Lawyer: Texas Supreme Court Ruling Adds '1 More Weapon' for Collecting From Insurers
The high court found State Farm's payment of an appraisal award to Hinojos did not absolve the insurer of statutory liability.
March 24, 2021 at 03:52 PM
5 minute read
Insurers need to pay up, in full and on time, or run the risk of violating the Texas Prompt Payment of Claims Act. And an insurer's partial payment of a claim within the statutory deadline does not preclude it from liability for interest.
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