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AIA Praises Texas Legislature’s Passage of Hailstorm Claims Litigation Legislation

Contact: Benjamin Tomchik
(202) 828-7129

WASHINGTON, D.C., May 17, 2017  The American Insurance Association (AIA) praised the Texas legislature’s passage of hailstorm litigation reform legislation (HB 1774).  HB 1774 passed the Senate by a vote of 21 to 7 earlier today.  HB 1774 curbs lawsuit abuse related to hailstorm litigation by requiring notice before a suit can be filed to permit the insurer to address any outstanding claim issues.  The legislation now heads to the Governor for his signature.

A statement from Fred C. Bosse, AIA’s Southwest region vice president, follows:

“Today’s passage of HB 1774 by the Texas Senate is an important step toward ending rampant hailstorm-related lawsuit abuse.  Weather-related lawsuit abuse was not only creating an insurance claims crisis in parts of Texas; it was also subjecting homeowners to predatory adjusters and trial lawyers.   HB 1774 prohibits this practice and provides a 60-day window for insurers to address any outstanding claims issues.

AIA applauds the Texas legislature for passing much needed legislation addressing hailstorm-related lawsuit abuse and providing Texans the relief they need.  We specifically want to thank Chairman Kelly Hancock and Representative Greg Bonnen for their leadership and sponsorship of HB 1774.  Additionally, AIA would like to recognize Texans for Lawsuit Reform for its tireless work in advocating for hail litigation lawsuit reform.”

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The American Insurance Association (AIA) is the trade association for today’s leaders in the property-casualty insurance industry.  Our members work each day to protect the American Dream, whether that’s a house, car, business or otherwise.  Now more than 150 years old, AIA has an unparalleled record of advocating on state, federal and international issues for insurers and their customers.

Our membership is comprised of more than 320 companies, collectively writing more than $125 billion in premiums each year.

We have the experience of a veteran organization coupled with the innovative ideas that drive our industry forward. AIA is leading the insurance industry into the second half of the 21st Century… today.


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Media Contacts

Maggie Seidel
VICE PRESIDENT, PUBLIC AFFAIRS
(202) 828-7196
mseidel@aiadc.org

Rachel Wallen
PUBLIC AFFAIRS MANAGER
(202) 828-7149
rwallen@aiadc.org

 

AIA MEDIA

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