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.
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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.