Texas Insurer Sues Hinshaw & Culbertson for Alleged Negligence in Multimillion-Dollar Trial Verdict

In a recent legal move, Texas Insurance Co. has initiated a lawsuit against the law firm Hinshaw & Culbertson LLP and a partner in a California state court. The insurer alleges that the firm failed to properly advise them about the potential liability they faced in connection with an $11.15 million verdict arising from a personal injury case. This case underscores the critical importance of precise legal counsel in managing liability risks in substantial financial verdicts. For more detailed information, the legal community can find further specifics about this case in Law360’s coverage here.