# TX House Approves Homeowners Ins Bill 

_News_

Canonical: https://www.claimspages.com/news/i1170/

Following three days of debate, House members declared victory Friday saying they had delivered on campaign promises to overhaul the insurance industry and potentially reducing homeowners‘ premiums, according to an article published Saturday in the Austin American-Statesman. 

House members gave insurance legislation preliminary approval on a voice vote; the Senate has already approved a similar measure.

According to the article, lawmakers say the legislation is delivering on another promise: to protect consumers from a recurrence of the current crisis.

"While the Legislators in Texas may be pleased with the product thus far in the process, it does little to solve the problem," said NAMIC State Relations Manager Neil Alldredge. "The ban on the use of credit information may actually exacerbate the current situation."

Sources:
- National Association of Mutual Insurance Companies (http://www.namic.org/topnews/030527_1.asp)