Tennessee Firm & Insurer Settle $2.3M Storm Damage Suit and Bad Faith Claims

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Auto-Owners, who are represented by Parks T. Chastain, E. Jason Ferrell, and Matthew B. Rogers of Brewer Krause Brooks & Chastain PLLC, argued that HailSolve was not able to properly demand appraisal on the basis that it was assigned the claim and was not itself the actual policyholder.

In its response, Auto-Owners Mutual said “There are items or areas included within the appraisal award which were not caused by a covered cause of loss, and/or excluded….”There is no coverage for these items or areas.”

Settlement:

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Despite these differences, this Thursday the firm and insurer announced that they have settled their hail and wind damage lawsuit, through mediation, ending HailSolve’s suit seeking more than $2.3 million it claimed the insurer continued to owe under the binding appraisal award.

In court documents filed this week, HailSolve Inc. and Auto-Owners have tentatively agreed to file a joint notice, stipulation, or proposed order of dismissal by January 2023.