Prepayment and Assignment Under the Texas Stowers Doctrine

dc.creatorBurnett, Bob D.
dc.date.accessioned2018-09-14T21:00:29Z
dc.date.available2018-09-14T21:00:29Z
dc.date.issued1970
dc.description.abstractDiscusses the Stowers Doctrine, which imposes upon an insurer a duty of ordinary or due care to the insured. This duty extends naturally to settlement negotiations, as an insurer who rejects an offer of settlement that was within the range of the policy may be liable to the insured if the judgement is rendered against them in excess of the policy. This is complicated by the prepayment rule, which disallows the payment of the excess judgement by the insurer until it is paid by the insurer, suffering a loss. The author discusses the interaction of these principles, and advocates for the containment of the prepayment rule to indemnity policies, and not liability policies.en_US
dc.identifier.citation2 Tex. Tech L. Rev. 69en_US
dc.identifier.urihttp://hdl.handle.net/2346/74584
dc.language.isoengen_US
dc.publisherTexas Tech Law Reviewen_US
dc.subjectStowers doctrineen_US
dc.subjectPrepayment ruleen_US
dc.subjectLiabilityen_US
dc.subjectInsuranceen_US
dc.titlePrepayment and Assignment Under the Texas Stowers Doctrineen_US
dc.typeArticleen_US

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