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Current as of January 01, 2024 | Updated by Findlaw Staff
A settlement offer made by a person against whom a claim under this subchapter is pending must include an offer to pay the following amounts, separately stated:
(1) an amount of money or other consideration, reduced to its cash value, as settlement of the claim for damages; and
(2) an amount of money to compensate the claimant for the claimant's reasonable and necessary attorney's fees incurred as of the date of the offer.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 541.157. Contents of Settlement Offer - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-541-157/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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