How Long Will Privity Of Contract Remain a Defense To Legal Malpractice?: American Centennial Insurance Co. v. Canal Insurance Co., 843 S.W.2d 480 (Tex. 1992)
Monsour, Douglas C.
Analyzes the prominent decision American Centennial Insurance Co. v. Canal Insurance Co. where the Texas Supreme Court held that an excess insurance carrier has a right of equitable subrogation against a primary carrier and trial counsel for mishandling a claim. The court relied on both the Stowers doctrine and public policy to distinguish precedent that would have disallowed the action due to a lack of privity.