The Form and Substance of the Appraisal Award and the Authoritative Cases that have Argued the Details
The Form and Substance of the Appraisal Award and the Authoritative Cases that have Argued the Details The form and substance of the appraisal award have been the subject of numerous legal challenges over the years. Appraisal awards must be in writing, itemized, and signed by any two of the umpire and two appraisers, following […]
What Happens if the Appraisers are at an Impasse in New York?
What Happens if the Appraisers are at an Impasse in New York? In New York, an appraisal process is an alternative dispute resolution method for insurance claims that allows the policyholder and the insurer to resolve disputes regarding the amount of loss. The appraisal panel, made up of two appraisers, determines the amount of loss, […]
Understanding the Appraisal Clause in Texas
Understanding the Appraisal Clause in Texas If you are a policyholder in Texas, the appraisal clause may come into play in the event of a dispute with your insurer regarding the amount of loss. In this process, both parties choose and agree upon a competent and impartial appraiser, who will evaluate the evidence and make […]
Interference with the Appraisal Process: What are the Consequences?
Interference with the Appraisal Process: What are the Consequences? As a policyholder, you have the right to an unbiased and fair appraisal process in the event of an insurance claim dispute. The appraisal panel, made up of two appraisers and a neutral umpire, is responsible for determining the amount of loss, and actual cash value […]
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Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance Appraisal as ADR: Simple Guideline for Every Appraiser Insurance […]
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Insurance Appraiser Guidelines Insurance Appraiser Guidelines Insurance Appraiser Guidelines Insurance Appraiser Guidelines Insurance Appraiser Guidelines Insurance Appraiser Guidelines Insurance Appraiser Guidelines Written and designed by Thomas Di Sieno of Digitory Solutions, Inc. Written and designed by Thomas Di Sieno of Digitory Solutions, Inc. Written and designed by Thomas Di Sieno of Digitory Solutions, Inc. discover […]
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Tripartite Insurance Appraisal: Panel Dynamics Property and Casualty Insurance Policies call for a specific form of Appraisal, “tripartite appraisal”, in which each side names an appraiser of its choice, and then the two party-appointed appraisers select the neutral Umpire of the three-panel Appraisal. Typically, each party-appointed appraiser is aligned with the party that appointed her. […]
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INSURANCE APPRAISAL INTRODUCTION Appraisal, as conceived within the insurance industry, appears to be very different from its modern form. It was a creature of the insurance contract, but the courts in a number of jurisdictions have brought about an evolution of what was a favorable and easily utilized policy tool into a problem-rife forum that […]
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Super Storm Sandy claim, not yet resolved, finally received some resolution on 11/24; An Umpire was Appointed by the Court, and the Carrier’s refusal to submit to Appraisal was rejected. Summary: November 24th 2014: In Simat v. Tower Insurance Co. of New York, No. 8969/2014 (N.Y. Sup. Ct., Nassau Cty.), Nassau County Supreme Court Rejects […]
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Property Insurance Appraisal: Is Determining Causation Essential to Evaluating the Amount of Loss Property Insurance Appraisal: Is Determining Causation Essential to Evaluating the Amount of Loss Property Insurance Appraisal: Is Determining Causation Essential to Evaluating the Amount of Loss Property Insurance Appraisal: Is Determining Causation Essential to Evaluating the Amount of Loss Property Insurance Appraisal: […]
