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RSUI Must Pay $7.5M Post-Hurricane Award: Texas High Court

By Jeff Sistrunk (May 8, 2015, 7:47 PM EDT) -- The Texas Supreme Court on Friday upheld an appellate court decision awarding an apartment manager $7.5 million in insurance coverage from RSUI Indemnity Co. for damage caused during Hurricane Rita, ruling that an endorsement in the policy is ambiguous and must therefore be construed in the policyholder's favor....

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