(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.
(Austin, TX) HB 274, the 2011 Omnibus Tort Reform Bill, gained final passage on the floor of the Texas House today with a vote of 130 to 13. The legislation is now headed to Governor Rick Perry for his signature. TLR President Richard J. Trabulsi Jr., said:
“HB 274 is the most significant legislation impacting the Texas civil justice system since SB 15 in 2005 (asbestos litigation reform) and HB 4 in 2003 (The Omnibus Tort Reform Act).
(Austin, TX) Texans for Lawsuit Reform issued the following statement today following the Senate passage of HB 274, the 2011 Omnibus Tort Bill. TLR President Richard J. Trabulsi, Jr., said:
“We congratulate the Texas Senate on the passage of this important legislation, which will increase the efficiency of our courts by instituting less costly and time consuming court procedures. It also provides incentives for fair and early settlements and imposes risk on those who pursue meritless or abusive lawsuits.”