TLR STATEMENT ON FINAL PASSAGE OF TWIA REFORM BILL
FOR IMMEDIATE DISTRIBUTION—June 28, 2011
Contact: Lucy Nashed
(Austin, TX) Texans for Lawsuit Reform applauds the final passage of the TWIA Reform Bill in the Texas House and the Texas Senate. TLR President Richard J. Trabulsi, Jr., said:
“This TWIA reform bill, which was shepherded brilliantly by Chairman John Smithee (R-Amarillo) in the House and Chairman John Carona (R-Dallas) in the Senate, is important legislation that moves the Texas Windstorm Association toward solvency, improves its transparency, oversight and governance, and provides important consumer protections for TWIA policyholders. This bill will improve claims processing by TWIA, establishes efficient dispute resolution mechanisms, allows policyholders to be made whole for losses incurred in windstorms, and lessens the risk of ruinous financial consequences to TWIA policyholders caused by enterprising lawyers who advertise heavily after windstorms.”
“We congratulate Governor Rick Perry, Lt. Governor David Dewhurst, and Speaker Joe Straus, each of whom provided decisive leadership at critical stages as HB 3 proceeded on its legislative path.”
Texans for Lawsuit Reform, the state’s largest civil justice reform organization, is a bipartisan, volunteer-led coalition with more than 17,000 supporters residing in more than 869 Texas communities and representing 1,253 different businesses, professions and trades. For more information, visit www.tortreform.com.