Month: March 2021

Today Texas Supreme Court extended its holding in Barbara Tech. Corp. v. State Farm Lloyds that payment of an appraisal award does not extinguish penalty interest or attorney’s fees under the Prompt Payment of Claims Act. 589 S.W.3d 806 (Tex. 2019). The Court categorically rejected the “reasonable undisputed payment” defense as inconsistent with Barbara Tech. See Hinojos v. State Farm…

In our first webinar, we had a lively discussion on the impact of the Big Freeze on claims, coverage, and bad faith litigation. For context, the three costliest storms from 2008-2017 totaled insured losses of just over $32B. The Big Freeze is on the way to surpass these totals. Why? What sets the Big Freeze apart is that it was…