Court Permits Recovery of Interest on Appraisal Award

Christina Phillips | Property Insurance Coverage Law Blog | July 30, 2017 The Minnesota Supreme Court recently held that Minnesota Statute §549.09 does not require an underlying breach of contractor or actionable wrongdoing to recover preaward interest on an insurance appraisal award in Poehler v. Cincinnati Insurance Company.1 The insured’s home was damaged by a fire,… Continue reading Court Permits Recovery of Interest on Appraisal Award

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