Just a few weeks ago, a New York trial court weighed in regarding the question: what is reasonable care to maintain heat? The Saratoga county court in Zimmerman v. Leatherstocking Coop. Ins. Co., 2023 NY Slip Op 30314(U), ¶ 10 (Sup. Ct.), made an excellent example of the need to be factually exact in answering …
The Supreme Court of Florida recently resolved a long disputed issue holding that an appraiser who enters into a contingency agreement with a homeowner is not a disinterested party for appraisal purposes. In Jon Douglas Parrish v. State Farm Florida Insurance Company, the Court found that an appraiser cannot be disinterested if they, or a …
Property in 60 Seconds: Florida Supreme Court Defines “Disinterested” Party in Appraisal Read More »
HKR’s Dan Grossman and Lara Stern Orman have published a new white paper — The Basics of Time Element Coverage. You can read the other white papers authored by HKR’s team here.
Horst Krekstein & Runyon (HKR) is proud to announce its expansion into alternative dispute resolution—HKR’s ADR Center. The ADR Center offers deeply experienced attorneys and a former trial court Judge for Mediation, private Arbitration, Neutral Evaluation, and property insurance Appraisal services. Our alternative dispute resolution practice is recognized for effectiveness, fairness, and problem solving. Responsiveness …
A federal district court in Texas has become the latest to weigh in on whether insurance carriers may depreciate labor when determining the Actual Cash Value (“ACV”) of a loss. On January 11, 2023, in Sims v. Allstate Fire, the U.S. District Court for the Western District of Texas was asked to decide whether labor could be …
Property in 60 Seconds: Texas Federal Court Addresses Depreciation of Labor Read More »
This week, in EMOI Services, LLC v. Owners Insurance Company, the Ohio Supreme Court held that a ransomware attack on a medical billing company did not cause direct physical loss of or damage to software, where the company’s computer equipment remained unharmed. The Court further explained that the computer software does not have a material …
Ohio Supreme Court Holds Ransomware Attack Does Not Cause Direct Physical Loss Read More »
In State Auto Prop. & Cas. Ins. Co. v. Sigismondi Foreign Car Specialists, Inc., the Third Circuit upheld the District Court’s finding that the policyholder had committed insurance fraud when it provided altered invoices to support the values being claimed for allegedly damaged business personal property. The policyholder initially argued that the altered invoices were …
Third Circuit Affirms Judgment in Favor of Carrier on Insurance Fraud Claim Read More »
A New Jersey trial court recently addressed an issue of first impression under the State’s new app-based transport services law, the Network Company Safety and Regulations Act, which requires companies that conduct business in the transportation sector, such as Uber, to provide at least $1.5 million in underinsured motorists coverage. In Malzberg v. Josey, the …
HKR’s law clerks, Lexie Doran, Melissa Rheinstadter, and Andrew Hudson all passed the July 2022 Pennsylvania Bar Examination! We look forward to great things from them!
