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	<title>actual cash value (ACV) Archives - Insurance Journal</title>
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	<title>actual cash value (ACV) Archives - Insurance Journal</title>
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	<item>
		<title>Another Appeals Court Balks at Class Action Over Auto Insurers&#8217; ACV Methods</title>
		<link>https://www.insurancejournal.com/news/southeast/2026/04/28/867453.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Tue, 28 Apr 2026 05:02:50 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[auto insurance]]></category>
		<category><![CDATA[offsets for medicaid]]></category>
		<category><![CDATA[valuations on totaled vehicles]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=867453</guid>

							<description><![CDATA[In another win for auto insurers, a federal appeals last week struck down a proposed class-action lawsuit over the methods carriers use to value totaled vehicles. At least five appellate courts in the last few years have said &#8220;no&#8221; to &#8230;]]></description>
		
		
		
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		<title>Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati</title>
		<link>https://www.insurancejournal.com/news/southeast/2026/03/27/863681.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Fri, 27 Mar 2026 05:01:38 +0000</pubDate>
				<category><![CDATA[Midwest News]]></category>
		<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[107720]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[Cincinnati Insurance Companies (CIC)]]></category>
		<category><![CDATA[commercial property insurance in Kentucky]]></category>
		<category><![CDATA[depreciation disputes]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=863681</guid>

							<description><![CDATA[A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against Cincinnati Casualty Co. The &#8230;]]></description>
		
		
		
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		<item>
		<title>Fannie Mae, Freddie Mac Will Again Accept Actual Cash Value Home Insurance</title>
		<link>https://www.insurancejournal.com/news/national/2026/03/20/862768.htm</link>
		
					<dc:creator><![CDATA[Chad Hemenway]]></dc:creator>
					<pubDate>Fri, 20 Mar 2026 15:41:44 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[Fannie Mae and Freddie Mac insurance requirements]]></category>
		<category><![CDATA[Federal Housing Finance Agency]]></category>
		<category><![CDATA[full replacement cost value]]></category>
		<category><![CDATA[homeowners insurance]]></category>
		<category><![CDATA[Personal Lines]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=862768</guid>

							<description><![CDATA[Insurance industry trade associations are applauding a decision to change the homeowners insurance required by Fannie Mae and Freddie Mac, which the trades said will lower costs for homeowners and buyers. The Federal Housing Finance Agency this week announced the &#8230;]]></description>
		
		
		
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		<item>
		<title>Indiana Church Not Owed Replacement-Cost Payment for Fire Damage</title>
		<link>https://www.insurancejournal.com/news/midwest/2026/03/10/861205.htm</link>
		
					<dc:creator><![CDATA[Ezra Amacher]]></dc:creator>
					<pubDate>Tue, 10 Mar 2026 07:00:39 +0000</pubDate>
				<category><![CDATA[Midwest News]]></category>
		<category><![CDATA[107720]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[Church Mutual]]></category>
		<category><![CDATA[fire damage]]></category>
		<category><![CDATA[insurance litigation]]></category>
		<category><![CDATA[policy language]]></category>
		<category><![CDATA[replacement cost]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=861205</guid>

							<description><![CDATA[An Indiana church seeking payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag. A federal appeals court ruled last week that Church Mutual does not owe replacement-level coverage &#8230;]]></description>
		
		
		
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		<item>
		<title>Appeals Court Nixes Class Actions Against Progressive Over Actual Cash Value</title>
		<link>https://www.insurancejournal.com/news/east/2025/07/08/830720.htm</link>
		
					<dc:creator><![CDATA[Andrew G. Simpson]]></dc:creator>
					<pubDate>Tue, 08 Jul 2025 13:45:23 +0000</pubDate>
				<category><![CDATA[East News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[auto insurance]]></category>
		<category><![CDATA[class action]]></category>
		<category><![CDATA[Mitchell Adjusting International]]></category>
		<category><![CDATA[progressive insurance]]></category>
		<category><![CDATA[total loss claims]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=830720</guid>

							<description><![CDATA[Progressive Insurance will not have to face two class actions by Pennsylvania insureds alleging that the insurer systematically underestimated the actual cash value (ACV) of their totaled vehicles and thus breached its insurance agreements with them under state law. The &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>Homeowners Have Post-Loss Duties Too, Florida Appeals Court Says in HCI Win</title>
		<link>https://www.insurancejournal.com/news/southeast/2025/03/20/816229.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Thu, 20 Mar 2025 05:01:55 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[ACV vs. RCV in insurance policies]]></category>
		<category><![CDATA[Florida insurance litigation]]></category>
		<category><![CDATA[HCI Group]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=816229</guid>

							<description><![CDATA[Florida insurers, often on the receiving end of insureds&#8217; complaints – in the courts and in the news media – may take heart from a new ruling by a Florida appeals court, which draws a bold line under insureds&#8217; responsibilities &#8230;]]></description>
		
		
		
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		<item>
		<title>Progressive Settles New York Case Over Unpaid Sales Taxes on Total Loss Claims</title>
		<link>https://www.insurancejournal.com/news/east/2024/07/10/782582.htm</link>
		
					<dc:creator><![CDATA[Andrew G. Simpson]]></dc:creator>
					<pubDate>Wed, 10 Jul 2024 05:00:45 +0000</pubDate>
				<category><![CDATA[East News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[auto insurance claims]]></category>
		<category><![CDATA[progressive insurance]]></category>
		<category><![CDATA[sales tax]]></category>
		<category><![CDATA[total loss claims]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=782582</guid>

							<description><![CDATA[At the same time it is settling a New York class action about underpaying totaled loss claims for $48 million, Progressive Insurance, in a separate case, has agreed to an $18.3 million settlement over allegations that its carriers failed to &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims</title>
		<link>https://www.insurancejournal.com/news/east/2024/07/05/782418.htm</link>
		
					<dc:creator><![CDATA[Andrew G. Simpson]]></dc:creator>
					<pubDate>Fri, 05 Jul 2024 11:00:47 +0000</pubDate>
				<category><![CDATA[East News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[mitchell claims software]]></category>
		<category><![CDATA[Mitchell International]]></category>
		<category><![CDATA[Progressive]]></category>
		<category><![CDATA[total loss]]></category>
		<category><![CDATA[WorkCenter Total Loss]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=782418</guid>

							<description><![CDATA[Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the insurer underpaid their total loss claims on their vehicles. The $48 million represents approximately 54% of the compensatory damages alleged &#8230;]]></description>
		
		
		
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		<item>
		<title>Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance</title>
		<link>https://www.insurancejournal.com/news/national/2024/05/09/773542.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Thu, 09 May 2024 05:01:56 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[ACV endorsements on roofs]]></category>
		<category><![CDATA[Fannie Mae and Freddie Mac insurance requirements]]></category>
		<category><![CDATA[roof replacement issues]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=773542</guid>

							<description><![CDATA[Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent plan to scrutinize mortgages on homes that don&#8217;t carry full replacement-value insurance coverage. The decision by Fannie and Freddie to &#8230;]]></description>
		
		
		
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		<item>
		<title>Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes</title>
		<link>https://www.insurancejournal.com/news/southeast/2024/05/07/773103.htm</link>
		
					<dc:creator><![CDATA[William Rabb]]></dc:creator>
					<pubDate>Tue, 07 May 2024 05:01:18 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Federal Housing Finance Agency]]></category>
		<category><![CDATA[Freddie mac]]></category>
		<category><![CDATA[homeowners insurance]]></category>
		<category><![CDATA[replacement value in homeowner policies]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=773103</guid>

							<description><![CDATA[An updated guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry&#8217;s move toward actual cash value for more homeowners and condo coverage. A Fannie Mae spokesperson said the government-backed mortgage corporation, which supports &#8230;]]></description>
		
		
		
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		<item>
		<title>Florida Trial Lawyer State Rep Offers Condo ACV Bill as a Solution to Costs</title>
		<link>https://www.insurancejournal.com/news/southeast/2023/12/12/751727.htm</link>
		
					<dc:creator><![CDATA[Admin]]></dc:creator>
					<pubDate>Tue, 12 Dec 2023 16:23:12 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[condominium insurance]]></category>
		<category><![CDATA[Florida property insurance crisis]]></category>
		<category><![CDATA[surfside condo collapse]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=751727</guid>

							<description><![CDATA[A bill introduced by a Democrat and trial attorney would take a step toward something that property insurers have longed for in recent years – actual cash value coverage on roofs, at least condominium roofs. State Rep. Hillary Cassel, D-Dania &#8230;]]></description>
		
		
		
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		<item>
		<title>Viewpoint: Actual Cash Value on Roof Claims a Fairer, Simpler Way to Pay</title>
		<link>https://www.insurancejournal.com/news/southeast/2023/05/25/722134.htm</link>
		
				<pubDate>Thu, 25 May 2023 05:01:56 +0000</pubDate>
				<category><![CDATA[Southeast News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[florida insurance crisis]]></category>
		<category><![CDATA[Roof claims]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=722134</guid>

							<description><![CDATA[In the May 15, 2023 Insurance Journal, independent adjuster Ben Mandell shared an opinion that Florida insurance policies have &#8220;one glaring endorsement that is missing&#8221; – roof endorsements that could have &#8220;eliminated or greatly minimized&#8221; Florida&#8217;s insurance crises. He argues &#8230;]]></description>
		
		
		
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		<item>
		<title>Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments</title>
		<link>https://www.insurancejournal.com/news/national/2023/02/16/708211.htm</link>
		
					<dc:creator><![CDATA[Andrew G. Simpson]]></dc:creator>
					<pubDate>Thu, 16 Feb 2023 15:19:55 +0000</pubDate>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[property claims]]></category>
		<category><![CDATA[replacement cost]]></category>
		<category><![CDATA[Trumbull Insurance]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=708211</guid>

							<description><![CDATA[Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against the insurer, alleging Trumbull has been incorrectly calculating some property claim payments by deducting labor depreciation. The complaint (Grawe v &#8230;]]></description>
		
		
		
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		<item>
		<title>RCV, ACV Policy Changes Are Coming, Texas Windstorm Insurer Says</title>
		<link>https://www.insurancejournal.com/news/southcentral/2019/09/26/541253.htm</link>
		
				<pubDate>Thu, 26 Sep 2019 05:46:47 +0000</pubDate>
				<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[texas windstorm insurance association]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=541253</guid>

							<description><![CDATA[The Texas Windstorm Insurance Association is alerting agents about an important, upcoming change to the policy conditions that determine how covered losses are settled. Current law says the type of loss settlement — replacement cost value (RCV) vs. actual cash &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market</title>
		<link>https://www.insurancejournal.com/news/southcentral/2019/03/15/520821.htm</link>
		
					<dc:creator><![CDATA[Stephanie K. Jones]]></dc:creator>
					<pubDate>Fri, 15 Mar 2019 16:36:53 +0000</pubDate>
				<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[independent insurance agents of texas]]></category>
		<category><![CDATA[personal flood policy]]></category>
		<category><![CDATA[rate hikes]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=520821</guid>

							<description><![CDATA[Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year. Homeowners insurers have been filing for rate increases in the state over the past &#8230;]]></description>
		
		
		
			</item>
		<item>
		<title>No Depreciation of Labor in ACV Claim, Arkansas High Court Says</title>
		<link>https://www.insurancejournal.com/news/southcentral/2015/12/14/391764.htm</link>
		
				<pubDate>Mon, 14 Dec 2015 17:19:19 +0000</pubDate>
				<category><![CDATA[Texas / South Central News]]></category>
		<category><![CDATA[actual cash value (ACV)]]></category>
		<category><![CDATA[Arkansas Supreme Court]]></category>
		<guid isPermaLink="false">https://www.insurancejournal.com/?p=391764</guid>

							<description><![CDATA[An insurer can&#8217;t depreciate labor in calculating the actual cash value (ACV) of an insured property in the event of a covered loss, Arkansas high court justices have determined. In an opinion delivered on Dec. 10, 2015, the Arkansas Supreme &#8230;]]></description>
		
		
		
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