District Court: Insurer Effectuated Prompt, Fair Mold Settlement

DALLAS - According to a July 2 decision by a federal court in Texas, a homeowner who alleged that her insurer failed to investigate, cover and remediate mold contamination in a timely manner was also unable to prove that the insurer failed to effectuate a prompt, fair and equitable settlement. Lora Darrell Maynard, et al. v. State Farm Lloyds, No. 3:00-CV-2428-M (N.D. Texas, Dallas Div.).

The district court judge granted the insurer's motion for summary judgment, finding that the evidence revealed that State Farm Lloyds promptly settled the plaintiff's claim within the limits established by the insurance policy when liability …