Chapter 542 of the Texas Insurance Code, also known as the Texas Prompt Payment of Claims Act ("TPPCA"), generally allows an insured to recover interest
On May 16, the Court of Appeals for the Fifth District of Texas at Dallas resolved an ongoing question, holding that an insurer's tender of possible interest payments that could be due under.
A complaint filed this week in federal court by a Wynne woman whose home was destroyed March 31 by an EF-3 tornado that decimated much of the Cross County city claims that her insurance company undervalued the coverage on her home by more than $200,000.
Current state of affairs - Even before Hurricane Ian made landfall and devastated southwest Florida in September 2022, six property & casualty insurers had voluntarily.