Texas lawmakers pass limits on weather claims lawsuits
Insurers stand to gain some relief from abusive lawsuits in
Texas, where lawmakers passed and sent a reform bill to Governor
Greg Abbott today.
Abbott ,a Republican, reportedly supports the measure, which
would take effect in September once he signs it into law.
The legislation aims to counter an explosion in lawsuits tied
weather-related insurance claims which surged 1,400 percent in the
Lone Star state from 2012 to 2015, according to analyses by state
regulators and the nonpartisan House Resea
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