McAllen I.S.D. v. Property Casualty Alliance of Texas and Certain Lloyd's Underwriters
Jun 01, 2014OUTCOME: Claim settled for $17.5 million
MISD suffered extensive hail damage in a 2012 hail storm. Its insurer initially paid approximately $4 million to resolve the hail damage claims. MISD then asked its lawyers to take over the claim on i ... ts behalf. The claim ultimately was settled pre-suit, after an informal settlement conference, for $17.5 million.
