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Reversing a lower court's ruling, the Texas Supreme Court has held that an insured can sue its liability insurance company for damages incurred because the insurer unfairly delayed settling a third-party's claim. The court ruled in favor of the insurer but the decision is considered a victory for insureds because they can sue insurers if they meet certain standards of proof for liability.
June 03, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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