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ACV first then RCV When Actually RepairedInsurer Properly Held Back Depreciation Before it was Obligated to Pay for Full Replacement CostRead the full article at https://lnkd.in/gSqMtX8 and at https://zalma.com/blog plus more than 3550 posts.In an insurance coverage dispute, plaintiff Jeanette Lanier appealed from a Law Division order granting summary judgment to defendant Farmers Mutual. In Jeanette Lanier v. Farmers Mutual, DOCKET...0 Comentários 0 Compartilhamentos 5KB Visualizações
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Insurance Policy Conditions Must be AppliedInsurance Policy Conditions Must be Applied Roof Damage Insurance Disputes ResolvedPost 4836 Read the full article at https://lnkd.in/gfuR4YEC, see the full video at https://lnkd.in/gXVGAZ-9 and at https://lnkd.in/ghHHwcM3 and at https://zalma.com/blog plus more than 4800 posts. Roof damage insurance disputes are common. April Point South Property Owner’s Association, claims that...0 Comentários 0 Compartilhamentos 1KB Visualizações
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No Coverage for Replacement Cost Until Damage Property Actually ReplacedAppellate Court Refuses to Rewrite Policy Terms to Assist the Plaintiff When a Plaintiff claimed that it was entitled to replacement cost benefits under an insurance policy issued by defendant, based on damage to plaintiff’s warehouse from a storm. Defendant paid plaintiff a total of $165,952.85 under the policy, based on the actual cash value (ACV) for damage to HVAC systems on the...0 Comentários 0 Compartilhamentos 4KB Visualizações
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No Indemnity for Old DamageMinnesota Statute Does not Require Insurer to Pay to Bring Church Property up to Code From Damage Predating Loss Read the full article at https://lnkd.in/gCg-xeCi and see the full video at https://lnkd.in/gWDAee5m and at https://lnkd.in/gXvrZxyM and at https://zalma.com/blog plus more than 4350 posts. St. Matthews Church of God and Christ (St. Matthews) is located in St. Paul, Minnesota sued...0 Comentários 0 Compartilhamentos 4KB Visualizações
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Unambiguous Policy Condition Must be EnforcedTo Obtain Full Replacement Cost Insured Must Repair or Replace Within Two Years of Loss Read the full article at https://www.linkedin.com/pulse/unambiguous-policy-condition-must-followed-barry-zalma-esq-cfe and at https://zalma.com/blog plus more than 3900 posts. Railroad Avenue Properties, LLC (“Railroad Avenue”) sued Acadia Insurance Company (“Acadia”) for breach...0 Comentários 0 Compartilhamentos 4KB Visualizações
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