Iris Kuhn | Property Insurance Coverage Law Blog | March 23, 2019 The purpose of Section 627.7015, Florida Statutes titled “Alternative procedure for resolution of disputed property insurance claims” is to encourage insurance companies and policyholders to resolve their disagreements regarding disputed property insurance claims without the necessity of litigation or appraisal. The statute requires, in part:… Continue reading Can An Insurer Waive Its Right to Appraisal?
Category: Insurance Appraisal
Is A Licensed Public Adjuster Disqualified To Act As An Appraiser For Somebody Other Than A Policyholder?
Chip Merlin | Property Insurance Coverage Law Blog | March 16, 2019 Public adjuster Stephanie Lee approached me at the Win The Storm conference with an intriguing question—could she be appointed by a contractor holding an Assignment of Claim as the contractor’s appraiser in an appraisal? My first thought, and I bet it is the same thought… Continue reading Is A Licensed Public Adjuster Disqualified To Act As An Appraiser For Somebody Other Than A Policyholder?
Arbitration Is an Increasing Trend Found Within Property Insurance Policies, and Arbitration is Not Appraisal
Chip Merlin | Property Insurance Coverage Law Blog | January 15, 2019 The photograph above depicts the Merlin Law Group “War Room” during a week-long arbitration last week. Michael Duffy, Ian Dankelman, Eric Dickey, and Kelly Kubiak were the winning Merlin Law Group team obtaining a $3.1 million award on Saturday. What a way to start off the year!… Continue reading Arbitration Is an Increasing Trend Found Within Property Insurance Policies, and Arbitration is Not Appraisal
Appraisal: Competent, Disinterested and Impartial. Are appraisers and Umpires Ever Actually Any of the Three?
Michael Buonocore | Property Insurance Coverage Law Blog | January 14, 2019 Recently, I presented at the Professional Public Adjusters Association of New Jersey educational conference on the area of insurance appraisal to roughly 30 public adjusters. During my preparation, I reviewed current and past appraisal provisions contained within standard insurance policies. In my research, I found… Continue reading Appraisal: Competent, Disinterested and Impartial. Are appraisers and Umpires Ever Actually Any of the Three?
Subsequent Claims for Items Not Considered by Appraisal Panel
Jonathan Bukowski | Property Insurance Coverage Law Blog | January 12, 2019 Appraisal provisions in property insurance policies are intended to provide an alternative dispute resolution process for resolving property insurance claim disputes involving the amount of loss. The amount awarded by the appraisal panel is, with limited exceptions, binding on both parties under the… Continue reading Subsequent Claims for Items Not Considered by Appraisal Panel