Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
replacement cost News

Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent...

An insurer whose policy covers the “actual cash value” of a property may deduct for depreciation of labor costs when...
Standard homeowner policies pay personal property claims at actual cash value (ACV), which is the replacement cost (RC) of the...

Relying on self-reported roof age to make underwriting and claims decisions has left carriers with unreliable data built into the...
Well-to-do Illinois residents and their insurance agents can soon look forward to another option when it comes to protecting their...
The Florida Supreme Court in Trinidad v. Florida Peninsula Ins. Co., 2013 WL 3333823 (Fla. July 3, 2013) held that...
An Iowa golf course is preparing to buy $80,000 of lawn-mowing equipment to replace gear that was stolen over the...
Florida’s quasi-governmental property insurer is resisting a statutory requirement that they start issuing an HO-8 policy due to a disagreement...
