Shaun Marker – August 30, 2014 On several occasions the following insurance industry argument has been addressed on this blog: the insurance company argues that since a claim proceeded to the contractual alternative dispute resolution process of appraisal and that it paid the award amount, there cannot be a bad faith case brought against it… Continue reading In Florida, an Appraisal Award May Be a Final Determination of Liability For a Bad Faith Case
Tag: insurance appraisal
Who Decides Whether A Claim Involves A Total Loss
Kenneth Kan – April 2, 2013 Question: Who decides whether a claim involves a total loss? A. The policyholder B. The insurance company C. An appraisal panel D. The court E. None of the above If you answered “D,” you are correct. Recently, the Supreme Court of Minnesota addressed this very question. In the case… Continue reading Who Decides Whether A Claim Involves A Total Loss
Appraisal in Flood Claims
Robert Trautmann – February 19, 2013 A topic of much debate after Hurricane Sandy is the appropriateness of appraisal when property owners and their carrier do not agree. Can appraisal address scope (coverage) as well as price? While this area of the law is still developing, courts are unfortunately leaning to a restricted interpretation of… Continue reading Appraisal in Flood Claims
Insurance Appraisal as an Insurance Claim Dispute Resolution Tool
By Eugene Peterson – March 5, 2012 Over the past few months, I have been amazed, even surprised to learn that many legal professionals are totally unaware of an alternative method of dispute resolution for insurance property claims, when the adjuster and the insured cannot come to agreement. We all know of arbitrations, mediations and… Continue reading Insurance Appraisal as an Insurance Claim Dispute Resolution Tool