Republic Underwriters Insurance Co., Petitioner v. Mex-Tex, Inc., Respondent

Summary

The Texas Supreme Court held that Republic Underwriters breached its policy by refusing to pay the cost of a comparable replacement roof and that the statutory delay penalty under Article 21.55 applies only to the $33,540 difference between the partial payment tendered and the full claim amount. The Court reversed the Court of Appeals and remanded for judgment consistent with these holdings.