Globe Indemnity Company v. Gen-Aero, Inc.

KLINGEMAN, Justice.

This suit was brought by appellee, the insured of a liability insurance policy, against appellant insurance carrier, to recover the amount appellee was required to pay as a result of a judgment against it in excess of policy limits, on the grounds that appellant had negligently rejected an offer to settle the claim for an amount less than the policy limits. Trial was to a jury, and based upon the jury’s findings, judgment was rendered for appellee against appellant in the amount of $14,200.72.

In 1964, a suit was instituted in Brazoria County by Dr. G. J. Hayes and Dr. John…