JackLuis
Literotica Guru
- Joined
- Sep 21, 2008
- Posts
- 21,881
No it's not a new strain of Pot! It's Texas Rethuglicans.
Texas governor may allow insurance companies to short-change Hurricane Harvey victims
Too bad Florida didn't have this bill when Trump claimed $17 million for $3,000 in damages.
Texas governor may allow insurance companies to short-change Hurricane Harvey victims
An insurance reform bill signed into law by the Republican governor of Texas in May could allow insurance companies to underpay victims of the devastation brought about by Hurricane Harvey.
According to Dallas-Ft.Worth real estate expert Candy Evans, House Bill 1744 was signed by Gov. Greg Abbott with the understanding that it would clamp down on insurance fraud and limit the ability of policy holders to sue their insurer.
As Evans notes, “The law reduces the penalties insurance companies can face if they settle claims for too little, and it lessens the chance the companies will have to pay the homeowner’s attorneys fees if the homeowner sues. It also protects individual agents from things like diminished credit scores if they are individually sued.”
More pertinent, in light of the Harvey devastation, the bill includes all weather-related damages including floods, wildfires, hail and hurricanes.
According to Evans, the limitations should come as no surprise, with State Sen. John Whitmire (D-Houston) warning about the untended consequences of the bill during debate in May.
Too bad Florida didn't have this bill when Trump claimed $17 million for $3,000 in damages.
