Following Texas High Court’s Answer, Panel Affirms Judgment In Favor Of Insurer

(April 24, 2024, 8:52 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals held that it is required to affirm a lower federal court’s judgment in favor of an insurer in an insured’s lawsuit alleging that the insurer violated the Texas Prompt Payment of Claims Act (TPPCA) following the Texas Supreme Court’s answer “yes” to a certified question in finding that the TPPCA prohibited the insured from recovering attorney fees because the insurer voluntarily paid the full appraisal award for the insured’s tornado damage plus any statutory interest....