Though the court finds the failure to give the statutory notice would not, alone, keep the policy in full force - but, as specified by statute, would have the effect of limiting insurer's liability to the policy's face amount - the court finds the attempted retroactive release of a liability insurance policy, after a known claim had arisen, is void based on public policy.
June 16, 2003 at 12:00 AM
1 minute read
The original version of this story was published on Texas Lawyer
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