Navigating Florida’s Valued Policy Law–What Is A Total Loss?

Shaun Marker – January 27, 2014 Last week we started a discussion on Florida’s Valued Policy Law.1 Florida’s Valued Policy Law has many intricacies; too many to discuss in a single post. We will be looking at a few of the statute’s interesting parts in the next few weeks. Hopefully these discussions will cover areas… Continue reading Navigating Florida’s Valued Policy Law–What Is A Total Loss?

An Introduction to Arizona First-Party Bad Faith

Ashley Smith – January 15, 2014 In Arizona, insurance contracts include an implied covenant of good faith and fair dealing requiring the insurer to refrain from any conduct that would impair the benefits or rights expected from the insurance contract.1 Interestingly, unlike many other jurisdictions, the insured is not required to prevail on the breach… Continue reading An Introduction to Arizona First-Party Bad Faith

Construction Defect Ruling in California Creates Uncertainty, Claims AxisPointe CEO

Digital Journal – January 14, 2014 On Dec. 18 the California Supreme Court denied a motion to hear Brookfield’s appeal regarding the Fourth Circuit ruling in Liberty v. Brookfield Homes. The court, in the case of Liberty Mutual Ins. Co. v. Brookfield Crystal Cove LLC (Cal.App. 4 Dist., Case No. G046731, August 28, 2013) effectively… Continue reading Construction Defect Ruling in California Creates Uncertainty, Claims AxisPointe CEO

Navigating Florida’s Valued Policy Law–Partial Loss By Fire Or Lightning

Shaun Marker – January 20, 2014 Several states have valued policy laws (“VPL”) that address situations when policyholders should be paid policy limits for total losses. I have recently had discussions with several experienced adjusters encountering unique circumstances involving Florida’s VPL. As I mentioned to them, it is amazing how you can practice for years in… Continue reading Navigating Florida’s Valued Policy Law–Partial Loss By Fire Or Lightning

%d bloggers like this: