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Hinojos v. State Farm Lloyds

Court: Tx Sup  03/19/2021  Divided Supreme Court Reverses Summary Judgment for Insurer on Its Liability Under the Prompt Payment of Claims Act

The Court found that the insurer's prompt payment of an appraisal award did not bar liability under Chapter 542 of the Insurance Code even if the insurer had partially paid the claim within the statutory deadline.

homeowner's insurance policy, Prompt Payment of Claims Act, Chapter 542, partial payment, statutory interest, appraisal

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