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Mainali Corp. v. Covington Specialty Insurance Co.

Court: Tx 7-Amarillo  09/21/2017  Fifth Circuit Affirms Lower Court's Decision that Payment of Appraisal Award Bars Claim under Prompt Payment of Claims Act

Court agrees that insurer's use of appraisal process was for purposes of determining the amount owed and not an attempt to avoid payemnt of the claim.

commercial property insurance, appraisal, compliance with requirements of policy, full and timely payment of award, Texas Prompt Payment of Claims Act, Chapter 542, Texas Insurance Code, application of Quibodeaux v. Nautilus Ins. Co., application of Graber v. State Farm Lloyds, Erie guess, preappraisal award, undeniably reasonable

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