Are Insurers Required to Pay Overhead and Profit for Payments Made on Actual Cash Value Basis?

Kevin Pollack | Property Insurance Coverage Law Blog | May 1, 2017 A recent class action lawsuit filed in Pennsylvania1 raised an issue that policyholder advocates and public adjusters see all over the country – insurers that try to exclude overhead and profit from property damage claim payments made on an actual cash value basis.… Continue reading Are Insurers Required to Pay Overhead and Profit for Payments Made on Actual Cash Value Basis?

Florida’s DFS Mediation Program Needs Help

Nicole Vinson – August 10, 2013 Floridians with residential property damage claims have a right to demand participation in the state mediation program if they have a dispute with their insurance company, but are disputes really getting resolved in these non-binding mediations? The Department of Consumer Services, a section of the Department of Financial Services,… Continue reading Florida’s DFS Mediation Program Needs Help

No Coverage for Property Damage That is Limited to Work Completed By Subcontractor

Tred Eyerly – April 16, 2012 The issue before the 11th Circuit was whether, under Florida law, a general contractor had coverage for a property damage claim limited to the defective work performed by a subcontractor, and not affecting any other portion of the project. The court found no coverage in Amerisure Mut. Ins. Co. v.… Continue reading No Coverage for Property Damage That is Limited to Work Completed By Subcontractor

%d bloggers like this: