A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty...
depreciation News
A federal appellate court has cleared the way for a class-action lawsuit to proceed against State Farm Fire and Casualty...
Ohio law does not allow Allstate to include labor costs when calculating the amount of depreciation for a property damage...
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...