by Anthony Antonellis | Oct 2, 2022
Cases American Guarantee & Liability Ins Co. v. 51 Roses Mill LLC In American Guarantee & Liability Ins Co. v. 51 Roses Mill LLC, the United States District Court for the District of Connecticut found that a post loss assignment of benefits included the...
by Anthony Antonellis | Sep 29, 2022
Cases Franklin v. Lexington Ins. Co., No. WD 84816, 2022 WL 2310031 (Mo. Ct. App. June 28, 2022) The Missouri Court of Appeals has held that depreciation, without a specific provision in the policy stating otherwise, was limited to physical deterioration, and...
by Anthony Antonellis | Sep 27, 2022
Cases Sinatra & Co. Real Estate LLC v. Northern Security Ins. Co. The U.S. District Court for the Western District of New York recently held that the replacement of a fire damaged building need only be functionally similar to the original building for an insured...
by Anthony Antonellis | May 18, 2022
Cases Carpenter v. Liberty Ins. Corp The U.S. District Court for the Southern District of Ohio recently held that, in the context of a value policy statute, a building does not constitute a total loss unless the building loses its identity and specific character as a...
by Anthony Antonellis | May 24, 2021
Cases Miriam Butler , et al. v. The Travelers Home and Marine Insurance company, et al. The Supreme Court of South Carolina recently held that an insurer could depreciate embedded labor costs when calculating actual cash value where the policy did not define the term....
