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Appraisal Depreciation

BakerHostetler

Insurance Class Action Update - 2023 Q1

BakerHostetler on

This year began like the last one ended, with lots of activity. Total loss class actions kept going around the country, and labor depreciation class actions experienced ups and downs, depending on one’s viewpoint. New class...more

Dickinson Wright

Beware of the Overstated Service Life in the Cost Approach

Dickinson Wright on

The cost approach requires the identity and quantification of three types of obsolescence – physical, functional and economic. Assessors frequently account only for physical depreciation (although some assessors/appraisers...more

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