Texas Court Hands Insurers $2.8M In Auto Claims Row

Law360, New York (March 29, 2012, 7:32 PM EDT) -- A Texas state appeals court on Wednesday upheld a $2.8 million judgment in favor of two insurance companies that were forced to hire a new automobile claims adjuster after raising concerns about the previous adjuster’s business practices.

A three-judge panel for the Court of Appeals’ Fourth District said Home State Mutual Insurance Co. and Transatlantic Reinsurance Co. were entitled to recover money they paid to Marshall Contract Adjusters after dropping the former adjuster, Gamma Group Inc. Home State and Transatlantic allegedly cut Gamma out of reinsurance...
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