First General Realty Corporation First Mortgage Company of Texas, Inc. First General Realty Corporation and Pacific Gulf Investment Corporation D/B/A River Plantation Development Company, Inc. v. Maryland Casualty Company, National Standard Insurance Company and American General Fire & Casualty Company

TEXAS COURT OF APPEALS, THIRD DISTRICT, AT AUSTIN

ON MOTION FOR REHEARING

NO. 03-97-00580-CV

First General Realty Corporation, et al., Appellants

v.

Maryland Casualty Company, et al., Appellees

FROM THE DISTRICT COURT OF TRAVIS COUNTY, 126TH JUDICIAL DISTRICT

NO. 428,878, HONORABLE JOHN K. DIETZ, JUDGE PRESIDING

We withdraw our original opinion and judgment issued August 13, 1998, and substitute this one in its place. The main issue presented in this appeal is whether an agreed judgment as to liability between a third party and an insured is binding on the insurer. Appellants First General Realty…