Eye on Texas Blog
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Monday, December 16, 2024
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After being rejected last session, insurance lobbyists are again pushing legislation (HB 1774 & SB 10, more aptly called the "Blue Tarp Bills") that would lessen penalties for property insurers that hurt their customers.
Texas Watch Executive Director Ware Wendell released the following statement concerning HB 1774, which was heard today in the House Committee on Insurance:
We entrust our medical care to professionals. Often, these professionals save lives. But sometimes this trust is violated and precious lives are ended or changed forever through carelessness or incompetence. When this happens, in the quest for accountability, the question arises: What is that person’s life worth?
We give insurers our hard-earned dollars year after year and count on them to help us in our time of need. But too often insurers choose to pad their profits instead, hurting us by unfairly denying, delaying and underpaying valid claims.
Happy 266th Birthday to James Madison! Father of the Constitution, 4th U.S. President, and original author of the 7th amendment, giving us the Right to Trial by Jury. Find out more about his life and accomplishments at https://tinyurl.com/j4dt88u
When car wrecks happen, Texans rely on insurance to help them get back on their feet. But with over 1.5 million vehicles driving with “phantom coverage,” Texas families are finding themselves unprotected and hung out to dry by insurers selling junk policies.
Data from the Texas Department of Insurance's "Weather Related Property Claims" report shows that Texans for Lawsuit Reform (TLR) and other insurance lobbyists have fabricated another "crisis" in an effort to rob Texas homeowners, businesses, churches, and schools of their legal protections.