Video & Transcript DataContr Research : 'crop loss'

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TX
Transcript Highlights:
  • , losses, and expenses.
  • Like, the PML, Probable Maximum Loss, is not a cap.
  • , and expenses to projected premiums, losses, and expenses.
  • A company can't use a single past event to justify future losses.
  • The 100-year, one in 100-year probable maximum loss.
Summary: The meeting focused on various critical issues affecting Texas, primarily the challenges surrounding the electric grid and rising insurance costs. Members discussed the ongoing implications of weatherization standards and the operational performance of the grid since the Winter Storm Uri. Significant attention was given to the growing demand for electricity in the state, especially in the context of emerging industries like cryptocurrency mining, and how that influences the need for resilient transmission planning. Additionally, extensive discussions occurred regarding the potential transition of transmission infrastructure from 345 kV to 765 kV, weighing the costs and future readiness of Texas' electrical grid.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025 at 02:04 pm

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • Fraud losses for 2004 were half a million dollars in charge-offs.
  • Where loan losses was the largest portion of your income?
  • Chairman, credit losses are extremely low, especially among community banks.
  • Borrowers predominantly are in the local communities with them, so credit losses are minimal.
  • I couldn't tell you the exact year, but it's certainly favored more in the fraud loss.
Summary: The meeting exhibited a heated discussion on the implications of House Bills 4124, 4061, and 40. Chairman Darby emphasized the importance of reducing credit card swipe fees that adversely affect small businesses in Texas, presenting HB 4124, which aims to exempt sales tax and gratuities from being subject to these fees. Various witnesses, including representatives from the Texas Retailers Association and the National Restaurant Association, supported HB 4124, arguing that it would alleviate financial burdens on local businesses and promote economic fairness. However, several opposing voices raised concerns regarding potential complications and regulatory hurdles that could complicate the business landscape further.
TX

Texas 2025 - 89th Regular

Judiciary & Civil Jurisprudence May 7th, 2025 at 07:05 am

House Judiciary & Civil Jurisprudence Committee

Transcript Highlights:
  • I'm very sorry for your loss to you as well, Mr. Sprague.
  • Again, our sincere condolences to both of you for your loss.
  • And I'm very sorry for your loss.
  • Those are separate for mental anguish and wage loss.
  • I'm so sorry for your loss.
Bills: HB4806
Summary: The Judiciary and Civil Jurisprudence Committee meeting convened early to discuss several critical pieces of legislation, notably HB4806, which aims to reform aspects of civil justice, particularly surrounding personal injury claims. The committee faced strong public testimony both supporting and opposing the bill. Advocates argued that the bill would help mitigate excessive costs in litigation and enhance access to care for injured individuals, while opponents expressed deep concerns that it would drastically limit the ability of victims to receive fair compensation for their suffering. The testimony from families affected by injuries painted a poignant picture of the human impact of the legislation, highlighting the potential devaluation of their pain and trauma in court.
TX

Texas 2025 - 89th Regular

Ways & Means Mar 31st, 2025 at 10:03 am

House Ways & Means Committee

Transcript Highlights:
  • It's a $33 million loss to the state, biannual gain to the local taxing entities.
  • both attainable and financially manageable for providers, knowing they're going to take a financial loss
  • Last year alone, we experienced a loss of $3.2 million.
  • In the current year, the revenue loss represents 14 cents...
  • Today you will hear and have heard about the numbers, loss of revenue, and the exponential growth of
Summary: The meeting of the committee explored various bills with significant discussions centered around House Bills like HB8, HB2723, and HB3093. Members expressed concerns about the financial implications of property tax assessments and the impact of unjust appraisals on local government budgets. Representative Cunningham highlighted the urgency of addressing the discrepancies in property tax laws as they relate to non-profit cemeteries, pointing out historical injustices that have led to the loss of community burial sites. Meanwhile, the discussions on HB3093 revolved around ensuring fair taxation practices to reduce financial uncertainties for local governments, emphasizing the need for realistic revenue calculations in budget projections. The committee actively invited public testimonies, illustrating the widespread interest and implications of these legislative efforts.
TX

Texas 2025 - 89th Regular

Insurance May 7th, 2025 at 08:05 am

House Insurance Committee

Transcript Highlights:
  • We had two claims, two large loss claims on a.
  • We had two large loss claims on a commercial auto business
  • The company says, well, look, these losses are on the books.
  • I can't control losses on the roadways.
  • Well, because of large losses.
Summary: The meeting of the House Committee on Insurance centered around numerous healthcare-related bills, focusing heavily on issues such as artificial intelligence (AI) in medical determinations, autism insurance coverage, and HIV prevention. Representative Garcia Hernandez presented HB4635, aiming to ensure transparency in the use of AI in medical claim denials, which has become increasingly prevalent. The bill introduces mandates for disclosures on AI algorithms used in decisions, enhancing patient rights and keeping the Texas Department of Insurance informed of potential denials. Public testimony supported the bill as essential for safeguarding Texans from unintended biases in AI applications. Additionally, HB813, presented by Representative Goodwin, garnered attention for its effort to update autism-related insurance mandates, removing outdated age restrictions for therapy coverage. This legislation is seen as a crucial step in accommodating the needs of all individuals on the autism spectrum, regardless of the timing of their diagnosis.
TX

Texas 2025 - 89th Regular

S/C on Property Tax Appraisals Apr 3rd, 2025 at 10:30 am

House S/C on Property Tax Appraisals

Transcript Highlights:
  • For H-E-B-I-S-D, this loss could be as high as $15 million in revenues in one...
  • Inherent in the process does not allow the school district sufficient time to recover the loss in tax
  • A $1.5 million funding loss will force unthinkable decisions.
  • Because in February, the state will begin issuing our state funding at the loss of $3.5 million.
  • The gap will get bigger, and the funding loss will... The gap will be more.
Summary: The committee meeting focused on several key bills related to property tax appraisals and education funding. Notable discussions included House Bill 2786, which proposed annual reappraisals to ensure property values reflect current market conditions. Representative Turner highlighted concerns around inconsistent appraisals that could adversely affect funding for local schools, particularly in Tarrant County. The session also saw testimony from representatives and concerned citizens advocating for the bill, emphasizing the importance of fair and accurate appraisals for maintaining educational funding and taxpayer equity. The committee members discussed the overall impact of property tax policies on local districts and pushed for a resolution to this ongoing issue.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Mar 17th, 2025 at 10:00 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • officially opened in January of 2022, and according to the FCIC 2024 annual report, the total amount of loss
  • Fortunately, there is no increased risk of pregnancy loss.
  • in the banking industry, talking to my colleagues in the banking industry for so many years, loan losses
  • were the primary reason for banks to have to accrue for those losses and reserve for those losses.
  • and loan losses as the primary source of loss in those banking
Summary: The meeting of the Committee on Pensions, Investments, and Financial Services convened to discuss various bills aimed at enhancing financial governance and protections in Texas. Notably, Representative Perez laid out House Bill 201, which proposes expanding the scope of the Financial Crimes Intelligence Center to combat organized financial crimes, such as motor fuel theft. This bill garnered significant support from witnesses, including Captain Jeff Headley from the Financial Crimes Intelligence Center, who highlighted the urgent need for legislative measures to address increasing thefts that impact both consumers and state revenue. Subsequently, testimony from several members elucidated the impact of these crimes, emphasizing their detrimental effects on Texas' economic stability. The committee members expressed their interest in the advancements in tackling such issues through the proposed legislation.
TX

Texas 2025 - 89th Regular

S/C on Telecommunications & Broadband May 2nd, 2025 at 09:05 am

House S/C on Telecommunications & Broadband

Transcript Highlights:
  • in the loss of $10 million in cable franchise fees for the
  • I added up the loss for cities in the Metroplex as well, and that figure comes to $19.1 million that
  • For Austin, that would mean a loss of roughly $5 million per year in right-of-way fees and another million
  • The loss of this revenue means that Austin would be forced to cover millions of dollars in costs without
  • from Houston was talking about, in Austin, a $6 million loss
Summary: The meeting of the Subcommittee on Telecommunications and Broadband included significant discussions surrounding Senate Bill 924, which addresses cable service providers and their financial obligations related to franchise fees. Council Member Julian Ramirez opposed the bill, emphasizing its potential fiscal impact on cities like Houston and Austin by restricting franchise fee collections, thus threatening vital public services funded by these fees. Public testimony supported his stance, highlighting the financial realities these cities face, particularly in maintaining public safety and infrastructure.
TX

Texas 2025 - 89th 1st C.S.

Disaster Preparedness & Flooding, Select Jul 31st, 2025 at 09:07 am

House Disaster Preparedness & Flooding, Select Committee

Transcript Highlights:
  • to ask for those with any losses—any losses—we would like to set you guys up here out of respect and
  • Any of those who have experienced losses, this is your next panel.
  • I'm sorry for the loss of the LAMY. Thank you, Mr. Chairman. Bye, Chris.
  • Thank you all both for coming and giving your testimony, and I'm sorry for your loss and for your losses
  • Many have sustained agricultural losses, causing extreme economic loss.
Summary: This meeting, held in Kerr County, focused on the recent flooding disaster that affected the area. Lieutenant Governor Patrick and Speaker Burroughs spearheaded discussions, emphasizing the need for improved emergency response and flood management. Various testimonies highlighted the community's resilience while revealing critical gaps in communication and the effectiveness of evacuation strategies during the flooding. The commitment from state leaders to address these issues was evident, as they assured the local populace that legislative action would follow to prevent future tragedies. Overall, the meeting served as both a reflection on the recent disaster and a clarion call for enhanced preparedness measures across Texas.
TX

Texas 2025 - 89th Regular

Corrections Mar 26th, 2025 at 08:00 am

House Corrections Committee

Transcript Highlights:
  • the right equipment, officers are forced into dangerous encounters that too often end in unnecessary loss
  • /span> At the unit level, certainly after the very unfortunate loss
  • They weren't just grieving the loss of an individual; they were grieving the loss of a part of themselves
  • My niece, Alicia, said it best: while it's important to process grief and accept Grayson's loss, he lost
  • I just wanted to personally say I'm so sorry for your loss. Thank you so much.
Summary: The meeting of the committee focused on several significant bills addressing public safety and reform within the correctional system. Notably, HB2103 was discussed, which aims to provide mental health leave for correctional officers, amid growing concerns about their wellbeing due to the psychological stress associated with their duties. Support was voiced by various stakeholders, highlighting the need for better support systems for officers facing trauma related to their jobs. This bill was aimed at recognizing the critical role that mental health plays in maintaining a safe working environment for those in the corrections field. In another part of the meeting, HB2017 sparked heated debates, as it sought to instate stricter penalties for intoxication manslaughter committed by undocumented individuals. The discussion brought forth views on fairness and the implications of distinguishing sentences based on immigration status. Several witnesses offered testimony, both for and against the bill, leading to a contentious atmosphere that reflected the broader societal debates about immigration and public safety. Overall, the meeting highlighted the challenges of reforming laws while considering the variables of mental health and immigration status in the context of public safety.
TX
Transcript Highlights:
  • God bless you and sorry for your loss.
  • This loss is one no parent should have to endure.
  • So, I just wanted to say we are sorry for all the loss that has happened.
  • The ripple effect of this loss reaches far and wide.
  • But the tragic loss of life is a sad reminder of how deeply unprepared we can be.
Summary: The meeting focused on discussion around SB1, addressing safety reforms in youth camps in light of a tragic flooding incident that resulted in multiple fatalities. The committee heard testimony from various stakeholders, including family members of the victims, who shared heartfelt stories and the urgent need for reforms to ensure that such a tragedy would not happen again. The testimonies highlighted the importance of establishing better safety measures, including evacuation plans and compliance with new safety regulations. Senator Perry emphasized that the bill aims to create objective standards that protect children attending camps, prompting a strong emotional response from attendees as they reflected on the lives lost during the flash floods.
TX

Texas 2025 - 89th 2nd C.S.

Senate Session (Part II) Aug 21st, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • accomplished together brings some comfort to you, knowing that the reforms stemming from the tragic loss
  • And even despite this horrific loss of life that they suffered, they want camping to continue, members
  • And then we've put enforcement with it, loss of licensure, and we can go as far as we have to.
  • Transformed their deep grief and loss into a demonstration
  • Your strength in the face of unimaginable loss humbles this body.
Bills: SB9, SB7, SB17, SB4, SB1, HB4
Summary: The meeting focused on the discussion and passage of SB1, known as the Heaven's 27 Camp Safety Act, which aims to implement critical safety measures for youth camps following a tragic flood incident that resulted in numerous fatalities. Senator Perry led a profound dialogue stressing the importance of ensuring that all campers and camping facilities are adequately prepared for emergencies, emphasizing the need for comprehensive evacuation plans and safety standards. Members expressed heartfelt sentiments toward the families affected by the tragedy, and many voiced their commitment to preventing such an event from occurring again in the future. The overall tone was somber yet dedicated, with a strong emphasis on moving forward in honor of those lost.
TX

Texas 2025 - 89th Regular

S/C on Property Tax Appraisals Mar 6th, 2025 at 10:30 am

House S/C on Property Tax Appraisals

Transcript Highlights:
  • The district is, you know, at a loss to be able...
  • What area has the largest funding losses?
  • funding losses.
  • like what their losses per student or what their losses
  • So that's just the loss, that's not the total value of those. That's the value that's lost.
Summary: The meeting covered a range of legislative topics, including key discussions about various bills and public concerns surrounding new policies. Committee members engaged in a robust debate regarding the economic impact of proposed legislation, with several representatives sharing differing viewpoints. The discussion highlighted the importance of public input in shaping effective laws.
TX

Texas 2025 - 89th 2nd C.S.

Disaster Preparedness & Flooding, Select Aug 22nd, 2025 at 08:08 am

House Disaster Preparedness & Flooding, Select Committee

Transcript Highlights:
  • 100-year floods and a 500-year flood in one particular neighborhood, and we went through the water loss
  • ...property and casualty loss that causes everybody's premiums
  • One was to develop and adopt minimum statewide design standards to reduce flood-related damage and loss
  • I believe this is an opportunity to curtail the loss

  • of life, the loss of property.
Summary: The committee meeting addressed multiple bills related to emergency preparedness and flood prevention, with significant discussions on HB48, SB3, and HB75. Representative Darby opened the meeting by advocating for the creation of a nine-member alert notification system to address public saturation with emergency alerts and to streamline the notification process by evaluating the effectiveness and coordination of existing systems. Testimonies from various stakeholders underscored the necessity of reducing alert fatigue among residents while enhancing the state’s overall readiness for impending natural disasters. The meeting featured robust support for HB75, aimed at establishing stricter safety standards for youth camps located in flood-prone areas following recent tragic flooding incidents that highlighted the urgent need for improved safety measures.
TX
Transcript Highlights:
  • It's to reduce the loss of life and property and identify
  • ...to prevent the loss of life and protect property.
  • The outbreak, as the virus spreads rapidly, causes high death loss.
  • loss in peridomestic birds and poultry.
  • When the tariff wars hit with China, 49 states experienced a loss in agricultural exports.
Summary: The meeting, led by Chairwoman L'Oreal Stepney, covered several crucial topics focusing on Texas water management and the associated legislative priorities. The Texas Parks and Wildlife Department (TPWD) presented its initiatives including the implementation of a 50-hour workweek for Texas Game Wardens, the Cultivated Oyster Mariculture Program, and enhanced funding requests aimed at improving water infrastructure and conservation efforts. Notably, discussions centered around the integration of innovative practices in oyster farming to ensure sustainability and boost coastal resources. Chairwoman Stepney also highlighted the need for improved infrastructure to address water quality and supply challenges given Texas's growing population demands. In addition to water management, there was a significant emphasis on expanding the biosecurity program to combat recent agricultural threats and the establishment of a suicide hotline for farmers, reflecting the committee's commitment towards the well-being of agricultural stakeholders. The meeting concluded with a strong sense of collaboration among committee members and commitments to addressing the pressing needs concerning water resources, conservation, and agricultural safety in Texas.
TX

Texas 2025 - 89th Regular

Public Education Mar 11th, 2025 at 02:30 pm

House Public Education Committee

Transcript Highlights:
  • And it's really not, I mean, there's not a funding loss threat and there is a perception of funding loss
  • Well, no, the results are only apparent in the communities that have the highest funding loss.
  • So you have to sort of decide if you think that's a loss or not.
  • That's about two-thirds of the negative learning loss that COVID caused.
  • Those are the very kids that suffer the learning loss we're talking about.
Bills: HB3
Summary: The meeting centered around critical discussions regarding HB3, particularly focusing on public school funding and educational mandates. There were passionate exchanges among committee members as they debated the implications of the bill on equity in education and funding transparency. Expert testimonies were heard, including an education policy expert who underscored previous findings that highlighted the potential negative impacts of voucher systems on students, especially those from marginalized backgrounds. The discussion raised vital questions regarding how similar programs in other states had fared, emphasizing lessons learned from their experiences.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part II) Apr 3rd, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • We had to make up for that loss.
  • On credit cards, do y'all ever get any losses coming off of credit cards?
  • year period and direct losses.
  • Now, I'm not talking about losses that have to deal with overhead and...
  • I mean, for just direct dollar losses, it's millions and millions of dollars.
Summary: The meeting focused on several important legislative proposals, with significant discussions around AI regulation and copyright protections in light of emerging technologies. Notably, Senate Bill 1964, aimed at promoting ethical AI adoption within government bodies, was presented by Senator Parker. The bill received support from witnesses who emphasized the need for transparency and a regulatory framework that safeguards civil rights while fostering innovation. Conversely, concerns were raised about potential overreach and the implications for accountability in AI implementation. Additionally, Senate Bill 1960 sparked a passionate debate concerning the protection of individuals' digital likenesses from unauthorized use, highlighting the rising stakes as digital content increasingly intersects with personal rights.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 16th, 2025 at 08:04 am

House Natural Resources Committee

Transcript Highlights:
  • What is Aqua, Texas' water loss in their pipes?

  • I want to be really clear that we are talking about an investor-owned utility that has 50% water loss
  • It’s very important that we correct all of the water losses
  • , but the water losses that exist today must be balanced, and trying to do so in a way that targets a
  • not solve the issue for a utility like this, like my other client that is very attentive to water losses
Summary: The meeting of the committee involved extensive discussions on multiple bills related to water management and resources in Texas, particularly emphasizing the importance of legislative measures to enhance the conservation and management of groundwater resources. Representative Romero laid out HB4530, which aims to expand the Texas Water Trust to include groundwater rights, enabling voluntary dedication for conservation and addressing the regulatory gaps that currently exist. The bill received support as it seeks to clarify the processes for groundwater donations, thus promoting effective water management strategies across the state.
TX

Texas 2025 - 89th Regular

Public Health Mar 24th, 2025 at 08:00 am

House Public Health Committee

Transcript Highlights:
  • Neonatal loss happens suddenly, without any preparation
  • ="31860"> We are completely unprepared as a society to support families who have experienced child loss
  • loss should be individualized, and the support available
  • marker="5377" data-time="32256">They are on the front lines serving mothers and families after the loss
  • you have heard, most of the time when a hospital has these devices, it's because a family has had a loss
Summary: The committee meeting centered around significant discussions on healthcare legislation, specifically focusing on two main bills: HB18 and HB37. HB18, known as the Rural Health Stabilization and Innovation Act, was presented to ensure that rural Texans have access to healthcare services, outlining a series of grants and the establishment of a new office to aid rural hospitals. The chair emphasized the importance of this legislation, particularly for counties with limited access to hospitals. In contrast, HB37 was discussed with emphasis on perinatal palliative care, where various members voiced their opinions regarding its impact and necessity, noting the compassionate approach it signifies for families dealing with life-limiting diagnoses.
TX

Texas 2025 - 89th Regular

Business and Commerce May 15th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • So it has to be related, reasonably related to the insurance product to provide loss mitigation or loss
  • risk or loss, monitor or assess the risk, enhance health,
  • It provides something like post-loss services such as grief counseling.
  • They're just all consolidated into one proceeding, so there is no loss of the review process.
  • This bill would change the funding for losses in 2026 and add...
Summary: The Senate Committee on Business and Commerce convened to discuss a wide range of bills, including key pieces of legislation such as HB1922 and HB145, which address utilities' wildfire mitigation efforts. There was a notable emphasis on the importance of strengthening Texas' approach to dealing with electric utility liabilities and improving operational strategies in the event of wildfires. Public testimony was heard, with various stakeholders advocating for and expressing concerns about elements of the proposed regulations, highlighting the nuanced positions citizens and organizations hold regarding energy management and environmental safety. Additionally, several bills were reported favorably to the full Senate, indicating a smooth legislative progress during the meeting.

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