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Texas Supreme Court Weighs In On Insurance Payout Limits - Vimarsana News

Texas Supreme Court Weighs In On Insurance Payout Limits

In ExxonMobil Corp. v. Natl. Union Fire Ins. Co. of Pittsburgh, PA, Texas Supreme Court held that an insurance policy did not incorporate the payout limits of an underlying service agreement and thus the insured was entitled to the higher limits under the insurance policy.