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Texas Supreme Court Confirms Prompt Payment Protections for Appraisal Awards – Another Win for Policyholders

One source of protection for policyholders is the Texas Prompt Payment of Claims Act (TPPCA), which places various deadlines on an insurance company’s claims processing. In order to encourage that claims are timely paid, the TPPCA penalizes insurers who break those deadlines. Recently, the Texas Supreme Court decided several cases which raised the question of…
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