2/10/2011 1:26 PM
During the past few months, LSR has reported on how the plaintiff’s bar – and several plaintiff lawyer front groups have been attacking Rep. Larry Taylor (R-Friendswood). Taylor launched an inquiry into how much in legal fees the Texas Windstorm Insurance Association paid out in a recent settlement over Hurricane Ike claims and that has really ruffled some feathers of attorneys in this case. The TWIA settlement impacts Texans statewide because when TWIA runs out of state money, it can charge every homeowners insurance company in the state to bail it out, and then those homeowners carriers get a tax credit to make up for the lost revenue.
Recently, these groups were able to convince a Houston television station to do a story on these attacks. Taylor has produced a youtube video explaining the controversy and telling his side of the story. Click below to view Larry Taylor’s response:
Also, since we've mentioned the Houston news story, here's a link: