Topic: Texas Developments

Texas Governor Adopts Executive Order Exempting Insurance Industry Business Travel from Quarantine Restrictions

Texas Governor Gregg Abbott on March 31, 2020, issued Executive Order GA 14 renewing social distancing guidelines in Texas.  Of particular significance to the insurance industry, the Governor’s Order adopted U.S. Department of Homeland Security guidance establishing insurance services as “essential services” and classifying members of the insurance industry as federally identified “essential critical infrastructure workers” under the broader heading of “Financial Services.”

Read More

Locke Lord QuickStudy: Texas Supreme Court Answers Certified Question Regarding an Insurer’s Duty to Defend

In Richards v. State Farm Lloyds, — S.W.3d —, 2020 WL 1313782 (Tex. Mar. 20, 2020), the Texas Supreme Court answered a certified question from the Fifth Circuit Court of Appeals about the scope of an insurer’s duty to defend its insured against third-party claims. In determining whether an insurer has a duty to defend, Texas generally uses the “eight corners rule,” under which an insurer’s duty to defend is determined by comparing the claims alleged within the four corners of the petition with the coverage provided within the four corners of the policy.

Read More

Texas Suspends Certain Insurance Licensing Requirements to Address Coronavirus Outbreak

Based on orders issued by Texas Governor Greg Abbott in response to COVID-19, the Texas ‎Department of Insurance has announced that certain licensing requirements and fees have been ‎suspended for Texas-licensed insurance agents, adjusters, title agents, escrow officers, life settlement ‎brokers, and life settlement providers.

Read More

Texas Department of Insurance Announces Extension of Claims Handling Deadlines Due to COVID-19

The Texas Department of Insurance (TDI) has announced that the claims-handling deadlines imposed by Texas prompt-payment laws are extended by 15 days.  The extension will assist carriers in responding to the Coronavirus pandemic and results from the combined operation of actions taken by Texas Governor Greg Abbott and Texas Insurance Commissioner Kent Sullivan.

Read More

Texas Department of Insurance Warns Insurance Agents and TPAs About Unauthorized ‎Insurance Liability

The Texas Department of Insurance (“TDI”) has issued a warning about certain unauthorized ‎insurance and the liability that can attach to third-party administrators (“TPAs”) and insurance ‎agents that are involved in unauthorized insurance transactions, even when those parties hold ‎valid TDI licenses.

Read More

InsurTech

Topics

Archives

Email the Editor

Click here to Email the Editor

Locke Lord LLP

For the latest information about our Firm visit lockelord.com