By Brett Wallingford and Hanna Kim ( April 15, 2019, 2:37 PM EDT) -- In 2017, Chapter 542A of the Texas Insurance Code introduced new laws pertaining to lawsuits arising from weather-related claims. Notable is Section 542A.006, which allows an insurer to elect to assume an agent's liability.[1] Specifically, if an insurer notifies the insured of the election, "the court shall dismiss the action against the agent with prejudice."[2]...
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