Can Insurer Depreciate Both Labor and Materials in NC?
A North Carolina Court has held that the term Actual Cash Value (ACV) is unambiguous and can include depreciation for both labor and material costs.
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Contributory Coverage for Bodily Injury to an Insured?
Contributory Coverage for Bodily Injury to an Insured? Our insured has a standard homeowners policy. Last fall he and his daughter, age six, were in…
Read Full ArticleSnowmobile Endorsement PP 03 20 09 18 Analysis
Endorsement to the Personal Auto Policy.
Read Full ArticleDemands for In-House and Outside Counsel Surge as Insurance Litigation Jumps Almost 50%
A new litigation report is a warning shot to insurers that they must increase their resources—both in-house and outside counsel—in at least two segments of the industry.
Read Full ArticleDefault Judgment against Auto Insured?
Default Judgment against Auto Insured? We have a question about the carrier's liability in a case involving a default judgment against our insured.…
Read Full ArticleSnowmobile Endorsement-Archive
Snowmobile Endorsement June 1, 2005 Adapts Personal Auto Policy Summary: Under current personal auto rules and forms, privately owned snowmobiles…
Read Full ArticleFrozen Pipes and the Polar Vortex
Discusses frozen pipe claims during a polar vortex.
Read Full ArticleCourt Rules 'Insured Location' Includes Two Addresses on Single Parcel of Land
The court found the potential for coverage because the policy at issue applied to two structures that were on the same, undivided parcel of land.
Read Full ArticleAppraised Amount of Loss or Actual Cost of Repair Controversy
Appraised Amount of Loss or Actual Cost of Repair Controversy This is an appeal from the grant of summary judgment against the insureds. The insureds…
Read Full ArticleNamed Nonowner Coverage - Archived Article
Named Nonowner Coverage—Archived Article May, 2000 For Those Who Own No Automobiles Summary: To be eligible for a personal auto policy,…
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