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Odom v. Central Mutual Insurance Co.

Court: SD Tx  03/31/2023  Fact Issues Regarding Amount and Accrual of Prompt Payment Interest Following Appraisal Preclude Summary Judgment

A court of the Southern District of Texas denied in part an insurer's motion for summary judgment following appraisal in a residential hurricane damage dispute, holding that genuine issues of material fact regarding when interest under the Texas Prompt Payment of Claims Act accrued and how much interest the insured is entitled to preclude summary judgment as to the insured's claims under the Texas Prompt Payment of Claims Act.

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