Amarillo - Texas is #1 for the most hail claims in the nation accounting for 30% of all claims nationwide. Do the math and this adds up to more than $3 billion in property damage last year in Texas.
After a hail storm, some attorneys partner with certain roofers and public adjusters to talk property owners into filing unnecessary lawsuits against their insurance companies, promising a big payout at no cost.
But what's really happening is plaintiff attorneys are gaming the system to make money off unsuspecting property owners. Instead of going through the regular insurance claims process, homeowners get stuck in months of unnecessary litigation, with no guarantee of a payout.
And if they do win in court, the lawyers get a huge cut of whatever money the insurance company pays out sometimes leaving property owners without enough money to make the repairs they need.
For more information VISIT:STOPTEXASLAWSUITABUSE.COM
About David Sampson, Property Casualty Insurers Association of America (PCI),CEO
David A. Sampson is the president and chief executive officer of the Property Casualty Insurers Association of America (PCI), representing 1,000 companies that write 35 percent of the nation's home, auto, and business insurance market. Since joining PCI in 2007, Sampson has established the organization as a recognized thought leader and highly respected advocacy voice for the property casualty industry. Sampson is also the president of the Independent Statistical Service (ISS), a wholly owned subsidiary of PCI and one of the industry's largest and most trusted statistical agents. He serves on the Board of Directors of the Insurance Institute for Highway Safety. He also is a member of the U.S. Chamber of Commerce's "Committee of 100," a group of CEOs from the nation's leading trade associations.
Before joining PCI, Sampson served in the George W. Bush Administration in two presidential-appointed and Senate-confirmed positions. From 2005 to 2007, he served as the Deputy Secretary of the U.S. Department of Commerce, the Department's chief operating officer overseeing its 15 agencies. Sampson traveled worldwide to promote opportunities for U.S. companies and encourage the development of market economies and increased trade. In this position, he was a member of President Bush's Management Council.
Sampson also served as Assistant Secretary of Commerce for Economic Development from 2001 to 2005. Previously, Sampson served in the Governor George W. Bush Administration as Chair of the Texas Council on Workforce and Economic Competitiveness and Vice Chair of the Texas Strategic Economic Development Planning Commission. He also led the Arlington, Texas Chamber of Commerce as the President and Chief Executive Officer.
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