In Re American Risk Insurance Company, Inc. v. the State of Texas
Excerpt
**In Re American Risk Insurance Company, Inc. v. the State of Texas**
Court: Texas Court of Appeals, 1st District (Houston)
Filed: 2025-11-25T00:00:00-08:00
URL: https://www.courtlistener.com/opinion/10744983/in-re-american-risk-insurance-company-inc-v-the-state-of-texas/
June 26, 2024, was issued. The appraisal award concluded that the replacement cost for the covered damage was $56,934.65. On July 23, 2024, relator issued an actual cash value payment to real parties in interest of $20,505.38, representing the replacement value as determined by the appraisal award, minus relator’s prior payments, depreciation , and the deductible required by the policy. Relator also paid statutory interest …
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