An Arizona Court of Appeals concluded the Arizona Constitution never contemplated mental injuries when it used the term 'injury,' and the state's high court agreed.
"In order to hold in the manner in which you're arguing we would have to read 'purchase' to mean any change in coverage," said Justice Christine Donohue, who sits on the Pennsylvania Supreme Court bench.
The Supreme Court of Arizona recently answered two questions certified by the U.S. District Court for the District of Arizona that both concerned how an insurer may or may not use depreciation in calculating the actual cash value (ACV) of damaged property.
Massachusetts law states "the unambiguous terms of an insurance policy must be strictly enforced and an insured's failure to comply with the notice provision of a claims made policy bars coverage."