appraisal News

ALJ Order Raises Question: Must Appraisers Be Licensed?

A public adjuster that has been vilified by insurers for disrupting and delaying property inspections could soon be suspended for two years following a recommended order by an administrative law judge. But state regulators’ recommendations in the case have raised …

Fla. Supreme: Public Adjuster with Contingent Fee Agreement Cannot Act as Appraiser

A public adjuster cannot act as an appraiser for a homeowner they represent when the insurance policy specifies that the appraiser must be “disinterested,” the Florida Supreme Court ruled Thursday. The high court affirmed a 2nd District Court of Appeal …

Viewpoint: Tennessee’s Emerging Trend of Enforcing Appraisal

The long-established law of Tennessee is that the appraisal process does not resolve questions of causation or coverage. This principle, espoused in the case Merrimack Mut. Fire Ins. Co. v. Batts, 59 S.W.3d 142, 152-53 (Tenn. Ct. App. 2001), remains …

Auto Repair Backlogs Continuing as Shops Struggle with Labor Shortage, Scarce Parts

Auto collision repair backlogs, first noted this summer, aren’t getting any better and will likely continue next year, according to a new report by CCC Intelligent Solutions. CCC said that 85% of the collision repair shops that use its technology …

PLRB Speakers Praise Appraisals, Remind Adjusters About Ethics

PHOENIX — Claims adjusters may groan at any mention of “going to appraisal.” But insurance defense attorney Andrew P. Rock sees the process as an opportunity. He says appraisals are another form of alternative dispute resolution. “If I look at …

Insurer That Denied Appraisal Can’t Seek Declaration That it Made the Right Choice

If an insurer wants confirmation by a court that an appraisal is inappropriate, it needs to file a request for declaratory judgment before denying the appraisal request, an Illinois appellate panel ruled Monday. A panel with the 3rd District of …

Insurers Challenging Awards When Appraisers’ ‘Disinterest’ in Question

Insurers created the appraisal process to provide an efficient way to resolve disputes outside of the courtroom using disinterested experts, but lately insurer skepticism about appraiser impartiality has become a new source of litigation. Insurance defense attorneys are increasingly likely …

8th Circuit: Policyholder Entitled to Appraisal to Determine Cause of Damage

A Minnesota property owner has a right to an appraisal to determine the cause of a loss even if the insurer contends the damage existed before it issued its policy, a panel of the US 8th Circuit Court Appeals ruled …

Viewpoint: The Case of the Forged Persian Antiquities

When thinking of the great empires of history, the Romans, Egyptians, and British rightly come to mind. Each of these states was remarkable. The Egyptians boasted a 3,000-year history with astounding architectural achievements. The Romans mastered art & science, extending …

The Case of the Fancy Diamond: Viewpoint

A brief history of Fancy diamonds Diamonds are considered the most desirable gemstone available in the jewelry market today – they come in all shapes and sizes, and are traditionally given for engagements, anniversaries, and special occasions. When you think …