Month January 2016

Minnesota Prejudgment Interest Statute Does Not Apply to Appraisal Awards Without an Underlying Breach of Contract or Bad Faith Claim

Cincinnati Insurance Company (Cincinnati) provided a homeowner’s policy to the insured. Pursuant to a Minnesota state statute, the policy included an appraisal clause mandating that if the parties could not agree on the valuation of a loss, that either party… Continue Reading →

Tressler LLP Launches The Property Line Blog

Tressler LLP is pleased to announce the launch of the firm’s latest blog, The Property Line. To keep up with the changing digital landscape, The Property Line will replace the firm’s traditional e-newsletter First-Party Property Insurance Law Alert. The blog… Continue Reading →

Arkansas Supreme Court Holds ACV Calculations Should Not Include Depreciation of Labor

It is a well-settled principle that the plain language of insurance policies prevail. In coverage disputes, it is rare to see a court purposefully ignore the application of unambiguous policy language. The Arkansas Supreme Court, however, recently ignored specific contract language, holding… Continue Reading →

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