AUSTIN—Texans for Lawsuit Reform (TLR) President Richard J. Trabulsi Jr. today released the following statement regarding the filing of Senate Bill 10 by Sen. Kelly Hancock and House Bill 1774 by Rep. Greg Bonnen:
“Hail-related litigation is the worst lawsuit abuse in Texas today. If left unchecked, it will hurt every Texas homeowner through increased property insurance premiums and deductibles, or reduced or lost coverage. We are pleased that Sen. Hancock and Rep. Bonnen’s legislation provides a common-sense solution that will stop this abusive litigation and protect the right of every Texas homeowner to sue their insurance company if it fails to pay timely, or acts unfairly or in bad faith.”
To learn more about hail-related lawsuit abuse, please visit www.tortreform.com/hail.