In addition to the traditional residential and commercial wind and flood claim stemming from Hurricane Harvey’s path of destruction in Houston, there is a new type of claim out there right now: folks hurt as a result of the U.S. Army Corps of Engineers’ release of reservoir water from the Addicks and Barker Reservoir. On [..]
You got to hand it to the good folks at the Texas Watch consumer advocacy group. Check out this video interview with Amarillo business owner Larry Rhea of Marsh Electric.
Doubts as to whether or not HB 1774 is actually a bad bill? Don’t listen to the hype from insurance companies about the intention and about what it is “supposed” to accomplish. See what it actually does. CSHB 1774 Summary
HB 1774 is out of committee and going to debate on the House floor on Thursday May 4, 2017. This bill, along with its companion bill out of the Texas Senate, SB 10, seeks to reduce a policyholder’s rights and abilities to hold insurance companies accountable for denied, delayed or underpaid insurance claims. If you [..]
Cartoon demonstration of how arbitration clauses would work in Texas homeowner’s insurance policies. Put together by TexasWatch.org.
Texas Insurance Commissioner David Mattax is considering an industry proposal by Texas Farm Bureau to allow insurance companies in Texas to insert a one-sided “pre-dispute binding arbitration” provision into Texas homeowners and business owners’ insurance policies. This provision would force policyholders to go a binding arbitration where the insurance company selects the arbitration company, the results of which are [..]
