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Reporting Requirements Umbrella Policies

Cozen O'Connor

Fifth Circuit Predicts When the Texas Prompt Pay Act Begins to Accrue

Cozen O'Connor on

In a recent decision, the Fifth Circuit considered when the 18 percent damages interest under the Texas Prompt Payment of Claims Act (Prompt Pay Act) accrues and whether an insurer can waive a policy’s one-year cost reporting...more

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