Viewpoint: Actual Cash Value on Roof Claims a Fairer, Simpler Way to Pay May 25, 2023 In the May 15, 2023 Insurance Journal, independent adjuster Ben Mandell shared an opinion that Florida insurance policies have “one...
Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments February 16, 2023 By Andrew G. Simpson Two Trumbull Insurance customers who believe they were short-changed on claims payments have filed a proposed class action suit against...
RCV, ACV Policy Changes Are Coming, Texas Windstorm Insurer Says September 26, 2019 The Texas Windstorm Insurance Association is alerting agents about an important, upcoming change to the policy conditions that determine how...
New Forms, Rate Hikes Likely in 2019 Texas Homeowners Insurance Market March 15, 2019 By Stephanie K. Jones Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could...
No Depreciation of Labor in ACV Claim, Arkansas High Court Says December 14, 2015 An insurer can’t depreciate labor in calculating the actual cash value (ACV) of an insured property in the event of...