Originally published by Amy Stewart.
The Supreme Court of Texas has issued one of the biggest insurance rulings in years, and our own Amy Elizabeth Stewart sat down for an extensive interview with the national legal publication Law360 to help explain the court’s decision.
In USAA Texas Lloyd’s v. Menchaca, the Texas high court cleared up years of legal confusion by ruling that policyholders can recover benefits as actual damages if such benefits were lost due to an insurer’s violation of the Texas Insurance Code. The Supreme Court also established five rules that lower courts must observe when deciding cases over policy breaches and Insurance Code violations.
from Texas Bar Today http://ift.tt/2o9rQdZ
via Abogado Aly Website