The liability limits sold to the class representative were approximately 4.5% higher than they would have been had defendants based those limits on reconstruction cost without debris removal, the suit alleged.
The Rhode Island Supreme Court vacated and remanded a lower court's ruling, determining a property owner had properly demanded an appraisal within the time limit provided in his policy with Allstate.
A New Jersey court previously ruled purchasers of PIP coverage are entitled to reimbursement for the entire policy amount, without reduction of a deductible or co-payment.
This case has brought a larger legal question in Massachusetts of whether an insurance company, and under what circumstances, has a right to recoup defense costs provided to an insured.
Conflicting signals between a potential El Nino and above-normal warmth in certain regions of the Atlantic bring more uncertainty than usual to this forecast.
The justices were guided by a 2020 decision related to an identical policy where the court found the term "physical abuse" as used in the exclusion was ambiguous.