Barry Zalma | Zalma on Insurance | February 5, 2016 When the Supreme Court of the state of Georgia decided State Farm Mutual Automobile Insurance Co. v. Mabry, 274 Ga. 498, 556 S.E.2d 114 (Ga. 11/28/2001) it opened the door to litigation against insurers who determined actual cash value losses by determining full replacement cost… Continue reading Claim of Future Injury Not Basis For Declaratory Relief
Tag: Diminution of Value
Damages Issues in New Jersey – Is Diminution of Value Available to New Jersey Property Owners?
Robert Trautman – February 26, 2013 A reader asked whether New Jersey permits diminution in value claims for real property. The question was prompted by a recent Georgia Supreme Court opinion 1 recognizing such claims. Essentially, diminution in value claims allow property owners to recover benefits exceeding the actual costs of repair if a property’s value… Continue reading Damages Issues in New Jersey – Is Diminution of Value Available to New Jersey Property Owners?