Whether labor costs can be depreciated when determining the actual cash value of a covered loss is an issue that comes up frequently for policyholders and those who represent them. I recently researched the issue and was surprised to find the paucity of case decisions across the country that touch on the subject. I know… Continue reading Depreciation of Labor When Calculating Actual Cash Value: The Great Divide
Calculating Actual Cash Value, Part 4: Louisiana
Shane Smith | Property Insurance Coverage Law Blog | January 25, 2015 After attending the 16th Annual Windstorm Insurance Conference in New Orleans this past week along with many of my colleagues, I thought it appropriate to review the calculation of actual cash value in Louisiana. Louisiana courts calculate actual cash value as replacement cost less… Continue reading Calculating Actual Cash Value, Part 4: Louisiana
World’s first 3-D-printed Apartment Building Debuts in China
Justin Scuiletti | PBS | January 20, 2015 A Chinese company has set another world first in 3-D printing living space. WinSun, the company that used 3-D printed materials to aid in constructing 10 houses in a period of 24 hours in March 2014, has constructed the world’s first 3-D printed apartment building. The five-story… Continue reading World’s first 3-D-printed Apartment Building Debuts in China
What Do You Do If The Judge Does Not Like Your Case
R. James Kravitz | Fox Rothschild LLP | January 14, 2015 I recently tried a commercial dispute where the judge expressed a negative view of my client’s case at the outset. She seemed predisposed in favor of my adversary. This was frustrating because I felt confident my clients had been wronged and had meritorious claims.… Continue reading What Do You Do If The Judge Does Not Like Your Case
Suing for Bad Faith gets a Little Easier in Florida
Robert D. Helfand | Carlton Fields Jorden Burt | December 22, 2014 In a ruling that claims merely to clarify a 14-year-old case from the Florida Supreme Court, an appellate court recently held that an insurer may be liable to a statutory claim for bad faith failure to settle, based only on an unfavorable resolution… Continue reading Suing for Bad Faith gets a Little Easier in Florida