The Florida Third District Court of Appeal recently ruled that an insurer did not waive its right to appraisal after choosing to cover only part of a property damage loss claimed by its insured. The case, People’s Tr. Ins....more
Various homeowner’s insurance policies contain an appraisal clause that a carrier or insured may invoke in situations where there is a dispute in damages between the parties. ...more
A familiar dispute between a carrier and a third party involves the third party’s attacking the language of the insurance contract and arguing in favor of an interpretation not reflected by the plain meaning of the text. But...more
2/18/2020
/ Asset Recovery ,
Auto Insurance ,
Automotive Loans ,
Breach of Contract ,
Car Accident ,
Consumer Financial Products ,
Consumer Lenders ,
Duty to Protect ,
Insurable Interests ,
Insurance Claims ,
Insurance Litigation ,
Lease Financing ,
Lienholders ,
Loss Payee ,
Policy Terms ,
Progressive Casualty Insurance Company ,
Property Damage ,
Repairs ,
Summary Judgment ,
Third-Party Beneficiaries