Texas House Bill 946: Protecting Consumers from “Swoop and Settle” Insurance Practices
Understanding the “Swoop and Settle” Tactic After an accident, some insurance companies employ a strategy known as “swoop and settle.” This involves quickly contacting accident victims, often before they fully comprehend the extent of their injuries or consult legal counsel, and offering a rapid, low settlement over the phone. Victims, still in shock or unaware …