Consumers Deserve a Choice to Control their Insurance Policy
AUSTIN- The Property Casualty Insurers Association of America (PCI) today urges Texas Insurance Commissioner David Mattax to allow insurers to offer insurance discounts for homeowners who voluntarily choose arbitration in policy disputes. These optional endorsements for mandatory arbitration can lower premiums and prevent much of the unnecessary hail storm litigation that has recently plagued the state. PCI vice president of state government relations Joe Woods is testifying at today’s public hearing at the William P. Hobby Jr. State Office Building and offers this statement: “There is a