June 4, 2013 — The Dallas Business Journal reports that the Bickel & Brewer Storefront, the community service affiliate of the Dallas law firm, has reached a settlement on behalf of the American Cancer Society in connection with weather-related losses during the 2012 Cattle Baron's Ball.
The American Cancer Society filed suit against an insurance agency and insurance brokerage firm alleging they "botched" an insurance policy that should have allowed for the collection of $300,000 due to storm-induced losses after heavy rains soaked the event venue.
The report states, "The suit claimed Cattle Baron's Ball organizers wanted and thought they had purchased coverage that would pay if it rained an inch or more between 4 p.m. and midnight on the day of the event at Southfork, which it did. Instead, the rainfall was measured at Collin County Regional Airport in McKinney, more than 12 miles away from the event site, where less than an inch fell."
Terms of the settlement with insurance agency Ragland Strother & Lafitte were not released.