5th Circuit Rejects Class-Action Suit that Alleged Autosource Software Undervalued Total Loss Claims December 28, 2023 By Claims Journal staff A federal appellate court reversed a trial court’s decision to certify a class of plaintiffs in a lawsuit that alleged...
Fla. State Rep. Introduces Bill to Limit Condo Coverage to Actual Cash Value December 12, 2023 By William Rabb A bill introduced by a Democrat and trial attorney would take a step toward something that property insurers have longed...
Viewpoint: Defining the Doctrine of Prevention in Texas July 27, 2023 By Todd M. Tippett and Mariana Best Property insurance claims involving disputes about whether the insured is entitled to replacement cost value (RCV) typically involve whether the...
Divided Appellate Panel Upholds Total Loss Valuations Using CCC Software July 6, 2023 By Jim Sams An insurer that used CCC Intelligent Solutions software to determine the payout for a claimant’s vehicle did not violate a...
Insurer Faces Class Action for Depreciating Labor in Actual Cash Value Payments March 2, 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...
Viewpoint: Courts Split on Labor Cost Depreciation Impact on Actual Cash Value August 12, 2022 By Jordan R. Plitt Courts are split on the question of whether it is permissible to depreciate labor costs when determining actual cash value...
Appraisals, Water Damage Fraud Among ‘New Normals’ Discussed at PLRB April 5, 2022 By Jim Sams SAN ANTONIO, Texas — The use of appraisals to resolve insurance claims disputes is the new normal, even though insurers...
Property Insurance Reform Bill Dies as Fla. Legislative Session Draws to a Close March 11, 2022 By Insurance Journal staff With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be...
6th Circuit Approves Class Action for Ky. Underpayments by State Farm July 14, 2020 By Jim Sams A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty...
6th Circuit Affirms Class Action Suit to Collect Underpayments by State Farm July 1, 2020 By Jim Sams A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty...