Recent Michigan Court Ruling Reinforces Importance of Providing Prompt “Proof of Loss”

Aaron F. Jaroff and Stephen G. Foresta | McGuireWoods In several states, an insured that prevails in a coverage dispute against its insurer is entitled to statutory “penalty interest” added to the amount owed by the insurer.  A June 8, 2022 decision from the United States District Court for the Western District of Michigan illustrates… Continue reading Recent Michigan Court Ruling Reinforces Importance of Providing Prompt “Proof of Loss”

%d bloggers like this: