Pearson Legal Donates to the SA Food Bank
Pearson Legal PC recently donated $25,000 to the San Antonio Food Bank. The organization's philanthropy coordinator, Julia Greif, said that it will provide 175,000 meals to individuals and families in our community.
In an email to Matthew Pearson, Ms. Greif added "Currently, we are serving more than 100,000 people a week and we know these times aren’t easy for anyone; so your sacrifice and will...
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Pearson Legal, P.C. Breaks 2021 Record
Pearson Legal, P.C. has recently been recognized by Verdict Search for obtaining the largest jury verdict in an insurance case in Texas in 2021. The total jury award exceeded $3.5 million, in the case styled Virtuwave Holdings, LLC v. State Farm Lloyds, in the 429th Judicial District Court in Collin County, Texas.
“Pearson Legal is proud to be recognized for our hard work and success on behalf ...
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Victoria ISD Education Foundation receives single largest gift in Foundation History
VICTORIA, Texas – Pearson Legal awarded Victoria ISD Education Foundation with the single largest gift in Foundation history, totaling $200,000. This award is the single largest gift ever that San Antonio-based Pearson Legal, P.C. has given the district.
Robin Harkey, executive director of the Foundation, released the following statement:
“This tremendous contribution represents a beacon...
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Drawbacks of Obtaining Coverage Through Risk Pools
What is a risk pool?
A risk pool is a method of risk management typically practiced by businesses or governmental entities that come together to create a “pool” to provide financial protection against major catastrophes such as hurricanes, wind and hail damage, or fires. The purpose behind a risk pool is to spread these risks among a large number of contributors to the program in order to ease ...
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Virtuwave Holdings Celebrates Property Damage Jury Verdict
In March 2017, a destructive hailstorm passed through North Texas. Virtuwave Holdings owned a 70,000 square foot mixed-use commercial building in McKinney, Texas that suffered considerable damage from the storm. The building developed multiple leaks within a few days after the storm. Virtuwave reported the damage to its insurance company, State Farm Lloyds.
State Farm’s initial adjuster only in...
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Policyholders’ Rights After Payment of an Appraisal Award
Policyholders may not be aware that their property insurance policy contains an appraisal provision. Insurance companies sometimes use these appraisal provisions to delay the claims process, increase costs for policyholders, or prevent the policyholder from filing lawsuits against them.
Some form of an appraisal provision is in almost every property insurance policy sold in Texas and throughout...
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Four Best Practices for Negotiating a Construction Contract
When you begin negotiating with design professionals and contractors on a construction project, there are several pitfalls you should avoid. Here are four important issues to keep in mind:
1. Avoid arbitration provisions.
“Don’t enter into a contract that contains an arbitration clause for dispute resolution,” advises Pearson Legal, P.C. founder Matthew R. Pearson. “Arbitration is promoted b...
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What is the difference between a statute of limitations and a statute of repose?
If you have problems with a commercial construction project, you must be sure to assert your legal rights timely, or they will be waived. Two critical “deadlines” to keep in mind are the statute of limitations and the statute of repose. There are some key differences between the two, but both are designed to allow the defendant to:
Request proof of injury;
Hire its own inspectors to view t...
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Is Your Home or Business Hurricane-Ready?
Hurricane Laura may have missed most of Texas, but we’re not out of the woods yet. The Atlantic hurricane season lasts through Nov. 30. Is your home or business ready for a natural disaster? Here are some tips to follow.
Know Your Risk
Hurricanes aren’t just a coastal problem. Hurricane damage can happen almost anywhere. A hurricane making landfall at a high speed has the power to move a lon...
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