Sarah Parker wrote me, forwarding a quick reading blog, Liberty Mutual to Refund $7.7 Million in Consent Order: What Minnesota Policyholders Need to Know. I believe she sent it to me because of my recent post, Liberty, Liberty, Li-ber-ty.
Mark on your calendar: October 24, 2023, at 2:45 pm CST. This is when the three insurance company trade organizations said something favorable about public insurance adjusters in an Amicus Brief1 filed by Steve Badger on behalf of the American
Hurricane Irma struck over six years ago. A policyholder who could not obtain a fair recovery took the alternative to litigation by invoking appraisal. Little did the policyholder know that the insurance company would make a federal case out of
Last night, the Florida Association of Public Insurance Adjusters (FAPIA) threw a costume party that was a hit! My partner, the stunning Donice Krueger, and I dressed up as Doug and Limu the Emu from Liberty Mutual’s commercials. Speaking of
The Florida Association of Public Insurance Adjusters (FAPIA) recently celebrated its 30th Anniversary with a splendid gala. The event honored several prominent policyholder advocates, including Amy Bach from United Policyholders, Doug Quinn of the American Policyholders Association, and
As we approach the 24-month milestone from the catastrophic Marshall Fires on December 30, 2021, many property owners face the imminent expiration of their Additional Living Expenses (ALE) coverage.
The concept of actual cash value in relation to indemnity is an important study for anybody analyzing what is owed under a property insurance policy. This post follows yesterday’s discussion about the Indiana Supreme Court case,1 noted in What Does Indemnity
What does it mean when we say that a property insurance policy is a contract of indemnity? This phrase was often mentioned when older cases analyzed the term “actual cash value.” The concept seems to get lost with the marketing of replacement
The term “actual cash value” is a nebulous term. There are many disagreements about what it means. I suggest that is why many states follow the “broad evidence rule,” which allows many measures to be considered when determining the result.
A Colorado public adjuster asked me a question about replacement cost coverage. The question had to do with a remodeling of the structure rather than spending money only on damaged items.
