Blog Posts in May, 2021

• Posted By Dick Law Firm 12-May-2021

  Increases in Surplus Lines Premiums

  According to the Surplus Lines Office of Texas (SLTX), surplus line premiums totaled $747.99 million in April, up 0.8 percent from April 2020. According to SLTX, this amounts to a total of $2.75 billion in premium year-to-date, a 14.2 percent raise ...

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• Posted By Dick Law Firm 4-May-2021

  RVOS HOME INSURANCE STRONG-ARMS TEXAS RESIDENT AFTER WINTER STORM URI

  Austin Texas resident Scott Glover in February 2021 had 60 gallons of water pumped from his bedroom floor as a result of broken water pipes during the Winter Storm Uri. "My bed, my clothes, and many of my personal belongings were all flooded ...

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• Posted By Dick Law Firm 2-May-2021

  ERCOT is having insurance problems

  Damaged properties from the February ice storm are eligible for a new catastrophe exemption, which will lower their property value appraisals—and their owners' tax bills—this year. In a press release, Harris County Appraisal District ...

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• Posted By Dick Law Firm 1-May-2021

  AIG Home Insurance Complaints

  During the financial crisis, AIG. made headlines when it received an $85 billion loan from the US government in 2008. The government received a $22 billion profit in 2012 after repaying its debts. The company has since been rebuilt. Even though it is ...

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