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Results: 1-10 of 2,274

Depreciation of Labor Costs When Determining Actual Cash Value: Henn v. American Family
  • Cozen O'Connor
  • USA
  • June 20 2017

In February, the Nebraska Supreme Court held that it is acceptable for insurance companies to depreciate labor costs when determining the actual cash


Title insurance and foreclosure: What type of title coverage do lenders need in connection with a foreclosure in California?
  • Seyfarth Shaw LLP
  • USA
  • June 7 2011

With mortgage defaults on the rise, a growing number of lenders are being forced to foreclose on their collateral, either judicially or non-judicially, exercising the private power of sale


FENCE COVERED AS “DWELLING,” NOT “OTHER STRUCTURE”
  • Carrington Coleman
  • USA
  • January 27 2017

Nassar v. Liberty Mutual Fire Insurance Company Per Curiam (Opinion linked here) When is a fence a dwelling? When the insurance policy defines


USAA Texas Lloyds Company v. Gail Menchaca - Clarifying the relationship between an insured’s contract and statutory bad faith claims. Or does it?
  • HFW
  • USA
  • April 7 2017

On April 7 2017, the Texas Supreme Court issued its opinion in USAA Texas Lloyds Co. v Menchaca in an attempt to fulfill its "duty to settle the


Distinguishing Claims Made Policies, New Jersey Supreme Court Says Insurer Not Required to Show Prejudice for Late Notice
  • Manatt Phelps & Phillips LLP
  • USA
  • March 18 2016

In a recent loss for policyholders, the New Jersey Supreme Court has declared that an insurer is not required to demonstrate prejudice to deny


JPMorgan Chase agrees to settle forced-placed insurance class-action lawsuit for $300 million
  • Bilzin Sumberg Baena Price & Axelrod LLP
  • USA
  • November 6 2013

JPMorgan Chase and Assurant Inc. recentlyagreed to settle a class-action lawsuit initiated in June 2012 for $300 million brought by a class of 1.3


Expect the unexpected: The year ahead for the Financial Institutions Sector
  • Hogan Lovells
  • European Union, United Kingdom, USA
  • January 13 2017

There’s nothing new about change in the financial institutions sector. As in previous years, change for firms will be driven largely by regulation and


Fifth Circuit Provides Road Map for Review and Trial of Bad Faith Claims in Mississippi
  • Cozen O'Connor
  • USA
  • January 6 2017

Mississippi essentially has three levels of claim when insurance is at issue: (1) mere breach of contract, allowing recovery of contract damages; (2


Don’t Mess with the Texas Prompt Payment of Claims Act: One Court’s Appraisal Result
  • Cozen O'Connor
  • USA
  • July 25 2016

Virtually all property insurance policies contain an appraisal clause, which outlines the appraisal procedure in broad terms. Those broad terms


District Court Rebuffs CFPB’s RESPA “Continuing Violations” Theory
  • Foley & Lardner LLP
  • USA
  • June 19 2017

On June 6, 2017, a federal district court in Menichino v. CitiBank rejected an interpretation of the RESPA Section 8 statute of limitations