replacement value News

Body Shop Still Swinging After 3 Losses Against Insurers in Ohio Courts

A Columbus, Ohio auto body shop, for the third time, has lost an attempt to pocket money paid to it by an auto insurer for vehicle repairs that were never made. The 10th District of the Ohio Court of Appeals …

Criminal’s Sentence Hinges on Replacement Value of Sunken Treasure

The value that an insurance company placed on a stolen gold bar might play a key role in how much the thieves must pay for restitution. In 1980, treasure hunter Mel Fisher pulled Gold Bar 27 from the wreckage of …

The Case of the Apple Tree Boy

M.I. Hummel figurines, or “Hummels,” have been an incredibly popular collectible since their introduction by the porcelain maker Franz Goebel in 1935. It may be surprising to know that the first Hummels were not actually porcelain figures but rather paper …

The Case of the Civil War Rifled Musket

Enservio Select was recently called in to determine the retail replacement value of a claimed Remington conversion rifle. The insured stated the claimed musket was built in 1812 by Remington Arms Co. and used in the Civil War (1861-1865) by …

Using Big Data To Improve Homeowners Insurance Products

There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has finally emerged to manage this astounding amount of …