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Sullivan v. Lemonade Insurance Co.

Court: Tx 9-Beaumont  09/26/2024  Rental Insurer's Settlement Payment to Receiver Qualifies as Non-Exempt Property

After insured under rental insurance policy sued insurer for claims arising of personal property damaged in apartment fire, receiver appointed by judgment creditors against the insured intervened in insured's suit against rental insurer seeking to recover any proceeds payable to insured, and following settlement between insurer and receiver the insured appealed and the appellate court held that the insurance proceeds constituted a non-exempt asset properly recoverable by the receiver.

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