The Insurance Council of Texas introduced the virtual replacement for the annual Property and Casualty Symposium, jointly sponsored by ICT and AFACT, with a business meeting on Oct. 6. Albert Betts, executive director of ICT, said that ICT is comprised of 400 insurers and 40 associate members that represent 78 percent of the Texas property and casualty market by premium, including 85 percent of the homeowners market and 83 percent of the private auto market. Betts touted the $1.2 million in funding that has been provided to colleges and scholarship students since 2002 through the ICT Education Foundation, which is funded by symposium sponsorships and contributions from member companies and their employees.