“[P]ayment of an appraisal award does not absolve the insurer of statutory liability when an insurer accepts a claim but pays only part of the amount it owes within the statutory deadline. Because the insurer in this case did not pay the amount that ‘must be paid’ on the claim before the statutory deadline, it was not entitled to summary judgment.” Hinojos v. State Farm Lloyds, No. 19-0280 (March 19, 2021) (7-2 decision).

Please follow and like us: