Surplus lines premium in Texas is up by 14.97 percent compared with the end of the third quarter last year, with reported premium exceeding last year’s by nearly $900 million for the same time period. The major line of Other Liability is up 15.75 percent, with the...
Adam Sammons cannot recall when the insurance business was not part of his life. His father, Charles Sammons, was an insurance agent since 1974, more than a decade before the younger Sammons was born. As a youngster, Adam Sammons helped with everything paper: filing...
House Insurance Committee Chairman Rep. Tom Oliverson, M.D., R-Houston, didn’t plan on being in the hot seat when presenting virtually to members of the Professional Insurance Agents of Texas on Oct. 6, but he fielded a few probing questions when he ended his prepared...
With plans canceled for its traditional RISExpo at the convention center in San Marcos, the Independent Insurance Agents of Texas moved its seminars to a virtual platform over two days in early October, switching the event’s name to RISE Virtual Summit. The statewide...
While the worst case impact of Covid-19 on the insurance industry seems to have been averted, pandemic year 2020 affected the insurance market with decreases in written premium in some lines due to decreased economic activity. Fortunately, the 87th legislature passed...
By MICHAEL G. MANES Manes and Associates Years ago I was given a booklet titled The Tyranny of the Urgent written by Charles E. Hummel. Buy a copy, and read it regularly. The premise is simple: We spend too much time distracted by the urgent and too little time on the...
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