Christina Phillips | Property Insurance Coverage Law Blog | August 9, 2017 I recently wrote about the case of Poehler v. Cincinnait Insurance Company,1 in which the Minnesota Supreme Court recently held that Minnesota Statute section 549.09 provides for pre-interest on insurance appraisal awards. Following this decision, the Eighth Circuit Court of Appeals in Housing and Redevelopment Authority of Redwood… Continue reading Eighth Circuit Agrees: Pre-Award Interest on Appraisal Award is Appropriate
Category: Insurance Appraisal
Court Permits Recovery of Interest on Appraisal Award
Christina Phillips | Property Insurance Coverage Law Blog | July 30, 2017 The Minnesota Supreme Court recently held that Minnesota Statute §549.09 does not require an underlying breach of contractor or actionable wrongdoing to recover preaward interest on an insurance appraisal award in Poehler v. Cincinnati Insurance Company.1 The insured’s home was damaged by a fire,… Continue reading Court Permits Recovery of Interest on Appraisal Award