Advise & Consult, Inc. It seems that some new property insurance policy forms may require additional criteria for determining the qualifications of appraisers and umpires. Here are some details from State Farm’s new California property insurance policy: f. To qualify as an appraiser or umpire for a loss to property described in COVERAGE A –… Continue reading New Policy Forms May Call For Umpire and Appraiser Credentials
Category: Insurance Appraisal
Demanding Insurance Appraisal in a Timely Manner
Advise & Consult, Inc. Insurance appraisal is becoming a more and more popular alternative dispute resolution option concerning the amount of a covered loss. However, while appraisal clauses are often included in property insurance policies, there is rarely given a specific time period in which the property owner must demand appraisal. Courts are repeatedly being… Continue reading Demanding Insurance Appraisal in a Timely Manner
Alternative Dispute Resolution: Mediation, Arbitration, and Appraisal
Tom Oster | Harris Bricken Over the years, “Alternative Dispute Resolution” (ADR) has become more and more prevelant in both contract drafting as well as litigation. Far from being an “alternative,” most disputes at some point will involve some degree of ADR, whether required by contract, by the courts, or driven by the costs of… Continue reading Alternative Dispute Resolution: Mediation, Arbitration, and Appraisal
No Expectation of Privacy for Representative of Insurance Company Performing an Appraisal
Denise Marra DePekary and Kenneth Sharperson | Weber Gallagher Simpson Stapleton Fires & Newby Sometimes there is a disagreement between an insurer and an insured regarding the valuation of a property damage claim. To resolve these disputes, many homeowners and commercial property insurance policies contain appraisal provisions that provide an option for the insured or… Continue reading No Expectation of Privacy for Representative of Insurance Company Performing an Appraisal
Florida Appellate Court Holds Insurer Does Not Waive Coverage Position By Invoking Appraisal
Brennah S. Toomey | Phelps Dunbar A Florida appellate court held that the trial court erred in entering final judgment enforcing an appraisal award that included damages excluded under the insureds’ policy. State Farm Fla. Ins. Co. v. Orlinda Gonzales and Harmodio Diaz, No. 2D20-1268, 46 Fla. L. Weekly D2168a, 2021 Fla. App. LEXIS 13541 (Fla.… Continue reading Florida Appellate Court Holds Insurer Does Not Waive Coverage Position By Invoking Appraisal