March 2021
Texas Surplus Line Reporter
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Articles
Davis Moore becomes fifth president of WSIA
Davis Moore, CEO of Worldwide Facilities, Los Angeles, has worked in the insurance industry since college. He prepared for his career under the guidance of his uncle, Donald Davis, one of the three founders of Worldwide, which celebrated its 50th anniversary in 2020....
Zelle lawyers host a webinar on impact of winter storm Uri
With estimates of economic losses, both insured and noninsured, from the winter storms in Texas rising, Zelle law firm hosted a one-hour webinar on March 2 to help insurers and agents understand the claims issues brought by the mid-February hard freeze event. By...
Lawmakers file all of TDI’s legislation recommendations
The legislation introduced at the request of the Texas Department of Insurance makes up 18 of the more than 6,500 bills that have been filed in the 87th Texas Legislature. Nearly 2,800 of the proposals were dropped into the hopper in the last week of filing, including...
Houston Industry Day spans three days with in-person and online attractions
The Independent Insurance Agents of Houston held a three-day long Houston I Day, combining in-person and virtual exhibits and offering continuing education classes, one for CE credit and one noncredit. On Feb. 24, the in-person event was held at the association’s...
National association defends insurers’ use of credit scoring
The American Property Casualty Insurance Association took issue with Root Insurance Company’s mission to have credit-based insurance pricing outlawed across the country, either state-by-state or by federal fiat. Jessica Hanna, senior vice president public affairs,...
Smartphone app auto insurer opposes credit-based rating
Root Insurance, a company that markets personal lines auto insurance based primarily on driver behavior, has launched a campaign against insurers’ use of credit-based scoring. In a Feb. 19 media release by Edelman, a global communications company, Jeremy Eisengrein...
What you learn after you know it all matters most
By MICHAEL G. MANESManes and AssociatesI call these lessons the wisdom of scar tissue. My older son, Slade, was and is a risk taker. At age two he was sitting (more correctly standing) on a chair at the kitchen table. It was the Christmas season, and we had an Advent...
Underwriting results show red for 2018 and 2019, survey results show booze culture continues
London ViewsBy LEN WILKINSLondon CorrespondentLloyd’s investors will look with disappointment at the result for the 2018 underwriting year announced recently. While the estimated result for the 2019 underwriting year has been updated, it is also disappointing. For...
WSIA honors five members for their exceptional service
During the Wholesale and Specialty Insurance Association meeting held March 2, the association honored five WSIA members for their exceptional service to the association.Donahue/McAlear honorees The Vincent Donahue/Charles McAlear Industry Award, WSIA’s highest...
News In Brief
News in Brief
MEETINGS/EDUCATION The Insurance Council of Texas has opened online registration for the 29th annual ICT/AFACT Property and Casualty Insurance Symposium, set for Sept. 1-2. Plans are underway for the symposium to be held both in-person at the Hyatt Regency Austin and...