Advise & Consult For many of you reading this, the roles of an insurance appraiser and an umpire sound pretty straight forward, but we will see that this isn’t necessarily so. One could say that the appraisers role to be to determine the amount of the loss. Here is what the standard appraisal clause states:… Continue reading The Proper and Ethical Role of an Insurance Appraiser and Umpire
Category: Insurance Appraisal
Florida Appeals Court Reverses Appraisal Ordered In Storm Suit
Tiffany Bustamante O’Quinn and Alycen A. Moss | Property Insurance Law Observer On July 20, 2022, Florida’s Third District Court of Appeal reversed and remanded a trial court’s decision compelling the parties to proceed with appraisal and staying litigation until that appraisal was completed. Florida’s appellate court held that trial court erred in granting the… Continue reading Florida Appeals Court Reverses Appraisal Ordered In Storm Suit
Insurer That Denied Appraisal Can’t Seek Declaration That it Made the Right Choice
Claims Journal If an insurer wants confirmation by a court that an appraisal is inappropriate, it needs to file a request for declaratory judgment before denying the appraisal request, an Illinois appellate panel ruled Monday. A panel with the 3rd District of the Illinois Appellate Court affirmed a county judge’s decision to dismiss a lawsuit filed by… Continue reading Insurer That Denied Appraisal Can’t Seek Declaration That it Made the Right Choice
Insurers Challenging Awards When Appraisers’ ‘Disinterest’ in Question
Claims Journal Insurers created the appraisal process to provide an efficient way to resolve disputes outside of the courtroom using disinterested experts, but lately insurer skepticism about appraiser impartiality has become a new source of litigation. Insurance defense attorneys are increasingly likely to challenge appraisal awards that they believe are tainted by appraisers who are… Continue reading Insurers Challenging Awards When Appraisers’ ‘Disinterest’ in Question
Insurers Challenging Awards When Appraisers’ ‘Disinterest’ in Question
Claims Journal Insurers created the appraisal process to provide an efficient way to resolve disputes outside of the courtroom using disinterested experts, but lately insurer skepticism about appraiser impartiality has become a new source of litigation. Insurance defense attorneys are increasingly likely to challenge appraisal awards that they believe are tainted by appraisers who are… Continue reading Insurers Challenging Awards When Appraisers’ ‘Disinterest’ in Question