Chancey v. New Amsterdam Casualty Company

DENTON, Chief Justice.

This suit was brought by appellant, the assured of a liability insurance policy,, against appellee insurance carrier, to recover an amount in excess of the policy limits which had been assessed by a jury in a prior case against appellant. This-suit is brought under the so-called Stowersdoctrine based on Stowers Furniture Co. v. American Indemnity Co., Tex.Com.App., IS S.W.2d 544.

The present case followed appellee’s refusal to compromise and settle the claim of one Walter Van Luit against appellant, which resulted in a jury verdict and judgment against appellant in the…