Friday update: Districting in Denton, homeowner deductibles, plus top stories this week - Insurance News | InsuranceNewsNet

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August 19, 2024 Property and Casualty News
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Friday update: Districting in Denton, homeowner deductibles, plus top stories this week

Staff WriterDenton Record-Chronicle: Blogs

Catch up on the top stories to know in Denton today.

Like this format? Some of these articles were featured in the Wake Up with the DRC newsletter that hits inboxes every morning. Check out today's and sign up for free here.

What's new?

Denton charter committee undecided on changes to City Council districts and at-large representation

Denton voters cast ballots for two at-large members on the City Council and for a council member to represent the district they live in. A committee reviewing the city charter is considering whether to change that.

Watchdog: Many insurance companies are raising their homeowners' deductibles from 1% to 2%

Watchdog reader Paul Barth of Dallas calls it "Homeowners Policy Shock." No, it's not the name of a rock band. It's the surprise homeowners feel when they learn about the newest way insurance companies are reaching into their pockets. It was only a few years ago when the standard deductible on a homeowners' policy was 1% of a home's replacement value. Now, as The Watchdog first reported 20 months ago, more insurance companies are demanding a 2% deductible.

Best of the week

What's Open, What's Closed: Saltgrass finally opens, Allsup's and Gangnam close, new student apartments to be completed by 2026

Goodbye to Korean fried chicken and more, hello to new steakhouse. Four new businesses find homes right here in Denton. Two other businesses — one old and one new — close their doors.

Cross Timbers executive pastor resigns soon after lead pastor's departure

The executive pastor of Cross Timbers Church in Argyle announced his resignation Monday, less than a month after the lead pastor's departure. Executive pastor Byron Copeland was initially announced as interim lead pastor after Josiah Anthony resigned due to reports that he communicated inappropriately with women.

Older

Inflation: What costs more (and less)?

Newer

Best’s Market Segment Report: ILS Capacity Grows Modestly, as Catastrophe Bond Issuance Breaks Record

Advisor News

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  • Finseca and IAQFP announce merger
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  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
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Annuity News

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  • Great-West Life & Annuity Insurance Company Trademark Application for “SMART WEIGHTING” Filed: Great-West Life & Annuity Insurance Company
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
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Health/Employee Benefits News

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  • My Spin: The healthcare election
  • COLUMN: Working to lower the cost of care for Kentucky families
  • Is cost of health care top election issue?
  • Indiana to bid $68 billion in Medicaid contracts this summer
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Life Insurance News

  • Outlook 2026: With recent offerings, life insurance goes high-tech
  • Pioneering businessman, political and social leader Mack Hannah Jr., remembered
  • Allianz Life Launches Fixed Index Annuity Content on Interactive Tool
  • AM Best Affirms Credit Ratings of Orion Reinsurance (Bermuda) Ltd.
  • AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries
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