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Expert Analysis

What To Know About Duty To Settle Insurance Claims In Texas

By Laura Grabouski (August 14, 2023, 4:46 PM EDT) -- Insurers and coverage attorneys are familiar with the duty owed to an insured to settle liability claims within the limits of the primary policy and the consequential risk of liability for an excess judgment. In Texas, the duty is known as "Stowers," which originates from the 1929 Texas Court of Appeals case, G.A. Stowers Furniture Co. v. American Indemnity Co.[1]...

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