rio Grande Valley. Many urban areas in Texas, ...My five centsJacksonville Daily [...]

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Offshore Insurance Operator Pleads Guilty to Money Laundering Conspiracy Insurance News Net Press Release

by Texas Department of Insurance

Offshore Insurance Operator Pleads Guilty to Money Laundering ConspiracyInsurance News Net (press release)Heritage was controlled by a fugitive in Barbados through another St. Vincent entity called Tri-Continental Exchange, Ltd. Benton admitted knowing that GPOA was not licensed or authorized to sell insurance in Texas , that Heritage did not have the ... Read the full [...]

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Shenandoah Life Out of Receivership Roanoke Times

by Texas Department of Insurance

Shenandoah Life out of receivershipRoanoke TimesNow, a group of investors led by a former Texas insurance commissioner have bought Shenandoah and deposited $60 million in its accounts on the belief that the once-profitable company can return to normal operations. The purchaser was United Prosperity ...Shenandoah Life Insurance Co. Successfully Exits ReceivershipMarketWatch (press release)Shenandoah Insurance Comes [...]

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Inside Insurance What Happened in 365 Days Savannah Morning News

by Texas Department of Insurance

Inside insurance: What happened in 365 daysSavannah Morning NewsIn total, 358 tornadoes were confirmed by the National Weather Service in 21 states from Texas to New York and even isolated tornadoes in Canada. Widespread and destructive tornadoes occurred on each day of the outbreak, and April 27 was among the most ... and more& » [...]

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Wheat Damage Claims in Kansas May Signal Worse US Harvest Than Forecast Bloomberg

by Texas Department of Insurance

Wheat Damage Claims in Kansas May Signal Worse US Harvest Than ForecastBloombergThe National Weather Service estimates rainfall in the past two months was less than half of normal in much of Texas, Oklahoma and Kansas, where insurance adjuster David Reed said he's had 300 farmer claims for drought damage in his area this season, ... [...]

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Texas Association of Health Underwriters Says June 1 Rebate Predictions ... SYSCON Media Press Release Blog

by Texas Department of Insurance

AARP News (blog) Texas Association of Health Underwriters Says June 1 Rebate Predictions ...SYS-CON Media (press release) (blog)By Rodger Roeser Dallas, TX—April 30, 2012—With the June 1 deadline for insurance rebate filings quickly approaching, a Kaiser Family Foundation report of projected rebates has reignited debate regarding Health Care Reform and current medical loss ...Insurers Expected [...]

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Bastrop County Faces Another Wildfire Austin AmericanStatesman

by Texas Department of Insurance

Austin American-Statesman Bastrop County faces another wildfireAustin American-StatesmanAs of last week, homeowners had filed 1500 insurance claims, with an estimate of $250 million in insured losses. About 10 percent of the homeowners were uninsured, according to the Insurance Council of Texas. On Tuesday, many people in Bastrop County ... and more& » Read the full [...]

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Rays 5 Rangers 2 Chicago Tribune

by Texas Department of Insurance

Tampabay.com Rays 5, Rangers 2Chicago TribuneJosh Hamilton gave Texas an early lead with a first-inning RBI single, but the Rays answered with three runs in the second against Derek Holland (2-2). Jeff Keppinger singled in a run to start the surge, later scoring on a Luke Scott double.Rapid Reaction: Tampa Bay 5, Rangers 2ESPN (blog)Tampa [...]

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SEC Says Decision Near on Stanford Coverage Houston Chronicle

by Texas Department of Insurance

Reuters SEC says decision near on Stanford coverageHouston ChronicleCarlo di Florio, the SEC inspections chief, testifies about possible federal brokerage insurance in the Stanford case. WASHINGTON — Investors in R. Allen Stanford's alleged $7 billion Ponzi scheme should know "within the next few ...SEC to Release Finding on Stanford Clients' SIPC EligibilityBloombergStanford Financial investors may [...]

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Everyone Profits Off Forceplaced Insurance Except Homeowner Fort Worth Star Telegram

by Texas Department of Insurance

Everyone profits off force-placed insurance, except homeownerFort Worth Star TelegramMeanwhile, Stevenson, the self-described fighter, did what she said: She complained about her loan company, Ocwen Loan Servicing, to the Texas Insurance Department. But the department, like many state regulators, can't, under current law, ... Read the full story: Everyone profits off force-placed insurance, except homeowner [...]

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Reform Equals Rebates in Texas San Antonio Express

by Texas Department of Insurance

Daily Mail Reform equals rebates in TexasSan Antonio ExpressBy David Hendricks Texans with health care insurance and Texas employers who pay all or part of their employees' health care insurance premiums will receive the highest amount of rebates from insurance companies this year under a little-known provision ...Texans to benefit most from health insurer rebatesFort [...]

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