William Rabb | Insurance Journal A public adjuster that has been vilified by insurers for disrupting and delaying property inspections could soon be suspended for two years following a recommended order by an administrative law judge. But state regulators’ recommendations in the case have raised new and potentially far-reaching questions about whether appraisers must be… Continue reading Judge Wants Fla. Adjuster Suspended, But Question Arises: Must Appraisers Be Licensed?
Tag: Insurance Appraisals
Florida Supreme Court Holds That a Public Adjuster With Pecuniary Interest Cannot Qualify as a “Disinterested” Appraiser for Homeowner
Novera H. Ahmad | PropertyCasualtyFocus In Parrish v. State Farm Fla. Ins. Co., the Florida Supreme Court settled a conflict between two appellate courts, holding that a public adjuster, including the president of a public adjusting company, cannot serve as a “disinterested” appraiser if they have a pecuniary interest in the outcome of the appraisal. Background… Continue reading Florida Supreme Court Holds That a Public Adjuster With Pecuniary Interest Cannot Qualify as a “Disinterested” Appraiser for Homeowner
Public Adjusters Can’t Also Be Appraisers on the Claim, Florida Supreme Court Finds
Jim Sams | Insurance Journal A public adjuster cannot act as an appraiser for a homeowner they represent when the insurance policy specifies that the appraiser must be “disinterested,” the Florida Supreme Court ruled Thursday. The high court affirmed a 2nd District Court of Appeal decision in a lawsuit filed by Jon Douglas Parrish against State Farm… Continue reading Public Adjusters Can’t Also Be Appraisers on the Claim, Florida Supreme Court Finds
Superior Court – Property Insurance Appraisal
Joseph R. Ciollo | Morrison Mahoney In Kellogg v. Middlesex Assurance Company, the plaintiff was the owner of an historic property that was insured through a restorationist policy issued by the defendant insurer. In 2010, the property was damaged when a four and one-half ton tree fell onto the roof and chimney during a storm. After… Continue reading Superior Court – Property Insurance Appraisal
Viewpoint: Tenth Circuit Court of Appeals Finds Policy Appraisal Clause Allows Causation Determinations
Jordan R. Plitt | Claims Journal In BonBeck Parker, LLC v. Travelers Indemnity Co. of America, 14 F.4th 1169 (10th Circ. 2021) the Court held that the Travelers’ policy permitted either party to request an appraisal on “the amount of loss,” which was a phrase with an ordinary meaning in the insurance context that unambiguously encompassed causation disputes.… Continue reading Viewpoint: Tenth Circuit Court of Appeals Finds Policy Appraisal Clause Allows Causation Determinations