Fort Worth insurance lawyers need to read this opinion issued by the United States Court of Appeals for the Fifth Circuit issued on February 2013. The style of the case is, Canal Indemnity Company v. Rapid Logistics, Incorporated. Here is some relevant information: This is an appeal from a declaratory…
Dallas Fort Worth Insurance Lawyer Blog
Insurance Law Attorneys
Fort Worth insurance law attorneys need to be aware of an opinion issued by the United States District Court in Houston. The style of the case is, Landing Council of Co-Owners v. Federal Insurance Company. Here is some relevant information: Landing Counsel filed suit against Federal and the insurance agent,…
Auto Insurance Coverage
Weatherford insurance lawyers need to know the coverages in an auto insurance policy. As for damage to the auto itself, the terms of coverage for damage to the auto are fairly straightforward: 1. “Named-Peril” coverage is provided on “covered autos.” The policy would provide that the carrier will pay for…
Minimum Limits
Weatherford attorneys and those in Mineral Wells, Aledo, Springtown, Hudson Oaks, and other parts of Parker County need to know the minimum limits required on cars in Texas. But also knowing those limits is important when dealing with an out of state driver. Fox Business recently ran an article that…
Physical Contact Rule For Uninsured Coverage
Fort Worth insurance law attorneys need to know the “physical contact” rule as it relates to coverage for uninsured (UM) coverage. UM coverage is required pursuant to the Texas Insurance Code, Section 1952.101, unless it is rejected in writing. Most auto insurance policies are going to include within the definition…
Personal Injury Protection (PIP)
Dallas insurance lawyers need to understand how Personal Injury Protection (PIP) benefits work in an auto policy. The Texas Insurance Code, Section 1952.152, tells us that PIP is required coverage in an auto policy unless this coverage is rejected in writing. However, Section 1952.153, tells us that the minimum requirement…
Medical Payments (Med Pay) Coverage In Auto Policy’s
Dallas insurance lawyers need to understand how medical payments (Med Pay) coverage works in auto insurance policies. Med Pay is an optional coverage in an auto policy. Unlike personal injury protection (PIP) or uninsured motorist (UM), it is not a required coverage. Under this coverage, the insurance company agrees to…
Replacement Costs
Dallas insurance attorneys need to know the difference between “replacement cost” and “actual cash value” in an insurance policy. The 1998, Austin Court of Appeals opinion in the case styled, “Great Texas County Mutual Insurance Co. v. Lewis” lends some insight into the differences. Here is some relevant information: The…
“All Risk” Insurance Policies
Dallas insurance lawyers have to understand how the courts look at “all risk” insurance policies. Property insurance may be issued on either: A. An “all risk” basis, meaning that all risks of physical loss are covered except for excluded perils; or B. A “named peril” basis, meaning that physical loss…
Insurance Policies And Insurable Interests
Grand Prairie insurance lawyers and those in Irving, Arlington, Mansfield, and other places in the DFW area to know this case. The case is styled, Jones v. Texas Pacific Indemnity Company. It is a 1993, Dallas Court of Appeals opinion. Here is some relevant information: This is a summary judgment…