It was the largest damage award in insurance appraisal history. Then it collapsed. The case could have ripple effects across the industry, reshaping how appraisals are conducted and challenged. The ...
Policyholders, don’t lose track of the appraisal provision in your insurance policies. At least that is what the panel in 50 Exch. Terrace LLC v. Mt. Vernon Specialty Ins. Co. seemed to be saying.
James C. Larew is a lawyer in Iowa City and Des Moines. “If it ain’t broke, don’t fix it.” Tragic tornadoes ripping through south-central Iowa on March 5, 2022, resulting in loss of life and property ...
The Iowa Supreme Court recently reversed the appellate court’s denial of an insurer’s motion for a directed verdict, finding that United Fire did not breach the insurance policy and did not commit bad ...
For the past five years, I have been actively promoting that agents and advisors should suggest life insurance policy appraisals to clients. I speak with financial professionals all around the country ...
When insurance companies and repair shops can’t agree, it’s often the driver who loses. And as a key consumer protection quietly disappears from some auto policies, that problem could get even worse.