Brianna Sacks | Washington Post A Washington Post investigation has found that some policyholders had their claims cut by more than 80 percent When insurance adjuster Jordan Lee entered the cream-colored house battered by Hurricane Ian, the smell from the rain-soaked carpet made it hard to breathe. Piles of pink insulation covered the worn, white… Continue reading Insurers Slashed Hurricane Ian Payouts Far Below Damage Estimates, Documents and Insiders Reveal
Lian Skaf | The Subrogation Strategist In Ace American Insurance Company, et. al. v. Toledo Engineering Co., Inc., et. al., No. 18-11503, 2023 U.S. Dist. LEXIS 15222 (Ace American), the United States District Court for the Eastern District of Michigan determined whether insurers could pursue their subrogation claims against the defendants despite a waiver of subrogation in… Continue reading Michigan Court Waives Goodbye to Subrogation Claims Except as to Gross Negligence
Tred R. Eyerly | Insurance Law Hawaii The court denied the insured’s motion to dismiss after the insurer filed suit to compel an appraisal. Allied Trust Ins. Co. v. Tsang, 2023 U.S. Dist. LEXIS 352 (E.D. La. Jan. 3, 2023). The insureds reported damage to their property arising from Hurricane Ida. The… Continue reading Court Denies Insured’s Motion to Dismiss Complaint Seeking to Compel Appraisal
Kevin B. Dreher, Caroline Upton and Charles P. Edwards | Barnes & Thornburg Highlights The Florida Supreme Court reviewed whether an appraiser who entered into a contingency agreement with an insured homeowner can be considered “disinterested” under the terms of the policy Policyholders may wind up inadvertently punished for using industry standard contracts and risk… Continue reading Florida Policyholders Face New Hurdles In Dealing With The Appraisal Process
William Rabb | Insurance Journal A public adjuster that has been vilified by insurers for disrupting and delaying property inspections could soon be suspended for two years following a recommended order by an administrative law judge. But state regulators’ recommendations in the case have raised new and potentially far-reaching questions about whether appraisers must be… Continue reading Judge Wants Fla. Adjuster Suspended, But Question Arises: Must Appraisers Be Licensed?