Press Statement on Senate Approval of HB 1774, One of the Blue Tarp Bills
For Immediate Release
On a vote of 21-8, the Texas Senate gave preliminary approval to HB 1774 today, one of the #BlueTarpBills. The legislation slashes the penalty for property insurers that wrongfully delay weather-related claims, forces many cases into federal court where it takes twice as long to receive justice, and adds cost and uncertainty for property owners who attempt to legally challenge insurers' decisions.
Executive Director Ware Wendell released the following statement:
"Under this new law, many insurance companies will pay property owners as little as late as possible. Texans can expect only more delays and denials from the for-profit insurance industry. The harmful effect of this legislation for homeowners, businesses, churches, and schools will be felt all across our state."
The legislation has already passed the Texas House, and after final approval by the Senate, will move to the governor's desk. Over 2,400 Texans have signed a petition asking the Texas Legislature to reject this harmful legislation. Businesses and churches have also raised their voices in opposition. HB 1774 is supported by the insurance industry and their allies.
Texas Watch is a non-partisan citizen advocacy group that has fought for the rights of policyholders since 1998. Learn more at www.TexasWatch.org/protectpolicyholders.