Sixth Circuit backs insurer’s right to deduct depreciation on unrepaired property claimMarch 27, 20261 Min Read2 Views Another line of argument was that applying the valuation section to repairs would create redundant language in the policy, effectively…
Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. CincinnatiMarch 27, 20263 Mins Read5 Views A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes…
Florida court rejects Citizens’ bid to invalidate AOB depreciation clausesFebruary 7, 20261 Min Read11 Views The case stems from Hurricane Ian damage to a Miami home owned by Paula Villa and Maykel Garcia in 2022.…
