TX Gov Candidates Argue HO Rates

  Tuesday, July 23rd, 2002 Source: Insurance Journal

The two Texas gubernatorial candidates continue to trade barbs over the state's tumultuous homeowners insurance market, further proving that higher premiums have become a major issue in the campaign. According to the Dallas Morning News, Democratic candidate Tony Sanchez has increased calls for a special session of the Texas Legislature to address the issue, with Republican governor Rick Perry continuing to dismiss the appeal as unnecessary. During a five-stop bus tour through East Texas, Sanchez asserted that Perry' s refusal to call a special session is proof of his ties to the insurance industry, which has donated nearly $900,000 to the governor's campaigns in the last five years.

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