Christina Phillips | Property Insurance Coverage Law Blog | June 25, 2019 I recently had a public adjuster reach out to me asking me how pre-award interest on an appraisal award was calculated. Coincidently, in Creekview of Hugo Association v. Owners Insurance Company,1 the United States District Court for the District of Minnesota recently addressed the application of… Continue reading When Does Pre-Award Interest Begin to Run on an Appraisal Award?
Tag: Insurance Appraisals
Delayed Insurance Payment? Texas Does Not Allow Insurers To Profit From Nonpayment During Appraisal
Chip Merlin | Property Insurance Coverage Law Blog | June 29, 2019 Rene Sigman of Merlin Law Group’s Houston office was getting some pretty good results for clients this week when she sent me a Texas Supreme Court appraisal case which makes delaying insurers more accountable for inaccurate or plain wrongful estimates of the benefits owed to policyholders. All… Continue reading Delayed Insurance Payment? Texas Does Not Allow Insurers To Profit From Nonpayment During Appraisal
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
Eleventh Circuit Holds Attorneys’ Fees Are Not Warranted Where Policyholder Filed Suit Instead of Undergoing Appraisal
Chad A. Pasternack | Property Insurance Law Observer | April 23, 2019 The Eleventh Circuit, in J.P.F.D. Investment Corp. v. United Specialty Insurance Co., recently affirmed a district court’s denial of statutory attorneys’ fees to a policyholder that, to resolve a disagreement over the amount of loss, filed suit against its insurer instead of participating in appraisal.[1] In… Continue reading Eleventh Circuit Holds Attorneys’ Fees Are Not Warranted Where Policyholder Filed Suit Instead of Undergoing Appraisal
After an Appraisal Award is Signed, Can One Side Unilaterally Change It?
J. Ryan Fowler | Property Insurance Coverage Law Blog | April 2, 2019 With appraisal becoming more popular in first-party insurance cases, I often get asked: When is the appraisal completed? As most answers for a first party insurance case – it depends on the policy. Recently a Federal District Court in Florida was asked to determine… Continue reading After an Appraisal Award is Signed, Can One Side Unilaterally Change It?