Texas Insurer Abandons Mandatory Mediation-Arbitration Endorsement Proposal

Disputing Blog by Karl Bayer, Victoria VanBuren, and Holly Hayes

The Texas Farm Bureau has reportedly abandoned a proposal that would have allowed insureds to relinquish their right to sue the company in the event of a claim dispute in exchange for a lower homeowners’ policy premium.  Under the proposal, insureds who opted to pre-emptively sign away the right to sue would instead have been required to engage in mandatory mediation-arbitration with Farm Bureau. You may read more about the proposal in a prior blog post.

In July, the Texas Department of Insurance held a public meeting in Austin regarding the insurer’s request.  Insurance lobbyists, consumer advocates, and attorneys offered comments at a contentious five-hour public meeting.  Last week, Texas Farm Bureau formally withdrew its proposal from consideration.  At the time, Texas Insurance Commissioner David Mattax had not yet issued a decision regarding the insurance company’s endorsement request.  Although the Farm Bureau’s mandatory mediation-arbitration endorsement proposal is now closed, it seems likely the issue will be raised again at some point in the future.

                        author

Beth Graham

Beth Graham received a J.D. from the University of Nebraska College of Law in 2004 and a M.A. in Information Science and Learning Technologies from the University of Missouri in 2006. She also holds a B.S. in Public Administration from the University of Nebraska-Omaha. She is licensed to practice law… MORE >

Featured Mediators

ad
View all

Read these next

Category

CSI (Conflict Scene Investigation): Why the brain likes to hang out with Columbo, Monk, and Sherlock Holmes

From Stephanie West Allen's blog on Neuroscience and conflict resolution . The brain likes to be creatively engaged. Creative and thoughtful engagement lessens stress and fear, and therefore can lead...

By Stephanie West Allen
Category

Walking Away with Grace

Cinergy Coaching by Cinnie Noble Sometimes when we are in conflict with another person we are faced with a dilemma about what we are or are not willing to say...

By Cinnie Noble
Category

The Narrative Arc of Conflict

Kluwer Arbitration Blog“Odd as it may seem, I am my remembering self, and the experiencing self, who does my living, is like a stranger to me.” (Kahneman, Thinking, Fast and...

By Ian MacDuff

Find a Mediator

X
X
X