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Delayed Insurance Appraisals? Do Insurance Companies Have Good Faith Duties to Make Sure Their Appraisers Do Not Delay Appraisals? | Property Insurance Coverage Law Blog

April 16, 2024 Policyholders dealing with property damage expect insurance claims to be handled fairly and efficiently. Yet, the reality,.. Read More

What Causes Bad Faith Claims Practices? One Reason Is Financial Incentives and Goals | Property Insurance Coverage Law Blog

April 15, 2024 Insurance company employer goals, which are supported by financial bonus and incentive programs to claims managers and,.. Read More

What Is Recoverable Depreciation in Insurance Law?

Recoverable depreciation is the difference between Actual Cash Value (ACV) and Replacement Cost Value (RCV) in insurance, but read on,.. Read More

The Bad Faith Claim Practice Scheme of AttritionDelay and Make Them Sue to Get Full Payment | Property Insurance Coverage Law Blog

April 13, 2024 AIG’s subsidiary is back in trial on another bad faith case for failing to pay a wealthy,.. Read More

What Is the Lead Underwriter When Dealing with Lloyds? What Is the Significance When a Claim Is Presented? | Property Insurance Coverage Law Blog

April 10, 2024 The term "lead underwriter" when dealing with Lloyd's of London carries a distinct significance due to the,.. Read More

What Does Physical Loss Mean in Kentucky? Can Temporary Delay Constitute Physical Loss? | Property Insurance Coverage Law Blog

April 9, 2024 Under Kentucky law, as interpreted in Century Aluminum Company v. Certain Underwriters at Lloyd's, 1 "physical loss",.. Read More

Take The Deductible From the Loss and Not the Coverage Limit | Property Insurance Coverage Law Blog

April 8, 2024 Do you ever read or see something, and a secondary issue pops up that just seems wrong?,.. Read More