Post-Lennar, Going Rogue Still Risky For Texas Policyholders

Law360, New York (August 26, 2013, 8:47 PM EDT) -- The Texas Supreme Court on Friday made it tougher for insurers to avoid covering settlements that their policyholders reached unilaterally, but policyholders should still think twice before forging deals on their own, attorneys say.

The high court's ruling in favor of homebuilder Lennar Corp. in a long-running legal battle forces Markel American Insurance Co. to pay for more than $6 million in repairs that Lennar made to clients' homes without the insurer's permission. Lennar decided to proactively offer to replace the defective siding products that it...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.