Insurance Claims Message from TWA

[Encinal]

No. Has nothing to do with when you file the claim.

From the Texas Bar Association:

Texas property owners should be aware that House Bill 1774, passed by the 85th Texas Legislature, will change the law regarding how legal actions for certain insurance claims are handled, including some claims for property damages or losses caused by natural disasters. If you need to make an insurance claim related to Hurricane Harvey, you should study how the law may affect you. Claims made before September 1, 2017, will be subject to current law; those filed on or after September 1 will fall under the new law.

So the Texas bar association is lying?

[Atfulldraw]

TWA is a landowner's organization and many of it's members are affected by the storm.

I am one of them.

Have you asked Michael what Harvey has to do with bowhunting?

nice straw man....


and this furthers the mission of the TWA by driving away potential members?

I'm one of them.



You didn't answer my original question.....

Which trial lawyer in the TWA thought this was a good idea?

[Encinal]

and making the penalty less makes it less attractive to the bottom feeders that run this type of practice.

it also takes away the ability to go after adjusters, a practice that was done for no other reason than to harass and annoy them.

A friend of mine who is an excellent adjuster but who worked in the valley had more than 200 of these bull**** suits against him at one time.

Raise your hand if you sell insurance.

[Etxbuckman]

But we both know that what a law INTENDS to do and what it actually does is many times not the same. Have you read the law? Are you "reposting crap you know nothing about?"

That's the nuts and bolts of the law, not regurgitated crap. You're reading way too much in to this.

[Atfulldraw]

Raise your hand if you sell insurance.

are you tying to set a record for being wrong in one thread?

[Encinal]

nice straw man....


and this furthers the mission of the TWA by driving away potential members?

I'm one of them.



You didn't answer my original question.....

Which trial lawyer in the TWA thought this was a good idea.

There isn't one to my knowledge. TWA doesn't work like that. TWA is trying to help folks.

[bigdaddy590]

Insurance Claims Message from TWA

That's the nuts and bolts of the law, not regurgitated crap. You're reading way too much in to this.

I don't see how I am reading to much into it. The law states that The penalty is decreased for slow pay of LEGITIMATE claims.

[bigdaddy590]

I have no dog in this fight but if I had property damage because of the storm I would notify asap. What could it hurt?

[Encinal]

are you tying to set a record for being wrong in one thread?

Dude. You and I both know that record isn't touchable by either one of us.

If Im wrong, I'll own up to it. I've read most of the bill now. The Texas Bar Statement is pretty compelling.

The bill specifically mentions Hurricanes in 542A. Can you point me to specific wording?

[Etxbuckman]

I don't see how I am reading to much into it. The law states that The penalty is decreased for slow pay of LEGITIMATE claims.

As has been stated numerous times already its intention, which you're welcome to believe or not, is to curb frivolous inflated and ILLEGITIMATE lawsuits against insurance companies

[bigdaddy590]

Well done, post this on social media and lets hope it takes off as fast as the mis information did

Don't worry it's already been posted on social media by an insurance agent. [emoji41] almost word for word actually.

http://www.shaggytexas.com/board/sho...hailstorm-bill)

[Roy Munson]

Bill has nothing to do with frivolous claims. Please explain how extending the time between claim and payment is about frivolous claims. If you have never been put out of your house due to natural disaster, for an insurance company to delay payment for 60 days is unconscionable. Lawyer makes between 35%-40% regardless. Law doesn't change timeline when case gets settled. They make the same either way. If insurance company acted in good faith he gets nothing. Please explain in specific terms how it curbs lawsuits.

Again, calling out the bad actors in a profession is not calling out the whole profession. Do you work for the insurance lobby. Why are you so sensitive?

[bigdaddy590]

Anyways I'll leave y'all to fight about this one. My intent was to inform those affected by the storms so that they can get back on their feet quickly. Sorry if others don't agree. The word has spread and filing early can't hurt.

[flywise]

Don't worry it's already been posted on social media by an insurance agent. [emoji41] almost word for word actually.

http://www.shaggytexas.com/board/sho...hailstorm-bill)

Good
The premis of all this hype over the bill is that the insurance companies intend to screw the customer. The premis is 100% false. Despite the reputation of insurance companies in general as being crooks they provide the individual with a product the individual almost never have the means to provide for themselves....protection against a loss so substantial it would ruin most people.
Insurance companies should have a good reputation but dont because someone chose to underinsured themselves then took to the streets to claim they got hosed by the insurance company. For a relatively small premium a person can insure against total ruin, some folks like to skimp on their responsibilities for a favorable premium only to find out the hard way they screwed up. This is a really hard life lesson to learn but as an adult a person should learn from this mistake and move on instead of spreading the ( typically false ) rumor they got hosed.
When a persons house burns down they should thank their agent and company they have the means to rebuild. 1 good claim and your insurance company could not possibly recover all they paid out to that person.

[Roy Munson]

Good
The premis of all this hype over the bill is that the insurance companies intend to screw the customer. The premis is 100% false. Despite the reputation of insurance companies in general as being crooks they provide the individual with a product the individual almost never have the means to provide for themselves....protection against a loss so substantial it would ruin most people.
Insurance companies should have a good reputation but dont because someone chose to underinsured themselves then took to the streets to claim they got hosed by the insurance company. For a relatively small premium a person can insure against total ruin, some folks like to skimp on their responsibilities for a favorable premium only to find out the hard way they screwed up. This is a really hard life lesson to learn but as an adult a person should learn from this mistake and move on instead of spreading the ( typically false ) rumor they got hosed.
When a persons house burns down they should thank their agent and company they have the means to rebuild. 1 good claim and your insurance company could not possibly recover all they paid out from that person

You should drink less. I don't know if I agree with you. Is that English?