Texas home insurers see healthy profits in 2014

April 21, 2015 6:52 AM

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Texas home insurers saw a third straight year of healthy profits in 2014 due to higher rates and fewer severe storms across the state.

But The Dallas Morning News (http://bit.ly/1FaCKoT ) reports a rising tide of lawsuits filed by homeowners in recent years has companies worried that more could be on the way. The industry seeks legislation that would curb homeowners' ability to sue insurers for unpaid claims or unfair practices.

Also read: U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent

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