Firm Wins Key Appellate Decision on When Prejudgment Interest Accrues for Payment of an Appraisal Award
Date:
July 15, 2009
Insurers are increasingly presented with a demand by plaintiff attorneys to pay prejudgment interest on a loss often in the aftemath of an appraisal award where the insured's counsel demands interest dating back to the original date of loss years before even where the insurer has fully cooperated in the appraisal process. In a major holding in favor of the insurer, as argued by the firm, in the case of ......
Firm Successfully Overturns Lower Court Ruling Permitting Bad Faith Claim to be Joined with Insurer Breach of Contract for Nonpayment of the Claim
Date:
December 31, 2008
Insurers are increasingly faced with first party property lawsuits which sue not only for non payment of the claim but for bad faith extra-contractual damages and statutory causes of action under the Civil Remedy Notice or claims handling regulatory scheme as well. In a case of industry-wide importance, the firm won reversal ...
