SEarlier this year, largely unbeknownst to the general public, Texas Farm Bureau submitted an interesting proposal to the Texas Department of Insurance; lower premiums for the insured in exchange to relinquish suing rights. This proposal would be considered legal and binding insurance policy language and thus, all disputes would be handled solely through the claims …
Texas could possibly be subjected to yet another legal decision within the insurance trade. The outcome could shake the industry and may only benefit the insurance companies, not the insured. According to John C. Moritz of Corpus Christi Caller-Times, a Texas legislative panel has heard a proposal for hail litigation lawsuit reform. The standing argument is that hail …
IS TEXAS INSURANCE LITIGATION ON THE CHOPPING BLOCK? Read More »
In Texas, it’s known that if you want a change in weather, just wait 5 minutes. And boy, are the differences in those changes BIG this coming week. For instance, the next 2 days are scheduled to have a high temperature of around 65 degrees. The following three days and average high of 78 degrees. …
Dealing with storm damage loss and the aftermath of filing an insurance claim can be a very overwhelming, difficult, and time consuming experience. Many homeowners find themselves in a completely foreign situation and amidst the claims process, consider if they are being treated fairly. Our professional, experienced, and qualified team at Morgan Elite Specialist Services …
Weather predictions for this week include sufficient rain, wind, and hail to warrant storm and flood warnings in Houston and surrounding cities. We seem to be experiencing these conditions on a regular basis and it is crucial to exercise caution and be prepared. We would like to offer a few safety tips in the event …
2017 has ushered in an indiscriminate variety of weather, including an increased number of tornados. Many factors play into the creation of a tornado, including fluctuating temperatures and wind speeds, rain, hail, and thunder. While there is still much to learn about the causes of tornados, the National Center for Atmospheric Research (NCAR) states that …
We have previously discussed the highly anticipated verdict regarding insurance tort reform and the implications it could have on the future of insurance practices. The reform is related to insurance claims and certain prohibited acts and practices in the business of insurance. The issues are once again heating up at the Texas State Capitol as …
Dear Roofers and Contractors, While our certified public adjusters at Morgan Elite Specialist Services are by no means legal entities or advisors, they do take pride in their knowledge and understanding of Texas Insurance Law. We have recently been made aware that many contractors include language in their contracts indicating that they will, in some …
The weather sure is nice this week! The sun is shining and the wildflowers are blooming, infusing the air with wonderful fragrant breezes. However, do not let Mother Nature or Texas weather fool you as this is still the season for tornadoes, wind, and hail. If the past few years are any indication, we are …
DON’T FORGET! TORNADOS, WIND, AND HAIL ARE LIKELY Read More »
Insurance lobbyists are fighting for the proposed legislative Senate Bill (SB) 10 and House Bill (HB) 1774, dubbed ‘The Blue Tarp Bills’. We have discussed what these bills propose and their negative implications in a previous blog. The following are some ways to get involved and protect your rights as Texas citizens, consumers, and insurance …