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?
Tag: Insurance Appraisals
Appraisal: Competent, Disinterested and Impartial. Are appraisers and Umpires Ever Actually Any of the Three?
Michael Buonocore | Property Insurance Coverage Law Blog | January 14, 2019 Recently, I presented at the Professional Public Adjusters Association of New Jersey educational conference on the area of insurance appraisal to roughly 30 public adjusters. During my preparation, I reviewed current and past appraisal provisions contained within standard insurance policies. In my research, I found… Continue reading Appraisal: Competent, Disinterested and Impartial. Are appraisers and Umpires Ever Actually Any of the Three?
Can Appraisal Take Place Over Property That Has Been Demolished?
Erin Dunnavant | Property Insurance Coverage Law Blog | August 7, 2018 Florida’s Federal Middle District believes it can.1 After Hurricane Irma struck its commercial building in Port Charlotte, Florida, building owners Etcetera, Etc, Inc., filed an insurance claim under their policy with Evanston Insurance Company (“Evanston”). Evanston began its investigation, and as that was underway… Continue reading Can Appraisal Take Place Over Property That Has Been Demolished?
When Is “Too Late” for an Insurance Company to Invoke Appraisal?
J. Ryan Fowler | Property Insurance Coverage Law Blog | July 10, 2018 I often take calls from potential clients and public adjusters frustrated with an insurance company that has denied, delayed and then underpaid a claim and then ultimately invoked appraisal. Often the insured or public adjuster states that multiple inspections have taken place… Continue reading When Is “Too Late” for an Insurance Company to Invoke Appraisal?
Court Permits Recovery of Interest on Appraisal Award
Christina Phillips | Property Insurance Coverage Law Blog | July 30, 2017 The Minnesota Supreme Court recently held that Minnesota Statute §549.09 does not require an underlying breach of contractor or actionable wrongdoing to recover preaward interest on an insurance appraisal award in Poehler v. Cincinnati Insurance Company.1 The insured’s home was damaged by a fire,… Continue reading Court Permits Recovery of Interest on Appraisal Award