Christina Phillips | Property Insurance Coverage Law Blog | September 3, 2019 Dewey Hill owned eight townhome buildings in Minnesota insured by Auto-Owners.1 On August 16, 2013, a hail and windstorm damaged the buildings. Three days later, Dewey Hill notified Auto-Owners of the loss and submitted written property loss notices ten days later. Auto-Owners investigated the… Continue reading Insured’s Prejudgment Interest Award Runs From Date Appraisal Was Demanded
Tag: Appraisal
Be Sure To Clearly Define The Grounds For Disqualifying An Independent Appraisal Because The Court May Not Do It For You
Gregory S. Paonessa |Burns & Levinson | May 29, 2019 It is not uncommon for parties entering into an agreement to transfer an asset to seek the input of an independent, third-party appraiser. Plainly, the parties to any such transaction desire an appraiser who will be unbiased and will not have any conflicts of interest.… Continue reading Be Sure To Clearly Define The Grounds For Disqualifying An Independent Appraisal Because The Court May Not Do It For You
What Baseball Has Taught Me About The Insurance Appraisal Process
Ryan Hutson | Butler Weihmuller Katz Craig LLP | May 10, 2019 Anyone who has ever watched baseball knows that umpires sometimes make an incorrect call. In appraisal of a property insurance claim, sometimes the umpire can make a mistake as well. Just as in baseball, yelling and kicking dirt on the umpire’s proverbial home… Continue reading What Baseball Has Taught Me About The Insurance Appraisal Process
Arbitration Is an Increasing Trend Found Within Property Insurance Policies, and Arbitration is Not Appraisal
Chip Merlin | Property Insurance Coverage Law Blog | January 15, 2019 The photograph above depicts the Merlin Law Group “War Room” during a week-long arbitration last week. Michael Duffy, Ian Dankelman, Eric Dickey, and Kelly Kubiak were the winning Merlin Law Group team obtaining a $3.1 million award on Saturday. What a way to start off the year!… Continue reading Arbitration Is an Increasing Trend Found Within Property Insurance Policies, and Arbitration is Not Appraisal
Subsequent Claims for Items Not Considered by Appraisal Panel
Jonathan Bukowski | Property Insurance Coverage Law Blog | January 12, 2019 Appraisal provisions in property insurance policies are intended to provide an alternative dispute resolution process for resolving property insurance claim disputes involving the amount of loss. The amount awarded by the appraisal panel is, with limited exceptions, binding on both parties under the… Continue reading Subsequent Claims for Items Not Considered by Appraisal Panel