War on hail declared in Texas as insurers take cover from storms
In the Austin statehouse, the insurance industry wants to make it harder for trial lawyers to profit from catastrophic weather. In January, R Street Institute, a Washington-based nonprofit, wrote a report titled “Come Hail or High Water: Texas’ Litigation Explosion.” The group, whose five-person board includes State Farm Insurance vice president Steve McManus, advocates changing the law to prevent “legal gamesmanship” after catastrophic weather events like hail. Gary Stephenson, a State Farm spokesman, declined to comment.
