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Texas Watch
11.4K posts

Texas Watch
@TexasWatch
Restoring responsibility. Protecting families.
Austin, TX Katılım Aralık 2008
1.3K Takip Edilen2.6K Takipçiler

Sky-high premiums for you. Sky-high perks for them.
Read the full report here: law.vanderbilt.edu/vpa-report-pro…
#txlege #insurance @brianJshearer @VanderbiltU

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"Austin-based robotaxi company Avride has added new crashes to its tally, according to the most recent data reported to federal regulators." @ExpressNews #txlege #safety
expressnews.com/business/artic…
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Consumers pay a ton for home and auto insurance.
We need strong laws to bring rates down. Read the full report here: law.vanderbilt.edu/vpa-report-pro…
@brianJshearer @VanderbiltU #txlege #insurance

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"The U.S. Supreme Court ruled unanimously Thursday that freight brokers accused of hiring unsafe trucking companies can be sued after deadly crashes, a decision that could reshape accountability across the trucking industry." @wfaa #txlege #truckingsafety
wfaa.com/article/news/i…?
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We need new laws to stop insurance overcharges before they start. @brianJshearer
@VanderbiltU #txlege #insurance
Read the full report here: law.vanderbilt.edu/vpa-report-pro…

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“Patients and the public deserve to know this information so they can make informed choices about their care,' said Wendell." #txlege #patientsafety @MattGrantKXAN @KXAN_News
kxan.com/investigations…
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"Waymo is recalling its U.S. fleet of robotaxis after one of the autonomous vehicles was swept away when it drove into floodwaters in San Antonio." #txlege #safety @ExpressNews
expressnews.com/business/artic…?
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Sky-high premiums for you. Sky-high perks for them. #txlege #insurance @brianJshearer @VanderbiltU
Read the full report here: law.vanderbilt.edu/vpa-report-pro…

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"At least nine of the 16 crashes included in the investigation took place in Dallas, according to records." #txlege #safety
dallasnews.com/business/techn…?
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"Across all income levels, very few homeowners say their home insurance costs have gone down in the last few years." @pewresearch #txlege #insurance
pewresearch.org/short-reads/20…
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"Most U.S. homeowners (71%) say the cost of their homeowners insurance has gone up over the last few years, including 42% who say it has gone up a lot." @pewresearch #txlege #insurance
pewresearch.org/short-reads/20…
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Texas Watch retweetledi

Rising Costs, Affordability, and a New Economic Reality for Consumers.
New speakers and panelists have been added to CFA’s Consumer Assembly program ⤵️
consumerfed.org/events/consume…
Check it out & register today!

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“'Insurers are spending more and more on things like executive compensation, corporate jets, advertising campaigns, dividends, stock buybacks, and profits,' said @brianJshearer, director of competition and regulatory policy at VPA and author of the papers." #insurance #txlege Read the excellent @VanderbiltU papers here: law.vanderbilt.edu/vpa-report-pro…
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Texas Watch retweetledi

If politicians want to deliver on their affordability promises, they'll need to actually drop prices in a few markets. In a paper out today and covered by the AP, I propose they take up property insurance, where prices are $150 billion too high. A thread.
apnews.com/article/insura…
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“The insurance industry is price-gouging Americans, and it’s time for insurance commissioners and Congress to put an end to these practices.” #txlege #insurance
law.vanderbilt.edu/vpa-report-pro…
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"Right now, for every $1 collected in premiums, insurers spend only $0.62 to cover claims. The rest of the money is spent on record profits, inflated reinsurance premiums (insurance the insurers get to cover occasional big losses), excessive advertising, high commission payments to independent agents, fighting customers on claims, high dividends to investors, and lavish overhead like private jets. In 2024, industry profits were about double their typical annual profits (15.6% return on revenue)." @VanderbiltU #insurance #txlege Read the report: cdn.vanderbilt.edu/vu-URL/wp-cont…
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