Stephen Pate, of Cozen O'Connor's Global Insurance Department, was quoted in an article for Bloomberg discussing how insurers could face fewer suits after Harvey due to the Texas House Bill 1774 that was passed earlier this year. Stephen discusses that the Texas House Bill 1774, that was passed earlier this year, that was designed to curb lawsuits against insurers after natural disasters. Stephen is quoted saying "There was a cottage industry of certain policyholder attorneys that were filing hailstorm claims. These policyholder attorneys were preying on people."
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