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Fri Feb 15, 2013, 05:17 AM

Sen. Kelly Hancock (R) files SB 548 to abolish Office of Public Insurance Counsel

Last edited Fri Feb 15, 2013, 07:20 AM - Edit history (1)

AUSTIN — Just days after the Texas Office of Public Insurance Counsel moved to block State Farm’s 20 percent increase in homeowners insurance rates, a Dallas-area senator introduced a bill Thursday that would abolish the agency.

The measure by Sen. Kelly Hancock, R-North Richland Hills, would eliminate one persistent critic

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http://www.dallasnews.com/news/politics/state-politics/20130214-dallas-area-senator-files-bill-to-abolish-state-consumer-advocate-for-insurance.ece

Additional background:

AUSTIN – On March 4, 2013 an Administrative Law Judge with the State Office of Administrative Hearings will conduct a public hearing to review the 20% rate increase State Farm Lloyds implemented late last year. The hearing is being held at the insistence of Public Insurance Counsel Deeia Beck. Mrs. Beck is the Executive Director of the Office of Public Insurance Counsel, a state agency that advocates for Texas insurance consumers. To see the full press release...

http://www.opic.state.tx.us/images/Office_of_Public_Insurance_Counsel_Press_Release.pdf

Source: http://www.opic.state.tx.us/

Edited to add: Senate Bill number was obtained from Texas Legislature Online at http://www.legis.state.tx.us/billlookup/billnumber.aspx .

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Reply Sen. Kelly Hancock (R) files SB 548 to abolish Office of Public Insurance Counsel (Original post)
TexasTowelie Feb 2013 OP
TxDemChem Feb 2013 #1
hobbit709 Feb 2013 #2
TexasTowelie Feb 2013 #3

Response to TexasTowelie (Original post)

Fri Feb 15, 2013, 06:53 AM

1. Wow!

Why am I not surprised Hancock wants to do away with this board. I suppose capitalism at its finest.

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Response to TexasTowelie (Original post)

Fri Feb 15, 2013, 10:52 AM

2. They really should wear NASCAR style suits, so we can easily tell who owns them.

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Response to hobbit709 (Reply #2)

Fri Feb 15, 2013, 06:07 PM

3. One of the top five campaign contributors for Hancock

is Farmers Insurance Group.

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