Recent Texas Supreme Court opinions have been helpful to Texas insureds. The help comes in the form of the Court deciding that an insurer by merely paying an appraisal award is no longer able to wash their hands of the case. The insured can still seek remedy under the Texas Prompt Payment of Claims Act (TPPCA).
The case is from the Texas Supreme Court and is styled, William Marchbanks v. Liberty Insurance Corporation.
At issue in this insurance dispute is whether an insurer’s payment of an appraisal award bars an insured’s claims under the TPPCA, codified as Chapter 542 of the Insurance Code. The court of appeals concluded it did. Because the court of appeals’ opinion is inconsistent with recent decisions on this issue, this Court now reverses.