Texas Supreme Court Refuses To Rehear $7.5M Hurricane Rita Coverage Suit

Mealey's (September 16, 2015, 12:08 PM EDT) -- AUSTIN, Texas — The Texas Supreme Court on Sept. 11 denied an excess insurer’s motion to reconsider an earlier majority ruling that affirmed an appeals court’s $7.5 million judgment in favor of the insured in a Hurricane Rita coverage dispute (RSUI Indemnity Company v. The Lynd Company, No. 13-0080, Texas. Sup.).

(Mandate available. Document #51-150917-010Z.)

The Lynd Co., which manages apartment complexes across the country, alleged that it sustained more than $24 million in damages as a result of Hurricane Rita.

Lynd sued its excess insurer,...
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