AUSTIN, Texas - Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement commending the House Calendars Committee for passing HB 1774, which would help curtail hail lawsuit abuse and protect consumers.
“Today’s vote is another step in the right direction to stop this type of hail litigation abuse. It’s clear there is a problem that needs to be addressed, and we commend the House Calendars Committee for taking up this important issue to protect Texans from those trying to take advantage of them. HB 1774 protects consumers from certain roofing contractors, public adjusters and plaintiffs’ attorneys who mislead storm victims and promise big payouts without any cost.
“Texans need peace of mind that their insurance claims will be settled quickly and efficiently. This bill helps to stop the lawsuit abuses by storm-chasing lawyers while ensuring that policyholders still have all their legal rights if they feel their insurer acted in bad faith.”
HB 1774 will be on the calendar for House floor action Thursday, May 4th.