Panel: Arbitration Award Was Not In Violation Of Texas Insurance Guaranty Act

Mealey's (March 13, 2018, 3:07 PM EDT) -- DALLAS — An arbitration award against contractors was not in direct violation of the Texas Property and Casualty Insurance Guaranty Act when their insurer became impaired, a Texas appeals panel ruled Feb. 28 (The Holmes Builders at Castle Hills Ltd., et al. v. Alfred H. Gordon, et al., No. 05-16-00887, Texas App., 5th Dist., 2018 Tex. App. LEXIS 1572)....